1, Drake Way - RG2 0GR
Key Building Insights
1, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 7 addresses.
It ranks as the 300th largest and 187th most expensive of the 475 buildings in the RG2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 6 flats and 1 other property.
- Ave. Sale Price
- £202,462
- 10 Year change
- down 9.5%
- Ave. Rental Price
- £1,255pcm
- 10 Year change
- up 21.4%
- Ave. £ per ft²
- £319/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Building Insights
1, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 7 addresses.
It ranks as the 300th largest and 187th most expensive of the 475 buildings in the RG2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 6 flats and 1 other property.
- Ave. Sale Price
- £202,462
- 10 Year change
- down 9.5%
- Ave. Rental Price
- £1,255pcm
- 10 Year change
- up 21.4%
- Ave. £ per ft²
- £319/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Properties on Drake Way, Reading, RG2
- Flat 1, 1 Drake Way
2 Bed Modern Flat
- Flat 2, 1 Drake Way
2 Bed Modern Flat
- Flat 3, 1 Drake Way
2 Bed Modern Flat
- Flat 4, 1 Drake Way
2 Bed Modern Flat
- Flat 5, 1 Drake Way
Modern Flat
Sales Market Trends
The last sale in 1, Drake Way sold for £177,000 on 31st March 2026. Since then prices are down an average of 1.4%.
The current average value in the building is £202,462.
The 1, Drake Way Sales Market has decreased by 9.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £202,462 |
| June 2025 | -2.9% | £211,078 |
| June 2024 | 1.2% | £217,324 |
| June 2023 | -1% | £214,818 |
| June 2022 | 3.3% | £217,082 |
| June 2021 | -0.4% | £210,053 |
| June 2020 | -0.6% | £210,964 |
| June 2019 | -2.3% | £212,204 |
| June 2018 | -2.6% | £217,275 |
| June 2017 | -0.3% | £223,113 |
| June 2016 | 13.8% | £223,692 |
| June 2015 | 12.9% | £196,525 |
| June 2014 | 11.9% | £174,045 |
| June 2013 | 4.1% | £155,504 |
| June 2012 | 1.6% | £149,427 |
| June 2011 | -3.6% | £147,142 |
| June 2010 | 5.9% | £152,626 |
| June 2009 | -12.5% | £144,147 |
| June 2008 | -2.6% | £164,730 |
| June 2007 | 0% | £169,049 |
Rental Market Trends
The current average rental value in the building is £1,255.
The 1, Drake Way Rental Market has increased by 21.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,255pcm |
| June 2025 | 0.2% | £1,229pcm |
| June 2024 | 5.9% | £1,226pcm |
| June 2023 | 10% | £1,158pcm |
| June 2022 | 6.6% | £1,052pcm |
| June 2021 | 1% | £988pcm |
| June 2020 | -0.7% | £978pcm |
| June 2019 | 0.4% | £985pcm |
| June 2018 | -1.7% | £981pcm |
| June 2017 | -3.4% | £998pcm |
| June 2016 | 4.1% | £1,033pcm |
| June 2015 | 6.7% | £993pcm |
| June 2014 | 4.9% | £930pcm |
| June 2013 | 2.3% | £887pcm |
| June 2012 | 4% | £867pcm |
| June 2011 | 2.3% | £834pcm |
| June 2010 | 1.4% | £815pcm |
| June 2009 | -10.2% | £804pcm |
| June 2008 | 2.5% | £895pcm |
| June 2007 | 0% | £873pcm |
Sales History
The last recorded sale was on 31st March 2026 for £177,000 and since then the market in the area has decreased by 1.4%.
1, Drake Way, Reading, RG2 0GR has had 3 sales since 1995, 2 of them in the last twelve months.
- Sold Mar 2026£177,000 | 2 Bed FlatFlat 7, 1, Drake Way, Reading, RG2 0GRFlat 7, 1, Drake Way, Reading, RG2 0GR
- Sold Oct 2025£140,000 | 2 Bed FlatFlat 6, 1, Drake Way, Reading, RG2 0GRFlat 6, 1, Drake Way, Reading, RG2 0GR
- Sold Sep 2022£200,000 | 2 Bed FlatFlat 7, 1, Drake Way, Reading, RG2 0GRFlat 7, 1, Drake Way, Reading, RG2 0GR
Property Types
- 6 modern flats built after 1980
- 1 other address of unknown type
- modern flat (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Nov 2023£470,000 | 4 Bed House21, Drake Way, Reading, RG2 0WR21, Drake Way, Reading, RG2 0WR
- Sold Mar 2025£470,000 | 4 Bed House31, Drake Way, Reading, RG2 0WR31, Drake Way, Reading, RG2 0WR
- Sold May 2022£435,000 | 4 Bed House31, Drake Way, Reading, RG2 0WR31, Drake Way, Reading, RG2 0WR
Schools Nearby
- Whitley Park Primary and Nursery School700 m away
- The Palmer Primary Academy1.3 km away
- Christ The King Catholic Primary School1.4 km away
- Reading Girls' School1.2 km away
- Hartland High School1.2 km away
- Kendrick School2.4 km away
More reading links
Public Transport Nearby
The closest station to 1, Drake Way, Reading, RG2 0GR is Reading Green Park station, which is 1.7 kilometres away.
- Reading Green Park|1.7 km away
- Reading West|2.9 km away
- Reading|3.0 km away
- Earley|4.2 km away
