2, Drake Way - RG2 0GR
Key Building Insights
2, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 4 addresses.
It ranks as the 208th largest and 303rd 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 4 properties: 4 flats.
- Ave. Sale Price
- £229,158
- 10 Year change
- down 9.5%
- Ave. Rental Price
- £1,416pcm
- 10 Year change
- up 21.4%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Building Insights
2, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 4 addresses.
It ranks as the 208th largest and 303rd 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 4 properties: 4 flats.
- Ave. Sale Price
- £229,158
- 10 Year change
- down 9.5%
- Ave. Rental Price
- £1,416pcm
- 10 Year change
- up 21.4%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Properties on Drake Way, Reading, RG2
- Flat 1, 2 Drake Way
2 Bed Modern Flat
- Flat 2, 2 Drake Way
2 Bed Modern Flat
- Flat 3, 2 Drake Way
2 Bed Modern Flat
- Flat 4, 2 Drake Way
2 Bed Modern Flat
Sales Market Trends
The last sale in 2, Drake Way sold for £250,000 on 20th July 2023. Since then prices are down an average of 5.8%.
The current average value in the building is £229,158.
The 2, Drake Way Sales Market has decreased by 9.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £229,158 |
| June 2025 | -2.9% | £238,911 |
| June 2024 | 1.2% | £245,980 |
| June 2023 | -1% | £243,144 |
| June 2022 | 3.3% | £245,706 |
| June 2021 | -0.4% | £237,751 |
| June 2020 | -0.6% | £238,782 |
| June 2019 | -2.3% | £240,185 |
| June 2018 | -2.6% | £245,925 |
| June 2017 | -0.3% | £252,533 |
| June 2016 | 13.8% | £253,188 |
| June 2015 | 12.9% | £222,438 |
| June 2014 | 11.9% | £196,995 |
| June 2013 | 4.1% | £176,009 |
| June 2012 | 1.6% | £169,131 |
| June 2011 | -3.6% | £166,544 |
| June 2010 | 5.9% | £172,751 |
| June 2009 | -12.5% | £163,154 |
| June 2008 | -2.6% | £186,451 |
| June 2007 | 0% | £191,340 |
Rental Market Trends
The current average rental value in the building is £1,416.
The 2, Drake Way Rental Market has increased by 21.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,416pcm |
| June 2025 | 0.2% | £1,388pcm |
| June 2024 | 5.9% | £1,384pcm |
| June 2023 | 10% | £1,307pcm |
| June 2022 | 6.6% | £1,188pcm |
| June 2021 | 1% | £1,115pcm |
| June 2020 | -0.7% | £1,104pcm |
| June 2019 | 0.4% | £1,112pcm |
| June 2018 | -1.7% | £1,107pcm |
| June 2017 | -3.4% | £1,127pcm |
| June 2016 | 4.1% | £1,167pcm |
| June 2015 | 6.7% | £1,121pcm |
| June 2014 | 4.9% | £1,050pcm |
| June 2013 | 2.3% | £1,001pcm |
| June 2012 | 4% | £979pcm |
| June 2011 | 2.3% | £941pcm |
| June 2010 | 1.4% | £920pcm |
| June 2009 | -10.2% | £908pcm |
| June 2008 | 2.5% | £1,011pcm |
| June 2007 | 0% | £986pcm |
Sales History
The last recorded sale was on 20th July 2023 for £250,000 and since then the market in the area has decreased by 5.8%.
2, Drake Way, Reading, RG2 0GR has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jul 2023£250,000 | 2 Bed FlatFlat 2, 2, Drake Way, Reading, RG2 0GRFlat 2, 2, Drake Way, Reading, RG2 0GR
- Sold Jun 2020£240,000 | 2 Bed FlatFlat 2, 2, Drake Way, Reading, RG2 0GRFlat 2, 2, Drake Way, Reading, RG2 0GR
- Sold Feb 2018£240,000 | 2 Bed FlatFlat 1, 2, Drake Way, Reading, RG2 0GRFlat 1, 2, Drake Way, Reading, RG2 0GR
Property Types
- 4 modern flats built after 1980
- modern flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
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 2, 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
