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Property for sale Palmer Street, Reading, RG1

Asking price

£235,000

Added on 03/10/2026

Size: £579 per sq ft
Tenure: Ask agent

Council tax Band D £2,613 a year

Key features

One-bedroom second-floor apartment
Open-plan living space incorporating kitchen
Doors opening onto a private balcony
Modern bathroom
Convenient town centre location
Close to the River Kennet and riverside walks
Within easy reach of Forbury Gardens
Convenient for The Oracle shopping and leisure complex
Excellent access to Reading town centre amenities
Reading Station within easy reach, offering mainline rail services and connections to London

About this property

Situated in a convenient town centre location, this well-presented one-bedroom second-floor apartment offers contemporary living with excellent access to Reading's extensive range of amenities.

The accommodation centres around an open-plan living space incorporating the kitchen, creating a sociable and practical environment for both relaxing and entertaining. Doors open directly onto a private balcony, providing a welcome spot to enjoy some fresh air.

Floorplan

Council tax

Band D £2,613 a year

Per year

Band A

£1,742
Band B

£2,032
Band C

£2,322
Band D

This home: £2,613
Band E

£3,193
Band F

£3,774
Band G

£4,355
Band H

£5,226

This home is in band D, which costs £2,613 a year in Reading for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Reading, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Property timeline

Listed

October 2026 £235,000

this listing

Past sales can't be shown: the agent hasn't given the house number.

Price guide

This home

£579 / sq ft

Area average (sold)

£393 / sq ft

Price per area, sold homes nearby

£291 / sq ft

£579 / sq ft

£494 / sq ft

Lowest

This home

Highest

£579 per sq ft, above 9 in 10 recent sales in RG1 (£291–£494, 10th–90th percentile, 1,016 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,016 homes sold in RG1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in RG1 →

Location

Palmer Street, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £235,000

£117k £353k

Deposit10% £24,000

£0 £235k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £211,000 mortgage. Most lenders would want a household income of about £47,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 69, 4, Palmer Street Flat / maisonette	Flat / maisonette	Nov 2025	527 sq ft £521/sq ft	527 sq ft	£521	£275,000
Flat 21, 4, Palmer Street Flat / maisonette	Flat / maisonette	Mar 2025	700 sq ft £512/sq ft	700 sq ft	£512	£358,000
Flat 55, 4, Palmer Street Flat / maisonette	Flat / maisonette	Mar 2025	592 sq ft £473/sq ft	592 sq ft	£473	£280,000
Flat 18, 4, Palmer Street Flat / maisonette	Flat / maisonette	Aug 2024	1,119 sq ft £384/sq ft	1,119 sq ft	£384	£430,000
Flat 66, 4, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Apr 2023	484 sq ft £641/sq ft	484 sq ft	£641	£310,400
Flat 55, 4, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Mar 2023	592 sq ft £526/sq ft	592 sq ft	£526	£311,150
Flat 59, 4, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Mar 2023	710 sq ft £549/sq ft	710 sq ft	£549	£390,000
Flat 31, 4, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Feb 2023	700 sq ft £541/sq ft	700 sq ft	£541	£378,300