Drake Way - RG2 0GR
Key Postcode Insights
RG2 0GR is a residential postcode situated on Drake Way, Reading, RG2 with 19 addresses.
It ranks as the 525th largest and 139th most expensive of the 967 postcodes in the RG2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 19 properties: 5 houses and 14 flats.
- Ave. Sale Price
- £242,279
- 10 Year change
- down 0.1%
- Ave. Rental Price
- £1,426pcm
- 10 Year change
- up 34.0%
- Ave. £ per ft²
- £359/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
RG2 0GR is a residential postcode situated on Drake Way, Reading, RG2 with 19 addresses.
It ranks as the 525th largest and 139th most expensive of the 967 postcodes in the RG2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 19 properties: 5 houses and 14 flats.
- Ave. Sale Price
- £242,279
- 10 Year change
- down 0.1%
- Ave. Rental Price
- £1,426pcm
- 10 Year change
- up 34.0%
- Ave. £ per ft²
- £359/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Properties in RG2 0GR
- 1 Drake Way
Modern Building | 7 Units
- 2 Drake Way
Building | 4 Flats
- 3 Drake Way
3 Bed Modern House
- 4 Drake Way
Building | 3 Flats
- 5 Drake Way
3 Bed Modern House
Sales Market Trends
The last sale in RG2 0GR sold for £177,000 on 31st March 2026. Since then prices are down an average of 1.5%.
The current average value in the postcode is £242,279.
The RG2 0GR Sales Market has decreased by 0.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £242,279 |
| June 2025 | -1.5% | £251,801 |
| June 2024 | 0.8% | £255,540 |
| June 2023 | 0.2% | £253,443 |
| June 2022 | 5.9% | £252,958 |
| June 2021 | 1.6% | £238,820 |
| June 2020 | -0.5% | £235,061 |
| June 2019 | -2% | £236,143 |
| June 2018 | -1.6% | £240,914 |
| June 2017 | 1% | £244,901 |
| June 2016 | 13.9% | £242,579 |
| June 2015 | 13% | £212,980 |
| June 2014 | 12.9% | £188,525 |
| June 2013 | 4% | £167,018 |
| June 2012 | 1.5% | £160,605 |
| June 2011 | -2.9% | £158,187 |
| June 2010 | 8.3% | £162,943 |
| June 2009 | -11.5% | £150,514 |
| June 2008 | -3% | £170,121 |
| June 2007 | 0% | £175,348 |
Rental Market Trends
The current average rental value in the postcode is £1,426.
The RG2 0GR Rental Market has increased by 34.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,426pcm |
| June 2025 | 1.7% | £1,393pcm |
| June 2024 | 5.6% | £1,369pcm |
| June 2023 | 11.4% | £1,297pcm |
| June 2022 | 9.2% | £1,165pcm |
| June 2021 | 3.1% | £1,066pcm |
| June 2020 | -0.6% | £1,035pcm |
| June 2019 | 0.8% | £1,041pcm |
| June 2018 | -0.7% | £1,033pcm |
| June 2017 | -2.2% | £1,040pcm |
| June 2016 | 4.2% | £1,064pcm |
| June 2015 | 6.7% | £1,022pcm |
| June 2014 | 5.8% | £957pcm |
| June 2013 | 2.2% | £905pcm |
| June 2012 | 3.9% | £885pcm |
| June 2011 | 3% | £851pcm |
| June 2010 | 3.7% | £827pcm |
| June 2009 | -9.2% | £797pcm |
| June 2008 | 2.1% | £878pcm |
| June 2007 | 0% | £860pcm |
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 1.5%.
RG2 0GR has had 3 sales since 1995, with 3 in the last three years and 2 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 Jul 2023£250,000 | 2 Bed FlatFlat 2, 2, Drake Way, Reading, RG2 0GRFlat 2, 2, Drake Way, Reading, RG2 0GR
Nearby Postcodes
RG2 0GR is the 525th largest and the 139th most expensive postcode out of the 967 postcodes in the RG2 area.
- RG2 0GS, Lindisfarne Way, Reading, RG2RG2 0GS17 Addresses|26 m away
- RG2 0GY, Whale Avenue, Reading, RG2RG2 0GY18 Addresses|50 m away
- RG2 0GQ, Drake Way, Reading, RG2RG2 0GQ34 Addresses|76 m away
- RG2 0GX, Whale Avenue, Reading, RG2RG2 0GX57 Addresses|97 m away
- RG2 0NX, Drake Way, Reading, RG2RG2 0NX73 Addresses|109 m away
Property Types
- 5 modern houses built after 1980
- 14 modern flats built after 1980
- modern house (5)
- modern flat (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (14)
- G (0)
- D (0)
- No EPC (2)
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 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
