5 Drake Way, Reading, RG2 0GR is a freehold terraced property built between 2003-2006. The property offers approximately 764 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £352,796 , which equates to approximately £462 per square foot. It was last sold on 24 Oct 2006 for £192,500. Since then, the value has increased by £160,296, representing a 83.3% increase, or approximately 4.4% per year.

The current estimated value of £352,796 is:

  • 19.5% lower than the average property price on Drake Way
  • 32.6% higher than the average in the RG2 0GR postcode area
  • and 15.7% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 14 December 2022, the property was recorded as owner-occupied.

View sold house prices in RG2 0GR

Building approximate location

About Property

Type
Terraced House
Built
2003-2006
Interior Size
764 sq ft
Tenure
Freehold
Price (estimate)
£352,796
Price Per sq ft (estimate)
£462
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Drake Way, Reading, RG2 0GR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Dec 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Sep 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG2 0GR

5 th / 19
Price Rank
33% higher than average
2 nd / 18
Size Rank
16% bigger than average
6 th / 18
Price Per Sq FT Rank
14% higher than average

Compared to other properties in RG2 0GR , this house's estimated value ranks 5th out of 19. Based on price per square foot, it ranks 6th out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 2nd out of 18 properties in its postcode area.

Sale History

Today
£352,796
streetscan.co.uk estimate
+83 %
24 Oct 2006
£192,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £293,000
sale date: 31 Jul 2020
rooms: 3
size: 721 sq ft
sale price: £200,000
sale date: 5 Aug 2013

Data Sources

The property at 5 Drake Way, Reading, RG2 0GR appears once in the Land Registry records, with the transaction recorded on 24 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Dec 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.