Flat 2, 2 Drake Way, Reading, RG2 0GR is a leasehold flat built in 2007 onwards. The property offers approximately 710 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £254,938 , which equates to approximately £359 per square foot. It was last sold on 20 Jul 2023 for £250,000. Since then, the value has increased by £4,938, representing a 2.0% increase, or approximately 0.8% per year.

The current estimated value of £254,938 is:

  • 41.8% lower than the average property price on Drake Way
  • 4.2% lower than the average in the RG2 0GR postcode area
  • and 39.1% lower than the average price for Reading as a whole

At the most recent EPC inspection on 18 October 2019, the property was recorded as owner-occupied.

View sold house prices in RG2 0GR

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£254,938
Price Per sq ft (estimate)
£359
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 2 Drake Way, Reading, RG2 0GR has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Oct 2019.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG2 0GR

7 th / 19
Price Rank
4% lower than average
8 th / 18
Size Rank
8% bigger than average
14 th / 18
Price Per Sq FT Rank
11% lower than average

Compared to other properties in RG2 0GR , this flat's estimated value ranks 7th out of 19. Based on price per square foot, it ranks 14th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 18 properties in its postcode area.

Sale History

Today
£254,938
streetscan.co.uk estimate
+2 %
20 Jul 2023
£250,000
Leasehold
+4.2 %
29 Jun 2020
£240,000
Leasehold
+45.5 %
20 Mar 2012
£165,000
Leasehold
+0.3 %
11 Dec 2006
£164,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £240,000
sale date: 21 Feb 2018
rooms: 3
size: 624 sq ft
sale price: £189,950
sale date: 15 Aug 2014
rooms: 3
size: 689 sq ft
sale price: £175,000
sale date: 20 Aug 2012
rooms: 3
size: 689 sq ft
sale price: £176,500
sale date: 19 Nov 2010
rooms: 3
size: 624 sq ft
sale price: £165,000
sale date: 5 Jan 2007

Data Sources

The property at Flat 2, 2 Drake Way, Reading, RG2 0GR appears four times in the Land Registry records, with the latest transaction recorded on 20 Jul 2023. It also has a single Energy Performance Certificate (EPC) from 18 Oct 2019. 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.