Flat 3 37 Drake Way

    FLAT 3 37, DRAKE WAY, READING, RG2 0WR

    This flat/maisonette leasehold property on Drake Way last sold in March 2013 for £148,000. Based on price growth in the RG2 district since then, its estimated current value is £252,749 — placing it in the 38th percentile nationally and the 12th percentile within RG2. The property covers 39 m² (420 sq ft), giving an estimated value of £6,481 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £148,000

    Mar 2013

    Estimated Valuation

    £252,749

    Est. £/sq ft

    £602/sq ft

    £6,481/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area420 sq ft (39 m²)
    EPC dateJan 2013
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2013

    New build

    £148,000

    Key Metrics

    Estimated valuation£252,749
    Value per sq ft / m²£602/sq ft (£6,481/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile12th percentile
    National percentile38th 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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