Flat 12 Lundy House Drake Way

    FLAT 12 LUNDY HOUSE, DRAKE WAY, READING, RG2 0GQ

    This flat/maisonette leasehold property on Drake Way last sold in April 2019 for £225,000. Based on price growth in the RG2 district since then, its estimated current value is £252,026 — placing it in the 38th percentile nationally and the 11th percentile within RG2. The property covers 48 m² (517 sq ft), giving an estimated value of £5,251 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £225,000

    Apr 2019

    Estimated Valuation

    £252,026

    Est. £/sq ft

    £488/sq ft

    £5,251/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Apr 2019

    £225,000

    Key Metrics

    Estimated valuation£252,026
    Value per sq ft / m²£488/sq ft (£5,251/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile11th percentile
    National percentile38th percentile

    District Context — RG2

    RG2 covers Wokingham and surrounding areas in Berkshire, sitting between Reading and the Surrey borders in the south-east. It is a residential district with a mix of suburban and semi-rural character, popular with families and commuters.

    Average Property Price - RG2

    £404,270

    68

    National percentile

    Average Net Household Income - RG2

    £41,892

    65

    National percentile

    10-Year Annualised Price Growth - RG2

    3.5%

    48

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG2

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