Flat 2 37 Drake Way

    FLAT 2 37, DRAKE WAY, READING, RG2 0WR

    This flat/maisonette leasehold property on Drake Way last sold in May 2017 for £285,000. Based on price growth in the RG2 district since then, its estimated current value is £299,143 — placing it in the 49th percentile nationally and the 21st percentile within RG2. The property covers 65 m² (700 sq ft), giving an estimated value of £4,602 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £285,000

    May 2017

    Estimated Valuation

    £299,143

    Est. £/sq ft

    £428/sq ft

    £4,602/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2017

    £285,000

    25 Feb 2013

    New build

    £189,950

    Key Metrics

    Estimated valuation£299,143
    Value per sq ft / m²£428/sq ft (£4,602/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile21st 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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