Flat 402, Cygnet House Drake Way, Reading, RG2 0NX is a leasehold flat built in 2012 onwards. The property offers approximately 635 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £281,366 , which equates to approximately £443 per square foot. It was last sold on 21 May 2015 for £221,995. Since then, the value has increased by £59,371, representing a 26.7% increase, or approximately 2.5% per year.

The current estimated value of £281,366 is:

  • 35.8% lower than the average property price on Drake Way
  • 6.8% higher than the average in the RG2 0NX postcode area
  • and 32.8% lower than the average price for Reading as a whole

At the most recent EPC inspection on 8 March 2025, the property was recorded as rented.

View sold house prices in RG2 0NX

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£281,366
Price Per sq ft (estimate)
£443
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 402, Cygnet House Drake Way, Reading, RG2 0NX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Mar 2025.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Mar 2015, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.17 w/m-¦k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG2 0NX

39 th / 73
Price Rank
7% higher than average
43 rd / 73
Size Rank
7% bigger than average
41 st / 73
Price Per Sq FT Rank
1% lower than average

Compared to other properties in RG2 0NX , this flat's estimated value ranks 39th out of 73. Based on price per square foot, it ranks 41th out of 73 properties. In terms of size, this home ranks 43th out of 73 properties in its postcode area.

Sale History

Today
£281,366
streetscan.co.uk estimate
+27 %
21 May 2015
£221,995
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 309, Cygnet House Drake Way, Reading, RG2 0NX
rooms: 3
size: 667 sq ft
sale price: £276,500
sale date: 30 Jun 2021
Flat 308, Cygnet House Drake Way, Reading, RG2 0NX
rooms: 3
size: 721 sq ft
sale price: £280,000
sale date: 29 Sep 2020
Flat 213, Cygnet House Drake Way, Reading, RG2 0NX
rooms: 3
size: 624 sq ft
sale price: £275,000
sale date: 7 Feb 2020
Flat 111, Cygnet House Drake Way, Reading, RG2 0NX
rooms: 3
size: 689 sq ft
sale price: £285,000
sale date: 3 May 2017
Flat 215, Cygnet House Drake Way, Reading, RG2 0NX
rooms: 3
size: 700 sq ft
sale price: £310,000
sale date: 14 Dec 2016

Data Sources

The property at Flat 402, Cygnet House Drake Way, Reading, RG2 0NX appears once in the Land Registry records, with the transaction recorded on 21 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Mar 2025. 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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