Flat 7, Castle Gate 114
Flat 7, Castle Gate 114
Description & Estimates
Flat 7, Castle Gate 114, Reading is described in the public record as a modern apartment with 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 7, Castle Gate 114, Reading is £219,095 and its rental estimate is £1,321 per month, given the available information and assuming reasonable condition.
Castle Gate, Castle Street is a residential building on Castle Street, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 7, Castle Gate 114, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2018.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 7, Castle Gate 114, Reading, we estimate a market value of £230,050 and a rental value of £1,387 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £203,759 and £1,229 per month respectively.
Recent Market Change
Over the last year, Flat 7, Castle Gate 114, Reading has seen its estimated sale value fall by £5,847 (2.7%) and its estimated rental value move up by £24 per month (1.8%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 7, Castle Gate 114, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 7, Castle Gate 114, Reading completed on 25th March 2002 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Mar 2002£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, Castle Gate 114, Reading have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th January 2025, was Flat 11, Castle Gate 114, Castle Street, Reading, RG1 7QB, a leasehold flat which sold for £231,000.
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 Oct 2024£210,000 | 2 Bed FlatCastle Hill1 Ridgeborough Court, Castle Hill, Reading, RG1 7SZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 118 addresses on Castle Street, Reading, RG1, Flat 7, Castle Gate 114, Reading comes out as the 40th largest and the 46th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the RG1 district.
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Schools Nearby
- 200mColey Primary School
- 500mKatesgrove Primary School
- 600mCivitas Academy
- 1.0kmKendrick School
- 1.6kmRiver Academy
- 1.6kmThe WREN School
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Public Transport Nearby
From Flat 7, Castle Gate 114, Reading, the nearest station is Reading, 800 metres away.
- 800mReading
- 900mReading West
- 3.2kmReading Green Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
