Flat 50, 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 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £202,643 , which equates to approximately £325 per square foot. It was last sold on 29 Aug 2007 for £146,250. Since then, the value has increased by £56,393, representing a 38.6% increase, or approximately 2.1% per year.

The current estimated value of £202,643 is:

  • 53.8% lower than the average property price on Drake Way
  • 20.8% higher than the average in the RG2 0GZ postcode area
  • and 51.6% 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
2003-2006
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£202,643
Price Per sq ft (estimate)
£325
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 50, Thorney House Drake Way, Reading, RG2 0GZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Dec 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.

The previous EPC assessment was conducted on 4 Jun 2009. The rating of B is unchanged, though the energy efficiency score decreased by 3.6%.

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 roof construction or insulation changed from flat, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (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

19 th / 40
Price Rank
21% higher than average
17 th / 39
Size Rank
8% bigger than average
21 st / 39
Price Per Sq FT Rank
12% higher than average

Compared to other properties in RG2 0GZ , this flat's estimated value ranks 19th out of 40. Based on price per square foot, it ranks 21th out of 39 properties. In terms of size, this home ranks 17th out of 39 properties in its postcode area.

Sale History

Today
£202,643
streetscan.co.uk estimate
+39 %
29 Aug 2007
£146,250
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 50, Thorney House Drake Way, Reading, RG2 0GZ appears once in the Land Registry records, with the transaction recorded on 29 Aug 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Dec 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.