Flat 7, 37 Drake Way, Reading, RG2 0WR is a leasehold flat The property offers approximately 420 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 £271,624 , which equates to approximately £647 per square foot. It was last sold on 14 Aug 2015 for £224,000. Since then, the value has increased by £47,624, representing a 21.3% increase, or approximately 2.1% per year.

The current estimated value of £271,624 is:

  • 38.0% lower than the average property price on Drake Way
  • 20.7% lower than the average in the RG2 0WR postcode area
  • and 35.1% lower than the average price for Reading as a whole

View sold house prices in RG2 0WR

Building approximate location

About Property

Type
Flat
Built
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£271,624
Price Per sq ft (estimate)
£647
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 37 Drake Way, Reading, RG2 0WR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Jan 2013.

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 high performance glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Average thermal transmittance 0.10 W/m?K
Very Good
Walls
Average thermal transmittance 0.18 W/m?K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to RG2 0WR

15 th / 25
Price Rank
21% lower than average
23 rd / 25
Size Rank
44% smaller than average
1 st / 25
Price Per Sq FT Rank
42% higher than average

Compared to other properties in RG2 0WR , this flat's estimated value ranks 15th out of 25. Based on price per square foot, it ranks 1st out of 25 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 23th out of 25 properties in its postcode area.

Sale History

Today
£271,624
streetscan.co.uk estimate
+21 %
14 Aug 2015
£224,000
Leasehold
+46.4 %
28 Mar 2013
£153,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £154,950
sale date: 22 Mar 2013
rooms:
size: 420 sq ft
sale price: £148,000
sale date: 18 Mar 2013
rooms:
size: 420 sq ft
sale price: £152,950
sale date: 17 Dec 2012
rooms:
size: 420 sq ft
sale price: £153,950
sale date: 17 Dec 2012
rooms:
size: 463 sq ft
sale price: £210,000
sale date: 20 Mar 2024

Data Sources

The property at Flat 7, 37 Drake Way, Reading, RG2 0WR appears two times in the Land Registry records, with the latest transaction recorded on 14 Aug 2015. It also has a single Energy Performance Certificate (EPC) from 2 Jan 2013. 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.