Sold STC Flat

FLAT 5

168 CASTLE HILL, READING, READING RG1 7RP

1 beds 1 baths 452 sq ft Listed 2 May 2025 (-486d)

£170,000

Reduced on 24 Oct 2025

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External

External Kitchen Bedroom Dining room Bedroom Bathroom Office Living room Living room Kitchen

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Property details

Tenure

LEASEHOLD (955 years remaining on lease)

Floor area

42 m²

Council tax band

B

EPC rating

E

Year built

England and Wales: before 1900

Last sold

£170,000 Mar 2026

Price per m²

£4,048/m²

Local average

£233,883 (-27.3%)

Deprivation

Decile 6 (19,828 of 33,755)

Street crime

819 incidents within 1 mile (Jun 2026)

Key features

  • Leasehold Term 999 years from 25/12/1982
  • Town Centre
  • Striking distance of The Oracle and Reading Station
  • Characterful apartment with high ceilings
  • One double bedroom
  • Open living / kitchen space and bay window
  • Independent study room
  • Allocated and visitors parking

Additional details

Heating
Electric
Parking
Off street

Description

Property Description

Located 0.3 miles from Reading Town Centre is this one double bedroom apartment comprised of open living space with high ceilings and a bay window. Separate to the apartment is a study room with windows, power and broadband, the ideal work from home office. Allocated and visitor parking

Listed by

Reading

Leaders and Romans Group

Reference: 161421938

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 12/04/2021

Expiry date: 11/04/2031

Current heating cost: £802/year

Potential heating cost: £237/year

Est. upgrade cost to C: £15,000

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Draughtproof single-glazed windows (£80 - £120)
  • High heat retention storage heaters (£800 - £1,200)
  • Replace single glazed windows with low-E double glazing (£3,300 - £6,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~156 m² (0.04 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floor Plan

Floor Plan

EPC Graphs

EPC

EPC

Price history

33% since 2012

Event Date Price % change
Sold 18/03/2026 (5 months ago) £170,000 -8.1%
Sold 25/10/2019 (6 years ago) £185,000 +2.8%
Sold 09/06/2017 (9 years ago) £180,000 +41.2%
Sold 17/08/2012 (14 years ago) £127,500 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
127 FLAT 11 CASTLE HILL, READING, RG1 7SY £96,000 21/01/2026 Flat
28 BAKER STREET, READING, RG1 7XX £81,000 20/11/2025 Flat
BLENHEIM TERRACE 17 BLENHEIM PLACE, READING, RG1 7ST £185,000 07/11/2025 Flat
8 THE FIRS, READING, RG1 6HN £192,000 24/09/2025 Flat
RIDGEBOROUGH COURT 8 CASTLE HILL, READING, RG1 7SZ £250,000 29/08/2025 Flat
LIMA COURT 4 BATH ROAD, READING, RG1 6NG £217,000 07/02/2025 Flat
16 THE FIRS, READING, RG1 6HN £270,000 24/11/2023 Flat
LIMA COURT 10 BATH ROAD, READING, RG1 6NG £227,500 11/10/2023 Flat
130 FLAT 3 CASTLE HILL, READING, RG1 7RW £147,000 29/09/2023 Flat
LIMA COURT 66 BATH ROAD, READING, RG1 6NG £245,000 15/09/2023 Flat
127 FLAT 6 CASTLE HILL, READING, RG1 7SY £115,000 06/09/2023 Flat
40 FLAT 2 CAREY STREET, READING, RG1 7JS £182,500 22/08/2023 Flat
BERKELEY COURT 13 COLEY AVENUE, READING, RG1 6LH £140,000 18/08/2023 Flat
134 FLAT 2 CASTLE HILL, READING, RG1 7RW £323,500 26/05/2023 Flat
3 FLAT 1 CASTLE CRESCENT, READING, RG1 6FN £240,000 05/05/2023 Flat
BLENHEIM TERRACE 4 BLENHEIM PLACE, READING, RG1 7ST £190,000 23/03/2023 Flat
3 FLAT A COLEY HILL, READING, RG1 6AE £190,000 02/12/2022 Flat
123 FLAT B CASTLE HILL, READING, RG1 7SY £225,000 14/11/2022 Flat
BERKELEY COURT 14 COLEY AVENUE, READING, RG1 6LH £120,000 11/11/2022 Flat
3 FLAT B COLEY HILL, READING, RG1 6AE £177,500 01/11/2022 Flat

Area average: £190,700 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -8.1%
10y growth -8.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Reading. Series: Flats and maisonettes. As of May 2026.

1y (index) -5%
5y (index) 4.2%
10y (index) 2.9%

Rental Range

Estimated market rent for Reading. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,416/mo
Realistic £1,573/mo
Optimistic £1,730/mo

Based on Local Authority from postcode lookup → Reading.

Location

Map view View on Google Maps View on OpenStreetMap Street View RG1 7RP

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop SmArt Ur Repair 0.0 miles
Bus stop Russell Street 0.0 miles
Shop Biker’s Club 0.0 miles
Train station Reading West 0.4 miles
Train station Reading 0.7 miles
Hospital Sue Ryder Duchess of Kent Hospice 0.9 miles
Hospital Prospect Park Hospital 1.4 miles
University University of Reading - Whiteknights Campus 1.8 miles

Street-level crime

Category Count
Violence and sexual offences 284
Shoplifting 120
Anti-social behaviour 103
Public order 67
Other theft 60
Vehicle crime 41
Criminal damage and arson 38
Bicycle theft 23
Drugs 20
Burglary 15
Robbery 15
Theft from the person 14
Other crime 12
Possession of weapons 7
Total incidents 819

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Coley Primary School Primary 0.2 miles Good — 12 Nov 2014
All Saints Church of England Aided Infant School Primary 0.3 miles Good — 12 Jul 2012
All Saints Junior School Primary 0.3 miles — (Inspected (no overall grade))
Oxford Road Community School Primary 0.4 miles Good — 10 Nov 2014
Civitas Academy Primary 0.4 miles Good — 11 Oct 2018

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Zinzan Street, RG1 £1,150/mo 1 0.18 miles OpenRent
1 Bed Flat, Chatham Street, RG1 £975/mo 1 0.34 miles OpenRent
1 Bed Flat, Chatham St, RG1 £975/mo 1 0.34 miles OpenRent

Average rent: £1,033/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.57%
Max investor price (0.8%) £121,875
Target investor price (1%) £97,500
Gross yield 6.9%
Cost-to-rent ratio 14.5×
Monthly cashflow £183/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).