Drake Way - RG2 0WR
Key Postcode Insights
RG2 0WR is a residential postcode situated on Drake Way, Reading, RG2 with 28 addresses.
It ranks as the 692nd largest and 165th 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 28 properties: 10 houses and 18 flats.
- Ave. Sale Price
- £305,313
- 10 Year change
- down 2.5%
- Ave. Rental Price
- £1,625pcm
- 10 Year change
- up 30.8%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
RG2 0WR is a residential postcode situated on Drake Way, Reading, RG2 with 28 addresses.
It ranks as the 692nd largest and 165th 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 28 properties: 10 houses and 18 flats.
- Ave. Sale Price
- £305,313
- 10 Year change
- down 2.5%
- Ave. Rental Price
- £1,625pcm
- 10 Year change
- up 30.8%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin RG2 0WR
- 15 Drake Way
4 Bed Modern House
- 17 Drake Way
4 Bed Modern House
- 19 Drake Way
4 Bed Modern House
- 21 Drake Way
4 Bed Modern House
- 23 Drake Way
4 Bed Modern House
Sales Market Trends
The last sale in RG2 0WR sold for £137,000 on 7th May 2025. Since then prices are down an average of 4.6%.
The current average value in the postcode is £305,313.
The RG2 0WR Sales Market has decreased by 2.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £305,313 |
| June 2025 | -1.9% | £318,072 |
| June 2024 | 0.6% | £324,204 |
| June 2023 | 0% | £322,128 |
| June 2022 | 5.1% | £322,262 |
| June 2021 | 1% | £306,753 |
| June 2020 | -0.3% | £303,681 |
| June 2019 | -1.9% | £304,556 |
| June 2018 | -1.7% | £310,376 |
| June 2017 | 0.9% | £315,892 |
| June 2016 | 13.4% | £313,062 |
| June 2015 | 12.4% | £275,980 |
| June 2014 | 12.3% | £245,633 |
| June 2013 | 4% | £218,779 |
| June 2012 | 1.6% | £210,398 |
| June 2011 | -2.9% | £207,100 |
| June 2010 | 7.9% | £213,177 |
| June 2009 | -11.5% | £197,568 |
| June 2008 | -2.8% | £223,365 |
| June 2007 | 0% | £229,905 |
Rental Market Trends
The current average rental value in the postcode is £1,625.
The RG2 0WR Rental Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,625pcm |
| June 2025 | 1.2% | £1,591pcm |
| June 2024 | 5.4% | £1,571pcm |
| June 2023 | 11.1% | £1,490pcm |
| June 2022 | 8.3% | £1,341pcm |
| June 2021 | 2.5% | £1,238pcm |
| June 2020 | -0.4% | £1,209pcm |
| June 2019 | 0.9% | £1,214pcm |
| June 2018 | -0.9% | £1,203pcm |
| June 2017 | -2.3% | £1,213pcm |
| June 2016 | 3.7% | £1,242pcm |
| June 2015 | 6.1% | £1,197pcm |
| June 2014 | 5.2% | £1,128pcm |
| June 2013 | 2.2% | £1,071pcm |
| June 2012 | 4% | £1,048pcm |
| June 2011 | 3.1% | £1,008pcm |
| June 2010 | 3.3% | £978pcm |
| June 2009 | -9.2% | £946pcm |
| June 2008 | 2.2% | £1,042pcm |
| June 2007 | 0% | £1,019pcm |
Sales History
The last sale was on 7th May 2025 for £137,000 and since then the market in the area has decreased by 4.6%. The postcode has had a total of 40 sales since 1995.
RG2 0WR has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£137,000 | 2 Bed FlatFlat 4, 27, Drake Way, Reading, RG2 0WRFlat 4, 27, Drake Way, Reading, RG2 0WR
- Sold Mar 2025£470,000 | 4 Bed House31, Drake Way, Reading, RG2 0WR31, Drake Way, Reading, RG2 0WR
- Sold Nov 2023£470,000 | 4 Bed House21, Drake Way, Reading, RG2 0WR21, Drake Way, Reading, RG2 0WR
- Sold Sep 2022£260,000 | 2 Bed FlatFlat 2, 27, Drake Way, Reading, RG2 0WRFlat 2, 27, Drake Way, Reading, RG2 0WR
- Sold May 2022£435,000 | 4 Bed House31, Drake Way, Reading, RG2 0WR31, Drake Way, Reading, RG2 0WR
Nearby Postcodes
RG2 0WR is the 692nd largest and the 165th most expensive postcode out of the 967 postcodes in the RG2 area.
- RG2 0PD, Drake Way, Reading, RG2RG2 0PD33 Addresses|40 m away
- RG2 0NX, Drake Way, Reading, RG2RG2 0NX73 Addresses|47 m away
- RG2 0PA, Drake Way, Reading, RG2RG2 0PA95 Addresses|64 m away
- RG2 0WT, Padworth Avenue, Reading, RG2RG2 0WT25 Addresses|72 m away
- RG2 0PQ, Bedwyn Mews, Reading, RG2RG2 0PQ35 Addresses|74 m away
Property Types
- 10 modern houses built after 1980
- 18 modern flats built after 1980
- modern house (10)
- modern flat (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (11)
- F (0)
- C (17)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
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 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
