According to the public record, 27A, Priest Hill, Reading is a period leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 27, Priest Hill, Caversham, Reading, RG4.
Priest Hill, Caversham, Reading, RG4 is located within the RG4 postal district.
27A, Priest Hill, Reading has 41 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated July 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 27A Priest Hill Reading as £398,904 and the rental value as £1,585 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 27A Priest Hill Reading has decreased by £2,307 (0.6%) and its rental value has increased by £73 per month (4.6%).
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 27A, Priest Hill, Reading is in very good condition we estimate a sale value of £418,849 and rental value of £1,664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,981 and a rental value of £1,474 per month.
If you were able to purchase this property for the estimated value of £398,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,960 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, 27A, Priest Hill, Reading was last sold on 31 Mar 2016 for £300,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27A, Priest Hill, Reading within a radius of 520 metres over the last 2 years.
The most recent example is 40, Auburn Court, Reading, RG4 7AJ, a Leasehold flat which sold for £410,000 in Aug 2022.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priest Hill, Caversham, Reading, RG4 has a total of 72 addresses. According to our analysis of all the public data, 27A, Priest Hill, Reading is the 59th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in RG4.
27A, Priest Hill, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 27A, Priest Hill, Reading is Reading station which is 1.2 kilometres 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 27A, Priest Hill, Reading, 38.3% of property is privately rented and 32.6% 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 27A, Priest Hill, Reading, 17.8% of residents are recorded as possessing school level qualifications and 59.6% 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 27A, Priest Hill, Reading, the average age was 41 and the most common age was 42.
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 27A, Priest Hill, Reading, 0.9% 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 27A, Priest Hill, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.