Flat 46, Thorney House Drake Way, Reading, RG2 0GZ is a leasehold flat built between 2003-2006. 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 £232,762 , which equates to approximately £328 per square foot. It was last sold on 3 Sep 2021 for £219,000. Since then, the value has increased by £13,762, representing a 6.3% increase, or approximately 1.5% per year.

The current estimated value of £232,762 is:

  • 46.9% lower than the average property price on Drake Way
  • 38.8% higher than the average in the RG2 0GZ postcode area
  • and 44.4% lower than the average price for Reading as a whole

At the most recent EPC inspection on 24 March 2021, the property was recorded as owner-occupied.

View sold house prices in RG2 0GZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£232,762
Price Per sq ft (estimate)
£328
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 46, Thorney House Drake Way, Reading, RG2 0GZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Mar 2021.

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 single glazed.

The previous EPC assessment was conducted on 24 Feb 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.2%.

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 wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from fully double glazed to single glazed.
  • The lighting was changed from low energy lighting in 73% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG2 0GZ

7 th / 40
Price Rank
39% higher than average
4 th / 39
Size Rank
23% bigger than average
19 th / 39
Price Per Sq FT Rank
13% higher than average

Compared to other properties in RG2 0GZ , this flat's estimated value ranks 7th out of 40. Based on price per square foot, it ranks 19th out of 39 properties. In terms of size, this home ranks 4th out of 39 properties in its postcode area.

Sale History

Today
£232,762
streetscan.co.uk estimate
+6 %
3 Sep 2021
£219,000
Leasehold
-6.8 %
18 Apr 2019
£235,000
Leasehold
+56.7 %
14 Sep 2007
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 41, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 4
size: 646 sq ft
sale price: £98,000
sale date: 23 Feb 2024
Flat 47, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 3
size: 710 sq ft
sale price: £177,000
sale date: 15 Jul 2022
Flat 35, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 3
size: 689 sq ft
sale price: £250,000
sale date: 28 Jan 2022
Flat 21, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 3
size: 646 sq ft
sale price: £238,000
sale date: 25 Jan 2022
Flat 48, Thorney House Drake Way, Reading, RG2 0GZ
rooms: 3
size: 646 sq ft
sale price: £172,500
sale date: 19 Jul 2021

Data Sources

The property at Flat 46, Thorney House Drake Way, Reading, RG2 0GZ appears three times in the Land Registry records, with the latest transaction recorded on 3 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Mar 2021. 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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