Flat 503 Cygnet House Drake Way

    FLAT 503 CYGNET HOUSE, DRAKE WAY, READING, RG2 0NX

    This flat/maisonette leasehold property on Drake Way last sold in November 2021 for £260,000. Based on price growth in the RG2 district since then, its estimated current value is £277,590 — placing it in the 44th percentile nationally and the 16th percentile within RG2. The property covers 66 m² (710 sq ft), giving an estimated value of £4,206 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

    £260,000

    Nov 2021

    Estimated Valuation

    £277,590

    Est. £/sq ft

    £391/sq ft

    £4,206/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateMar 2015
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    23 Nov 2021

    £260,000

    9 Jun 2015

    New build

    £221,000

    Key Metrics

    Estimated valuation£277,590
    Value per sq ft / m²£391/sq ft (£4,206/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile16th percentile
    National percentile44th 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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