Flat 3, Castle Gate 114
Flat 3, Castle Gate 114
Description & Estimates
According to the public record, Flat 3, Castle Gate 114, Reading is a modern leasehold apartment with 742 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 3, Castle Gate 114, Reading is £228,623 and the estimated rental value is £1,356 per month.
The apartment is within Castle Gate, Castle Street, Reading, RG1.
Castle Street, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 3, Castle Gate 114, Reading has 21 entries in the Land Registry , most recently in June 2007 and a single entry in the EPC database dated August 2020.
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.
Price Range & Condition
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 3, Castle Gate 114, Reading is in very good condition we estimate a sale value of £240,054 and a rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,620 and a rental value of £1,261 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Castle Gate 114, Reading has dropped by £6,102 (2.7%), while its estimated rental value has risen by £24 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
Flat 3, Castle Gate 114, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, Castle Gate 114, Reading was last sold on 8th June 2007 for £209,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2007, the market for similar properties has risen by 1.9%.
- Sold Jun 2007£209,950
- Sold Dec 2001£193,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 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.
- Sold Jan 2025£231,000 | 2 Bed FlatCastle Gate 114, Castle StreetFlat 11, Castle Gate 114, Castle Street, Reading, RG1 7QB
- Sold Dec 2024£243,000 | 2 Bed FlatCastle Gate 114, Castle StreetFlat 1, Castle Gate 114, Castle Street, Reading, RG1 7QB
- Sold Dec 2020£245,000 | 2 Bed FlatCastle Gate 114, Castle StreetFlat 12, Castle Gate 114, Castle Street, Reading, RG1 7QB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Castle Street, Reading, RG1 has a total of 118 addresses. According to our analysis of all the public data, Flat 3, Castle Gate 114, Reading is the 26th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in RG1.
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Schools Nearby
- 200mColey Primary School
- 500mKatesgrove Primary School
- 600mCivitas Academy
- 1.0kmKendrick School
- 1.6kmRiver Academy
- 1.6kmThe WREN School
More reading links
Public Transport Nearby
The closest station to Flat 3, Castle Gate 114, Reading is Reading station, which is 800 metres away.
- 800mReading
- 900mReading West
- 3.2kmReading Green Park
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
