Flat 5 37 Drake Way

    FLAT 5 37, DRAKE WAY, READING, RG2 0WR

    This flat/maisonette leasehold property on Drake Way last sold in March 2013 for £191,950. Based on price growth in the RG2 district since then, its estimated current value is £327,805 — placing it in the 55th percentile nationally and the 30th percentile within RG2. The property covers 60 m² (646 sq ft), giving an estimated value of £5,463 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £191,950

    Mar 2013

    Estimated Valuation

    £327,805

    Est. £/sq ft

    £508/sq ft

    £5,463/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJan 2013
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Mar 2013

    New build

    £191,950

    Key Metrics

    Estimated valuation£327,805
    Value per sq ft / m²£508/sq ft (£5,463/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile30th percentile
    National percentile55th 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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