Flat 6 1 Drake Way

    FLAT 6 1, DRAKE WAY, READING, RG2 0GR

    This flat/maisonette leasehold property on Drake Way last sold in September 2011 for £134,000. Based on price growth in the RG2 district since then, its estimated current value is £233,597 — placing it in the 33rd percentile nationally and the 9th percentile within RG2. The property covers 49 m² (527 sq ft), giving an estimated value of £4,767 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £134,000

    Sept 2011

    Estimated Valuation

    £233,597

    Est. £/sq ft

    £443/sq ft

    £4,767/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2011

    £134,000

    15 Dec 2006

    New build

    £138,500

    Key Metrics

    Estimated valuation£233,597
    Value per sq ft / m²£443/sq ft (£4,767/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile9th percentile
    National percentile33rd 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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