Flat 1 2 Drake Way

    FLAT 1 2, DRAKE WAY, READING, RG2 0GR

    This flat/maisonette leasehold property on Drake Way last sold in February 2018 for £240,000. Based on price growth in the RG2 district since then, its estimated current value is £247,994 — placing it in the 37th percentile nationally and the 11th percentile within RG2. The property covers 63 m² (678 sq ft), giving an estimated value of £3,936 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £240,000

    Feb 2018

    Estimated Valuation

    £247,994

    Est. £/sq ft

    £366/sq ft

    £3,936/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area678 sq ft (63 m²)
    EPC dateDec 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Feb 2018

    £240,000

    25 Sept 2009

    £157,500

    11 Dec 2006

    New build

    £160,000

    Key Metrics

    Estimated valuation£247,994
    Value per sq ft / m²£366/sq ft (£3,936/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile11th percentile
    National percentile37th 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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