50, Oakey Drive
50, Oakey Drive
Description & Estimates
According to the public record, 50, Oakey Drive, Wokingham is a modern apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 50, Oakey Drive, Wokingham is £244,634 and the estimated rental value is £1,236 per month.
Oakey Drive, Wokingham, RG40 is located within the RG40 postal district.
Our Data Sources
50, Oakey Drive, Wokingham has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 50, Oakey Drive, Wokingham is in very good condition we estimate a sale value of £256,865 and a rental value of £1,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,509 and a rental value of £1,149 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 50, Oakey Drive, Wokingham has moved down by £5,598 (2.3%), while its estimated rental value has increased by £16 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
50, Oakey Drive, Wokingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Oakey Drive, Wokingham within a radius of 570 metres over the last 2 years.
The most recent example is 34, Oakey Drive, Wokingham, RG40 2DT, a leasehold flat which sold for £235,000 on the 1st March 2024.
Read more about house prices in RG40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oakey Drive, Wokingham, RG40 has a total of 77 addresses. According to our analysis of all the public data, 50, Oakey Drive, Wokingham is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £328k less expensive than the average property in RG40.
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Schools Nearby
- 800mSt Teresa's Catholic Academy
- 900mWalter Infant School
- 900mWescott Infant School
- 1.1kmThe Holt School
- 1.3kmSt Crispin's School
- 1.9kmThe Emmbrook School
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Public Transport Nearby
The closest station to 50, Oakey Drive, Wokingham is Wokingham station, which is 600 metres away.
- 600mWokingham
- 3.7kmWinnersh
- 4.6kmCrowthorne
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
