4, Drake Way - RG2 0GR
Key Building Insights
4, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 3 addresses.
It ranks as the 178th largest and 180th 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 3 properties: 2 flats and 1 other property.
- Ave. Sale Price
- £208,445
- 10 Year change
- down 9.5%
- Ave. Rental Price
- £1,302pcm
- 10 Year change
- up 21.4%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Building Insights
4, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 3 addresses.
It ranks as the 178th largest and 180th 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 3 properties: 2 flats and 1 other property.
- Ave. Sale Price
- £208,445
- 10 Year change
- down 9.5%
- Ave. Rental Price
- £1,302pcm
- 10 Year change
- up 21.4%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Properties on Drake Way, Reading, RG2
- Flat 1, 4 Drake Way
Modern Flat
- Flat 2, 4 Drake Way
2 Bed Modern Flat
- Flat 3, 4 Drake Way
2 Bed Modern Flat
Sales Market Trends
The last sale in 4, Drake Way sold for £225,000 on 15th February 2022. Since then prices are down an average of 6.5%.
The current average value in the building is £208,445.
The 4, Drake Way Sales Market has decreased by 9.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £208,445 |
| June 2025 | -2.9% | £217,316 |
| June 2024 | 1.2% | £223,746 |
| June 2023 | -1% | £221,166 |
| June 2022 | 3.3% | £223,497 |
| June 2021 | -0.4% | £216,261 |
| June 2020 | -0.6% | £217,198 |
| June 2019 | -2.3% | £218,475 |
| June 2018 | -2.6% | £223,696 |
| June 2017 | -0.3% | £229,706 |
| June 2016 | 13.8% | £230,302 |
| June 2015 | 12.9% | £202,332 |
| June 2014 | 11.9% | £179,188 |
| June 2013 | 4.1% | £160,099 |
| June 2012 | 1.6% | £153,843 |
| June 2011 | -3.6% | £151,491 |
| June 2010 | 5.9% | £157,136 |
| June 2009 | -12.5% | £148,407 |
| June 2008 | -2.6% | £169,598 |
| June 2007 | 0% | £174,045 |
Rental Market Trends
The current average rental value in the building is £1,302.
The 4, Drake Way Rental Market has increased by 21.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,302pcm |
| June 2025 | 0.2% | £1,275pcm |
| June 2024 | 5.9% | £1,272pcm |
| June 2023 | 10% | £1,201pcm |
| June 2022 | 6.6% | £1,092pcm |
| June 2021 | 1% | £1,025pcm |
| June 2020 | -0.7% | £1,015pcm |
| June 2019 | 0.4% | £1,022pcm |
| June 2018 | -1.7% | £1,017pcm |
| June 2017 | -3.4% | £1,035pcm |
| June 2016 | 4.1% | £1,072pcm |
| June 2015 | 6.7% | £1,030pcm |
| June 2014 | 4.9% | £965pcm |
| June 2013 | 2.3% | £920pcm |
| June 2012 | 4% | £899pcm |
| June 2011 | 2.3% | £865pcm |
| June 2010 | 1.4% | £846pcm |
| June 2009 | -10.2% | £834pcm |
| June 2008 | 2.5% | £929pcm |
| June 2007 | 0% | £906pcm |
Sales History
The last recorded sale was on 15th February 2022 for £225,000 and since then the market in the area has decreased by 6.5%.
4, Drake Way, Reading, RG2 0GR has had 3 sales since 1995, none of them in the last three years.
- Sold Feb 2022£225,000 | 2 Bed FlatFlat 3, 4, Drake Way, Reading, RG2 0GRFlat 3, 4, Drake Way, Reading, RG2 0GR
- Sold Oct 2018£225,000 | 2 Bed FlatFlat 3, 4, Drake Way, Reading, RG2 0GRFlat 3, 4, Drake Way, Reading, RG2 0GR
- Sold Dec 2009£143,000 | 2 Bed FlatFlat 3, 4, Drake Way, Reading, RG2 0GRFlat 3, 4, Drake Way, Reading, RG2 0GR
Property Types
- 2 modern flats built after 1980
- 1 other address of unknown type
- modern flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- 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 4, 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
