Flat 2 27 Drake Way

    FLAT 2 27, DRAKE WAY, READING, RG2 0WR

    This flat/maisonette leasehold property on Drake Way last sold in September 2022 for £260,000. Based on price growth in the RG2 district since then, its estimated current value is £260,511 — placing it in the 40th percentile nationally and the 13th percentile within RG2. The property covers 57 m² (614 sq ft), giving an estimated value of £4,570 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £260,000

    Sept 2022

    Estimated Valuation

    £260,511

    Est. £/sq ft

    £425/sq ft

    £4,570/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateNov 2012
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2022

    £260,000

    20 Dec 2019

    £235,000

    19 Dec 2012

    £185,950

    Key Metrics

    Estimated valuation£260,511
    Value per sq ft / m²£425/sq ft (£4,570/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile13th percentile
    National percentile40th 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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