According to the public record, Flat 4, 40, Priest Hill, Reading is a period apartment with 703 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 40, Priest Hill, Caversham, Reading, RG4.
Priest Hill, Caversham, Reading, RG4 is located within the RG4 postal district.
Flat 4, 40, Priest Hill, Reading has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2022.
We combine this information with public data 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 40 Priest Hill Reading as £309,283 and the rental value as £1,277 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 4 40 Priest Hill Reading has increased by £192 (0.1%) and its rental value has increased by £68 per month (5.3%).
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 Flat 4, 40, Priest Hill, Reading is in very good condition we estimate a sale value of £324,747 and rental value of £1,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,633 and a rental value of £1,187 per month.
If you were able to purchase this property for the estimated value of £309,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,520 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, 40, Priest Hill, Reading was last sold on 04 May 2004 for £182,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 40, Priest Hill, Reading within a radius of 570 metres over the last 2 years.
The most recent example is Flat 2, 46, St. Annes Road, Reading, RG4 7PB, a Leasehold flat which sold for £362,000 in May 2024.
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, Flat 4, 40, Priest Hill, Reading is the 68th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in RG4.
Flat 4, 40, Priest Hill, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Oct 2022.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 4, 40, Priest Hill, Reading is Reading station which is 1.4 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 Flat 4, 40, Priest Hill, Reading, 45.7% of property is privately owned outright and 36.2% 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, 40, Priest Hill, Reading, 17.1% of residents are recorded as possessing school level qualifications and 67.5% 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, 40, 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 Flat 4, 40, Priest Hill, Reading, 0.7% 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, 40, Priest Hill, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.