Flat 2 2 Drake Way

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

    This flat/maisonette leasehold property on Drake Way last sold in July 2023 for £250,000. Based on price growth in the RG2 district since then, its estimated current value is £262,439 — placing it in the 40th percentile nationally and the 13th percentile within RG2. The property covers 66 m² (710 sq ft), giving an estimated value of £3,976 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £250,000

    Jul 2023

    Estimated Valuation

    £262,439

    Est. £/sq ft

    £369/sq ft

    £3,976/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateOct 2019
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jul 2023

    £250,000

    29 Jun 2020

    £240,000

    20 Mar 2012

    £165,000

    11 Dec 2006

    New build

    £164,500

    Key Metrics

    Estimated valuation£262,439
    Value per sq ft / m²£369/sq ft (£3,976/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile13th percentile
    National percentile40th 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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