Flat 405 Cygnet House Drake Way

    FLAT 405 CYGNET HOUSE, DRAKE WAY, READING, RG2 0NX

    This flat/maisonette leasehold property on Drake Way last sold in July 2023 for £280,000. Based on price growth in the RG2 district since then, its estimated current value is £293,932 — placing it in the 48th percentile nationally and the 19th percentile within RG2. The property covers 67 m² (721 sq ft), giving an estimated value of £4,387 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £280,000

    Jul 2023

    Estimated Valuation

    £293,932

    Est. £/sq ft

    £408/sq ft

    £4,387/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area721 sq ft (67 m²)
    EPC dateApr 2015
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    31 Jul 2023

    £280,000

    28 May 2015

    New build

    £225,500

    Key Metrics

    Estimated valuation£293,932
    Value per sq ft / m²£408/sq ft (£4,387/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile19th percentile
    National percentile48th 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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