According to the public record, 5 Heritage Court, Castle Hill, Reading is a period leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 5, Castle Hill, Reading, RG1.
Castle Hill, Reading, RG1 is located within the RG1 postal district.
5 Heritage Court, Castle Hill, Reading has 21 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Heritage Court Castle Hill Reading as £248,454 and the rental value as £1,374 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Heritage Court Castle Hill Reading has increased by £1,058 (0.4%) and its rental value has increased by £86 per month (6.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5 Heritage Court, Castle Hill, Reading is in very good condition we estimate a sale value of £260,877 and rental value of £1,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,062 and a rental value of £1,278 per month.
If you were able to purchase this property for the estimated value of £248,454, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,221 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 5 Heritage Court, Castle Hill, Reading was last sold on 06 Oct 2014 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2014, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Heritage Court, Castle Hill, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, 168, Castle Hill, Reading, RG1 7RP, a Leasehold flat which sold for £210,000 in Oct 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Hill, Reading, RG1 has a total of 168 addresses. According to our analysis of all the public data, 5 Heritage Court, Castle Hill, Reading is the 73rd largest and the 50th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in RG1.
5 Heritage Court, Castle Hill, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 5 Heritage Court, Castle Hill, Reading is Reading West station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 Heritage Court, Castle Hill, Reading, 55.4% of property is privately rented and 30.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5 Heritage Court, Castle Hill, Reading, 14.8% of residents are recorded as possessing school level qualifications and 67.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5 Heritage Court, Castle Hill, Reading, the average age was 33.3 and the most common age was 22.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5 Heritage Court, Castle Hill, Reading, 0.8% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5 Heritage Court, Castle Hill, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.