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According to the public record, 27B, Priest Hill, Reading is a period leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 27B, Priest Hill, Reading is £405,105 and the estimated rental value is £1,475 per month.
The apartment is within 27, Priest Hill, Caversham, Reading, RG4.
Priest Hill, Caversham, Reading, RG4 is located within the RG4 postal district.
27B, Priest Hill, Reading has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 27B, Priest Hill, Reading is in very good condition we estimate a sale value of £425,361 and a rental value of £1,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,748 and a rental value of £1,372 per month.
Over the last 12 months the sale value of 27B Priest Hill Reading has decreased by an estimated £13,797 (3.4%) and its rental value has increased by an estimated £15 per month (1.0%), giving an expected gross yield of 4.4%.
27B, Priest Hill, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jul 2018.
The property is connected to mains gas and has mostly multiple glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 27B, Priest Hill, Reading was last sold on 23rd September 2021 for £475,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27B, Priest Hill, Reading within a radius of 520 metres over the last 2 years.
The most recent example is Flat 4, Cassini House 1, North Street, Reading, RG4 8JA, a leasehold flat which sold for £415,000 on the 30th June 2023.
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, 27B, Priest Hill, Reading is the 52nd largest and the 58th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in RG4.
The closest station to 27B, Priest Hill, Reading is Reading station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 27B, 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 South East 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 27B, 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 South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 27B, 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 27B, 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 27B, 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.