Key Street Insights
Drake Way is a residential street with 338 addresses.
It ranks as the 509th largest and 31st most expensive of the 512 streets in the RG2 area. The most common property type is a modern flat built after 1980.
The street contains a total of 338 properties: 15 houses and 323 flats.
- Ave. Sale Price
- £224,719
- 10 Year change
- down 5.0%
- Ave. Rental Price
- £1,353pcm
- 10 Year change
- up 27.5%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Street Insights
Drake Way is a residential street with 338 addresses.
It ranks as the 509th largest and 31st most expensive of the 512 streets in the RG2 area. The most common property type is a modern flat built after 1980.
The street contains a total of 338 properties: 15 houses and 323 flats.
- Ave. Sale Price
- £224,719
- 10 Year change
- down 5.0%
- Ave. Rental Price
- £1,353pcm
- 10 Year change
- up 27.5%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Properties on Drake Way, Reading, RG2
- Cygnet House
Modern Building | 73 Units
- Lundy House
Modern Building | 34 Units
- Nightingale House
Modern Building | 33 Units
- Skylark House
Modern Building | 95 Units
- Thorney House
Modern Building | 56 Units
Sales Market Trends
The last sale on Drake Way sold for £260,000 on 30th April 2026. Since then prices are down an average of 1.4%.
The current average value in the street is £224,719.
The Drake Way Sales Market has decreased by 5.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £224,719 |
| June 2025 | -2.2% | £234,209 |
| June 2024 | 0.7% | £239,370 |
| June 2023 | -0.3% | £237,679 |
| June 2022 | 4.6% | £238,472 |
| June 2021 | 0.4% | £228,051 |
| June 2020 | -0.3% | £227,131 |
| June 2019 | -1.9% | £227,851 |
| June 2018 | -2.2% | £232,366 |
| June 2017 | 0.4% | £237,566 |
| June 2016 | 13.7% | £236,647 |
| June 2015 | 12.4% | £208,056 |
| June 2014 | 12.2% | £185,141 |
| June 2013 | 4.2% | £165,079 |
| June 2012 | 1.5% | £158,396 |
| June 2011 | -3% | £156,084 |
| June 2010 | 7.1% | £160,836 |
| June 2009 | -12.1% | £150,162 |
| June 2008 | -2.8% | £170,794 |
| June 2007 | 0% | £175,722 |
Rental Market Trends
The current average rental value in the street is £1,353.
The Drake Way Rental Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,353pcm |
| June 2025 | 0.8% | £1,326pcm |
| June 2024 | 5.7% | £1,315pcm |
| June 2023 | 10.9% | £1,244pcm |
| June 2022 | 7.7% | £1,122pcm |
| June 2021 | 1.7% | £1,042pcm |
| June 2020 | -0.4% | £1,025pcm |
| June 2019 | 0.9% | £1,029pcm |
| June 2018 | -1.3% | £1,020pcm |
| June 2017 | -2.6% | £1,034pcm |
| June 2016 | 3.8% | £1,061pcm |
| June 2015 | 6.2% | £1,022pcm |
| June 2014 | 5% | £962pcm |
| June 2013 | 2.6% | £916pcm |
| June 2012 | 3.9% | £893pcm |
| June 2011 | 2.8% | £860pcm |
| June 2010 | 2.5% | £836pcm |
| June 2009 | -9.6% | £816pcm |
| June 2008 | 2.2% | £903pcm |
| June 2007 | 0% | £883pcm |
Sales History
The last recorded sale was on 30th April 2026 for £260,000 and since then the market in the area has decreased by 1.4%.
Drake Way, Reading, RG2 has had 3 sales since 1995, 3 of them in the last twelve months.
- Sold Apr 2026£260,000 | 2 Bed FlatFlat 113, Cygnet House, Drake Way, Reading, RG2 0NXFlat 113, Cygnet House, Drake Way, Reading, RG2 0NX
- Sold Apr 2026£277,400 | 2 Bed FlatFlat 106, Nightingale House, Drake Way, Reading, RG2 0PDFlat 106, Nightingale House, Drake Way, Reading, RG2 0PD
- Sold Mar 2026£177,000 | 2 Bed FlatFlat 7, 1, Drake Way, Reading, RG2 0GRFlat 7, 1, Drake Way, Reading, RG2 0GR
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
Nearby Streets
Drake Way, Reading, RG2 is the 509th largest and the 31st most expensive street in the RG2 area.
- Lindisfarne Way, Reading, RG217 Addresses|105 m away
- Midgham Way, Reading, RG223 Addresses|125 m away
- Puffin Way, Reading, RG244 Addresses|127 m away
- Bedwyn Mews, Reading, RG2120 Addresses|140 m away
- Whale Avenue, Reading, RG275 Addresses|143 m away
- Greenham Avenue, Reading, RG254 Addresses|187 m away
Sections of this street
There are 7 postcodes on Drake Way, Reading, RG2.
- House prices in RG2 0NX73 Addresses
- House prices in RG2 0GQ34 Addresses
- House prices in RG2 0PD33 Addresses
- House prices in RG2 0GZ56 Addresses
- House prices in RG2 0WR28 Addresses
- House prices in RG2 0PA95 Addresses
Property Types
- 15 modern houses built after 1980
- 323 modern flats built after 1980
- modern house (15)
- modern flat (323)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 324 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (126)
- F (0)
- C (191)
- G (0)
- D (7)
- No EPC (14)
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 Drake Way, Reading, RG2 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
