Flat 25, Thorney House Drake Way, Reading, RG2 0GZ is a leasehold flat built between 1996-2002. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £205,647 , which equates to approximately £367 per square foot. It was last sold on 24 Feb 2014 for £141,500. Since then, the value has increased by £64,147, representing a 45.3% increase, or approximately 3.8% per year.

The current estimated value of £205,647 is:

  • 53.1% lower than the average property price on Drake Way
  • 22.6% higher than the average in the RG2 0GZ postcode area
  • and 50.9% lower than the average price for Reading as a whole

View sold house prices in RG2 0GZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£205,647
Price Per sq ft (estimate)
£367
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 25, Thorney House Drake Way, Reading, RG2 0GZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Dec 2016.

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 3 Oct 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 10.6%.

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 lighting was changed from low energy lighting in 30% of fixed outlets to low energy lighting in 40% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to RG2 0GZ

18 th / 40
Price Rank
23% higher than average
23 rd / 39
Size Rank
3% smaller than average
17 th / 39
Price Per Sq FT Rank
27% higher than average

Compared to other properties in RG2 0GZ , this flat's estimated value ranks 18th out of 40. Based on price per square foot, it ranks 17th out of 39 properties. In terms of size, this home ranks 23th out of 39 properties in its postcode area.

Sale History

Today
£205,647
streetscan.co.uk estimate
+45 %
24 Feb 2014
£141,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 54, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 3
size: 560 sq ft
sale price: £215,000
sale date: 19 Jul 2024
Flat 20, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 2
size: 506 sq ft
sale price: £72,000
sale date: 23 Nov 2022
Flat 28, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 2
size: 560 sq ft
sale price: £82,500
sale date: 28 Jan 2022
Flat 33, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 3
size: 603 sq ft
sale price: £210,000
sale date: 28 Jan 2022
Flat 27, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 2
size: 560 sq ft
sale price: £170,000
sale date: 21 Jan 2022

Data Sources

The property at Flat 25, Thorney House Drake Way, Reading, RG2 0GZ appears once in the Land Registry records, with the transaction recorded on 24 Feb 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Dec 2016. 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.
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