Flat 3 2 Drake Way

    FLAT 3 2, DRAKE WAY, READING, RG2 0GR

    This flat/maisonette leasehold property on Drake Way last sold in August 2014 for £189,950. Based on price growth in the RG2 district since then, its estimated current value is £297,303 — placing it in the 49th percentile nationally and the 20th percentile within RG2. The property covers 58 m² (624 sq ft), giving an estimated value of £5,126 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £189,950

    Aug 2014

    Estimated Valuation

    £297,303

    Est. £/sq ft

    £476/sq ft

    £5,126/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateJan 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2014

    £189,950

    11 Dec 2006

    New build

    £167,500

    Key Metrics

    Estimated valuation£297,303
    Value per sq ft / m²£476/sq ft (£5,126/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile20th percentile
    National percentile49th 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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