According to the public record, Flat 4, 127, Castle Hill, Reading is a period leasehold apartment with 247 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 127, Castle Hill, Reading, RG1.
Castle Hill, Reading, RG1 is located within the RG1 postal district.
Flat 4, 127, Castle Hill, Reading has 21 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated February 2019.
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 Flat 4 127 Castle Hill Reading as £110,066 and the rental value as £681 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 4 127 Castle Hill Reading has increased by £311 (0.3%) and its rental value has increased by £42 per month (6.1%).
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 Flat 4, 127, Castle Hill, Reading is in very good condition we estimate a sale value of £115,569 and rental value of £715 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,361 and a rental value of £633 per month.
If you were able to purchase this property for the estimated value of £110,066, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £541 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, Flat 4, 127, Castle Hill, Reading was last sold on 14 Jun 2019 for £102,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2019, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 127, Castle Hill, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 6, 127, Castle Hill, Reading, RG1 7SY, a Leasehold flat which sold for £115,000 in Sep 2023.
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, Flat 4, 127, Castle Hill, Reading is the 161st largest and the 161st most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in RG1.
Flat 4, 127, Castle Hill, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Feb 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 4, 127, Castle Hill, Reading is Reading West station which is 800 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 Flat 4, 127, Castle Hill, Reading, 66.9% of property is privately rented and 20.2% 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 Flat 4, 127, Castle Hill, Reading, 12.8% of residents are recorded as possessing school level qualifications and 59.7% 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 Flat 4, 127, Castle Hill, Reading, the average age was 37.7 and the most common age was 32.
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 Flat 4, 127, Castle Hill, Reading, 1.7% 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 Flat 4, 127, Castle Hill, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.