Flat 3 1 Drake Way

    FLAT 3 1, DRAKE WAY, READING, READING, RG2 0GR

    This flat/maisonette leasehold property on Drake Way last sold in December 2006 for £169,000. Based on price growth in the RG2 district since then, its estimated current value is £258,447 — placing it in the 39th percentile nationally and the 12th percentile within RG2. The property covers 70 m² (753 sq ft), giving an estimated value of £3,692 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £169,000

    Dec 2006

    Estimated Valuation

    £258,447

    Est. £/sq ft

    £343/sq ft

    £3,692/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateApr 2022
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2006

    New build

    £169,000

    Key Metrics

    Estimated valuation£258,447
    Value per sq ft / m²£343/sq ft (£3,692/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile12th percentile
    National percentile39th 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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