Neighbourhood · Reading

Palmer Park: house prices and how the area is changing

Official figures for the Palmer Park neighbourhood of Reading, England (ONS area Reading 010). Headline figures assembled 25 October 2026. Postcodes RG1, RG6. Figures that read a point use the neighbourhood's centre, near RG1 4LS.

A neighbourhood with below-average incomes, with signals pointing away from gentrification

Palmer Park is a neighbourhood with below-average incomes. But area signals point away from gentrification against Reading (3 of 19 signals falling, none rising). Houses here typically resell for £310,000 and flats for £260,000 (median resale prices, 2023-2025). Recorded crime is higher than across Reading (1.2 times the borough's rate), schools nearby are improving slower than the council's and the nearest station, Reading, is about a 21-minute walk from the neighbourhood's centre.

The neighbourhood in brief, from the figures on this page. Summary updated 25 October 2026; source dates are shown below.

Typical house price

£310,000

Median resale price of houses in the neighbourhood, 2023-2025; +13% against 2017-2019.

Source: HM Land Registry Price Paid Data

Typical flat price

£260,000

Median resale price of flats in the neighbourhood, 2023-2025; -1% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Below average income

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Moving the other way

Weighted balance -0.17; 0 of 19 signals up, 3 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 4 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 6 small areas range from decile 3 to 6.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£58,300

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

1.2 times the borough's rate

Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

Slower than the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Palmer Park sits in Reading

Typical house price: the lowest of 19 neighbourhoods in Reading
Typical flat price: 4th highest of the 16 neighbourhoods in Reading with enough flat sales for one
Average household income: 8th lowest of 19 neighbourhoods in Reading

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 25 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Palmer Park

Median resale price of houses each year here and across Reading, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Median resale price of flats each year here and across Reading, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 25 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

0 of 19 counted signals point towards rising affluence against Reading, 3 the other way and 16 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Falling behind the borough

Recorded crime
Schools improving
Home improvement applications

Stations and schools nearby

Nearest station

Reading Railway station, about a 21-minute walk from the neighbourhood's centre (1.6 km in a straight line). About 32 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway to London Paddington (about 27 min); Elizabeth line to Abbey Wood (80 to 87 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

Nearest state primary school St John's Church of England Primary School 260 m from the neighbourhood's centre. Ofsted: Report card: Strong standard in 3 areas, Expected standard in 4 (Jul 2026).
Nearest state secondary school Reading School 660 m from the neighbourhood's centre. Ofsted: Outstanding (Nov 2023).

Schools: Department for Education, Get Information about Schools (20 October 2026); inspections: Ofsted's management information as at 30 September 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Palmer Park

What is the typical house price in Palmer Park?

£310,000. Median resale price of houses in the neighbourhood, 2023-2025; +13% against 2017-2019.

How does Palmer Park compare with the rest of Reading?

Typical house price: the lowest of 19 neighbourhoods in Reading. Typical flat price: 4th highest of the 16 neighbourhoods in Reading with enough flat sales for one. Average household income: 8th lowest of 19 neighbourhoods in Reading.

Is Palmer Park an affluent area?

Below average income. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Palmer Park gentrifying?

Moving the other way. Weighted balance -0.17; 0 of 19 signals up, 3 down, against the borough.

What is the nearest station to Palmer Park?

Reading. Railway station, about a 21-minute walk from the neighbourhood's centre (1.6 km in a straight line). About 32 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway to London Paddington (about 27 min); Elizabeth line to Abbey Wood (80 to 87 min).

Which state schools are nearest to Palmer Park?

Nearest state primary school. St John's Church of England Primary School. 260 m from the neighbourhood's centre. Ofsted: Report card: Strong standard in 3 areas, Expected standard in 4 (Jul 2026). Nearest state secondary school. Reading School. 660 m from the neighbourhood's centre. Ofsted: Outstanding (Nov 2023).

Each answer repeats a figure shown above, with its source there.

Thinking of buying in Palmer Park?

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.