Thorney House, Drake Way - RG2 0GZ
Key Building Insights
Thorney House, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 56 addresses.
It ranks as the 464th largest and 130th 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 56 properties: 56 flats.
- Ave. Sale Price
- £188,654
- 10 Year change
- down 8.8%
- Ave. Rental Price
- £1,182pcm
- 10 Year change
- up 22.7%
- Ave. £ per ft²
- £336/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Building Insights
Thorney House, Drake Way is a residential building situated on Drake Way, Reading, RG2 with 56 addresses.
It ranks as the 464th largest and 130th 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 56 properties: 56 flats.
- Ave. Sale Price
- £188,654
- 10 Year change
- down 8.8%
- Ave. Rental Price
- £1,182pcm
- 10 Year change
- up 22.7%
- Ave. £ per ft²
- £336/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertieson Drake Way, Reading, RG2
- Flat 1 Thorney House
Unknown
- Flat 2 Thorney House
2 Bed Modern Flat
- Flat 3 Thorney House
2 Bed Modern Flat
- Flat 4 Thorney House
2 Bed Modern Flat
- Flat 5 Thorney House
2 Bed Modern Flat
Sales Market Trends
The last sale in Thorney House, Drake Way sold for £215,000 on 19th July 2024. Since then prices are down an average of 8.3%.
The current average value in the building is £188,654.
The Thorney House, Drake Way Sales Market has decreased by 8.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £188,654 |
| June 2025 | -2.8% | £197,477 |
| June 2024 | 0.6% | £203,069 |
| June 2023 | -0.6% | £201,815 |
| June 2022 | 3.9% | £203,097 |
| June 2021 | -0.6% | £195,549 |
| June 2020 | -0.2% | £196,681 |
| June 2019 | -1.7% | £197,060 |
| June 2018 | -2.7% | £200,486 |
| June 2017 | -0.4% | £205,982 |
| June 2016 | 13.8% | £206,861 |
| June 2015 | 11.9% | £181,742 |
| June 2014 | 11.6% | £162,394 |
| June 2013 | 4.7% | £145,535 |
| June 2012 | 1.5% | £139,025 |
| June 2011 | -2.8% | £136,903 |
| June 2010 | 6.3% | £140,800 |
| June 2009 | -12.7% | £132,442 |
| June 2008 | -2.8% | £151,760 |
| June 2007 | 0% | £156,152 |
Rental Market Trends
The current average rental value in the building is £1,182.
The Thorney House, Drake Way Rental Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £1,182pcm |
| June 2025 | -0.2% | £1,165pcm |
| June 2024 | 6.2% | £1,167pcm |
| June 2023 | 10.7% | £1,099pcm |
| June 2022 | 6.5% | £993pcm |
| June 2021 | 0.4% | £932pcm |
| June 2020 | -0.3% | £928pcm |
| June 2019 | 1.3% | £930pcm |
| June 2018 | -1.9% | £918pcm |
| June 2017 | -2.9% | £935pcm |
| June 2016 | 3.4% | £963pcm |
| June 2015 | 6% | £932pcm |
| June 2014 | 4.3% | £879pcm |
| June 2013 | 3.3% | £843pcm |
| June 2012 | 3.8% | £816pcm |
| June 2011 | 2.6% | £786pcm |
| June 2010 | 1.5% | £766pcm |
| June 2009 | -9.9% | £754pcm |
| June 2008 | 2.1% | £837pcm |
| June 2007 | 0% | £820pcm |
Sales History
The last sale was on 19th July 2024 for £215,000 and since then the market in the area has decreased by 8.3%. The building has had a total of 70 sales since 1995.
Thorney House, Drake Way, Reading, RG2 0GZ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£215,000 | 2 Bed FlatFlat 54, Thorney House, Drake Way, Reading, RG2 0GZFlat 54, Thorney House, Drake Way, Reading, RG2 0GZ
- Sold Jul 2024£167,500 | 2 Bed FlatFlat 53, Thorney House, Drake Way, Reading, RG2 0GZFlat 53, Thorney House, Drake Way, Reading, RG2 0GZ
- Sold Feb 2024£98,000 | 2 Bed FlatFlat 41, Thorney House, Drake Way, Reading, RG2 0GZFlat 41, Thorney House, Drake Way, Reading, RG2 0GZ
- Sold Nov 2022£72,000 | 2 Bed FlatFlat 20, Thorney House, Drake Way, Reading, RG2 0GZFlat 20, Thorney House, Drake Way, Reading, RG2 0GZ
- Sold Aug 2022£85,000 | 1 Bed FlatFlat 30, Thorney House, Drake Way, Reading, RG2 0GZFlat 30, Thorney House, Drake Way, Reading, RG2 0GZ
Property Types
- 52 modern flats built after 1980
- 1 flat of an unknown age
- 3 other addresses of unknown type
- modern flat (52)
- flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 52 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (20)
- F (0)
- C (32)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
Schools Nearby
- Whitley Park Primary and Nursery School700 m away
- The Palmer Primary Academy1.4 km away
- Christ The King Catholic Primary School1.4 km away
- Hartland High School1.1 km away
- Reading Girls' School1.2 km away
- The WREN School2.5 km away
More reading links
Public Transport Nearby
The closest station to Thorney House, Drake Way, Reading, RG2 0GZ is Reading Green Park station, which is 1.6 kilometres away.
- Reading Green Park|1.6 km away
- Reading West|3.0 km away
- Reading|3.1 km away
- Earley|4.2 km away
