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Company No. 11113204
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According to the public record, Flat 2, Castle Gate 114, Reading is a modern leasehold apartment with 668 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Castle Gate 114, Reading is £217,852 and the estimated rental value is £1,317 per month.
The apartment is within Castle Gate, Castle Street, Reading, RG1.
Castle Street, Reading, RG1 is located within the RG1 postal district.
Flat 2, Castle Gate 114, Reading has 31 entries in the Land Registry , most recently in December 2016 and a single entry in the EPC database dated December 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 Flat 2, Castle Gate 114, Reading is in very good condition we estimate a sale value of £228,744 and a rental value of £1,383 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,602 and a rental value of £1,225 per month.
Over the last 12 months the sale value of Flat 2 Castle Gate 114 Reading has decreased by an estimated £5,814 (2.7%) and its rental value has increased by an estimated £24 per month (1.8%), giving an expected gross yield of 7.3%.
Flat 2, Castle Gate 114, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Castle Gate 114, Reading was last sold on 2nd December 2016 for £295,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2016, the market for similar properties has dropped 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Castle Gate 114, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 11, Castle Gate 114, Castle Street, Reading, RG1 7QB, a leasehold flat which sold for £231,000 on the 6th January 2025.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Street, Reading, RG1 has a total of 118 addresses. According to our analysis of all the public data, Flat 2, Castle Gate 114, Reading is the 42nd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in RG1.
The closest station to Flat 2, Castle Gate 114, Reading is Reading station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Flat 2, Castle Gate 114, Reading, % of property is and % is .
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 Flat 2, Castle Gate 114, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Castle Gate 114, Reading, 0.0% 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 2, Castle Gate 114, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
