Flat 8, Castle Gate 114
Flat 8, Castle Gate 114
Description & Estimates
The public record describes Flat 8, Castle Gate 114, Reading as a modern apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 8, Castle Gate 114, Reading has an estimated sale value of £233,269 and an estimated rental value of £1,372 per month, assuming reasonable condition and based on the information available.
The apartment sits within Castle Gate, Castle Street, Reading, RG1.
Castle Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 8, Castle Gate 114, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2019.
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
In very good condition, we estimate Flat 8, Castle Gate 114, Reading would be worth £244,933, with a potential rental value of £1,441 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £216,940, with a rental value of £1,276 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 8, Castle Gate 114, Reading has moved down by £6,226 (2.7%) over the last year. During the same period, its estimated monthly rental value has increased by £25 (1.8%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
Flat 8, Castle Gate 114, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 8, Castle Gate 114, Reading last changed hands on 26th October 2005, selling for £190,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold Oct 2005£190,000
- Sold Dec 2001£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Flat 8, Castle Gate 114, Reading across the last 2 years.
Most recently, Flat 11, Castle Gate 114, Castle Street, Reading, RG1 7QB, a leasehold flat, sold at £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
Our analysis of the public data ranks Flat 8, Castle Gate 114, Reading as the 18th largest and the 26th most expensive of the 118 addresses on Castle Street, Reading, RG1.
Against the RG1 postcode district average, it is £63k less expensive than the typical property.
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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
Reading station is the nearest stop to Flat 8, Castle Gate 114, Reading at 800 metres away.
- 800mReading
- 900mReading West
- 3.2kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
