37, Drake Way - RG2 0WR
Key Building Insights
37, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 9 addresses.
It ranks as the 342nd largest and 287th 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 9 properties: 9 flats.
- Ave. Sale Price
- £235,832
- 10 Year change
- down 9.0%
- Ave. Rental Price
- £1,352pcm
- 10 Year change
- up 22.1%
- Ave. £ per ft²
- £461/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Building Insights
37, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 9 addresses.
It ranks as the 342nd largest and 287th 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 9 properties: 9 flats.
- Ave. Sale Price
- £235,832
- 10 Year change
- down 9.0%
- Ave. Rental Price
- £1,352pcm
- 10 Year change
- up 22.1%
- Ave. £ per ft²
- £461/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Properties on Drake Way, Reading, RG2
- Flat 1, 37 Drake Way
2 Bed Modern Flat
- Flat 2, 37 Drake Way
2 Bed Modern Flat
- Flat 3, 37 Drake Way
2 Bed Modern Flat
- Flat 4, 37 Drake Way
2 Bed Modern Flat
- Flat 5, 37 Drake Way
2 Bed Modern Flat
Sales Market Trends
The last sale in 37, Drake Way sold for £203,000 on 28th November 2017. Since then prices are down an average of 8.5%.
The current average value in the building is £235,832.
The 37, Drake Way Sales Market has decreased by 9.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £235,832 |
| June 2025 | -2.7% | £245,975 |
| June 2024 | 0.8% | £252,864 |
| June 2023 | -0.7% | £250,887 |
| June 2022 | 3.2% | £252,599 |
| June 2021 | -0.6% | £244,758 |
| June 2020 | -0.3% | £246,131 |
| June 2019 | -2.2% | £246,938 |
| June 2018 | -2.6% | £252,555 |
| June 2017 | 0.1% | £259,198 |
| June 2016 | 14% | £259,019 |
| June 2015 | 12.4% | £227,224 |
| June 2014 | 11.9% | £202,119 |
| June 2013 | 4.1% | £180,698 |
| June 2012 | 1.6% | £173,500 |
| June 2011 | -3.5% | £170,740 |
| June 2010 | 5.9% | £177,013 |
| June 2009 | -12.5% | £167,141 |
| June 2008 | -2.6% | £190,967 |
| June 2007 | 0% | £196,030 |
Rental Market Trends
The current average rental value in the building is £1,352.
The 37, Drake Way Rental Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,352pcm |
| June 2025 | 0.4% | £1,326pcm |
| June 2024 | 5.5% | £1,320pcm |
| June 2023 | 10.4% | £1,251pcm |
| June 2022 | 6.4% | £1,133pcm |
| June 2021 | 0.9% | £1,065pcm |
| June 2020 | -0.5% | £1,056pcm |
| June 2019 | 0.6% | £1,061pcm |
| June 2018 | -1.7% | £1,055pcm |
| June 2017 | -3.1% | £1,073pcm |
| June 2016 | 4.3% | £1,107pcm |
| June 2015 | 6.2% | £1,062pcm |
| June 2014 | 4.8% | £1,000pcm |
| June 2013 | 2.4% | £954pcm |
| June 2012 | 4% | £931pcm |
| June 2011 | 2.3% | £895pcm |
| June 2010 | 1.4% | £875pcm |
| June 2009 | -10.1% | £863pcm |
| June 2008 | 2.5% | £960pcm |
| June 2007 | 0% | £937pcm |
Sales History
The last recorded sale was on 28th November 2017 for £203,000 and since then the market in the area has decreased by 8.5%.
37, Drake Way, Reading, RG2 0WR has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2017£203,000 | 2 Bed FlatFlat 1, 37, Drake Way, Reading, RG2 0WRFlat 1, 37, Drake Way, Reading, RG2 0WR
- Sold May 2017£285,000 | 2 Bed FlatFlat 2, 37, Drake Way, Reading, RG2 0WRFlat 2, 37, Drake Way, Reading, RG2 0WR
- Sold Aug 2015£224,000 | 1 Bed FlatFlat 7, 37, Drake Way, Reading, RG2 0WRFlat 7, 37, Drake Way, Reading, RG2 0WR
Property Types
- 9 modern flats built after 1980
- modern flat (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (7)
- 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 Academy1.1 km away
- New Christ Church Church of England Primary School1.4 km away
- Reading Girls' School1.1 km away
- Hartland High School1.3 km away
- Kendrick School2.2 km away
More reading links
Public Transport Nearby
The closest station to 37, Drake Way, Reading, RG2 0WR is Reading Green Park station, which is 1.7 kilometres away.
- Reading Green Park|1.7 km away
- Reading West|2.7 km away
- Reading|2.9 km away
- Earley|4.1 km away
