Flat 49, Thorney House Drake Way, Reading, RG2 0GZ is a leasehold flat built between 2003-2006. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £241,951 , which equates to approximately £388 per square foot. It was last sold on 21 Mar 2019 for £220,000. Since then, the value has increased by £21,951, representing a 10.0% increase, or approximately 1.5% per year.

The current estimated value of £241,951 is:

  • 44.8% lower than the average property price on Drake Way
  • 44.2% higher than the average in the RG2 0GZ postcode area
  • and 42.2% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 2 March 2022, the property was recorded as rented.

View sold house prices in RG2 0GZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£241,951
Price Per sq ft (estimate)
£388
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 49, Thorney House Drake Way, Reading, RG2 0GZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 2 Mar 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 May 2009. The rating of B is unchanged, though the energy efficiency score decreased by 4.7%.

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 71% 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
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG2 0GZ

6 th / 40
Price Rank
44% higher than average
16 th / 39
Size Rank
8% bigger than average
10 th / 39
Price Per Sq FT Rank
34% higher than average

Compared to other properties in RG2 0GZ , this flat's estimated value ranks 6th out of 40. Based on price per square foot, it ranks 10th out of 39 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 16th out of 39 properties in its postcode area.

Sale History

Today
£241,951
streetscan.co.uk estimate
+10 %
21 Mar 2019
£220,000
Leasehold
+40.2 %
4 Nov 2009
£156,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £215,000
sale date: 19 Jul 2024
rooms: 4
size: 646 sq ft
sale price: £98,000
sale date: 23 Feb 2024
rooms: 3
size: 710 sq ft
sale price: £177,000
sale date: 15 Jul 2022
rooms: 2
size: 560 sq ft
sale price: £82,500
sale date: 28 Jan 2022
rooms: 3
size: 689 sq ft
sale price: £250,000
sale date: 28 Jan 2022

Data Sources

The property at Flat 49, Thorney House Drake Way, Reading, RG2 0GZ appears two times in the Land Registry records, with the latest transaction recorded on 21 Mar 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Mar 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.