Housing Market Analysis for DRAKE WAY, RG2 0GQ

Are you looking to understand RG2 0GQ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reading postcode.

For the location information and nearby amenities in the RG2 0GQ area, explore the RG2 0GQ Area information page.
For comprehensive crime statistics in the RG2 0GQ area, explore the RG2 0GQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG2 0GQ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £141,259 median price is £100,000 Standard Deviation is £66,632 with Total Sold: 29
    • The Last 5 Year average price is £173,091 with Total Sold: 11
    • The most recent sale happened at this postcode is FLAT 18, LUNDY HOUSE DRAKE WAY: £180,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is FLAT 6, LUNDY HOUSE DRAKE WAY: £240,000 (Sold on 07 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average RG2 0GQ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£128,000 £2,684 2
2023£250,000 £4,386 1
2021£195,000 £4,239 1
2020£136,000 £2,572 3
2019£185,000 £3,239 3
2018£167,400 £3,324 3
2017£99,660 £1,984 5
2016£171,000 £2,948 2
2015£82,000 £1,674 1
2014£114,500 £2,838 2
2012£129,000 £2,745 1
2011£171,000 £2,962 1
2010£56,000 £1,143 1
2007£91,500 £1,765 2
2024£240,0001

All the Sales in the DRAKE WAY, RG2 0GQ

See the table below for more details on the sold house prices in the RG2 0GQ, Reading postcode.

AddressSold DatePrice% Change
FLAT 18, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-200628 Oct 2022£180,000First Sale
FLAT 10, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 2007-201131 Mar 2023£250,000First Sale
FLAT 27, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 2007 onwards18 Mar 2022£76,000-15.56%
23 Jun 2017£90,000First Sale
FLAT 29, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-200622 Oct 2021£195,000123.62%
17 Aug 2018£87,200-6.03%
02 Feb 2017£92,800First Sale
FLAT 30, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 2007 onwards28 Oct 2020£100,000First Sale
FLAT 21, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 48.99 Sq.mtrAge: 2007 onwards06 Oct 2020£76,000-7.32%
18 Nov 2015£82,00046.43%
21 May 2010£56,000First Sale
FLAT 8, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 58.13 Sq.mtrAge: 2007 onwards14 Jul 2020£232,00040.61%
08 Aug 2014£165,000First Sale
FLAT 25, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-200601 Nov 2019£240,000166.67%
08 Mar 2007£90,000First Sale
FLAT 5, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2007 onwards19 Jul 2019£90,000First Sale
FLAT 12, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 55.87 Sq.mtrAge: 2003-200625 Apr 2019£225,000First Sale
FLAT 6, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 56 Sq.mtrAge: 1996-200214 Sep 2018£220,000-8.33%
07 May 2024£240,000First Sale
FLAT 32, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 2007-201103 May 2018£195,00051.16%
05 Apr 2012£129,00038.71%
14 Sep 2007£93,000First Sale
FLAT 35, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 2007 onwards10 Nov 2017£115,500First Sale
FLAT 9, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards01 Nov 2017£100,000First Sale
FLAT 20, LUNDY HOUSE DRAKE WAYFlat, Leasehold01 Sep 2017£100,00056.25%
05 Nov 2014£64,000First Sale
FLAT 11, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-200625 Nov 2016£268,000First Sale
FLAT 3, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2007 onwards19 Feb 2016£74,000First Sale
FLAT 7, LUNDY HOUSE DRAKE WAYFlat, LeaseholdArea: 57.73 Sq.mtrAge: 2007 onwards30 Sep 2011£171,000First Sale

Check out the sold house prices near the RG2 0GQ postcode. Properties currently for saleProperties currently for rent

DRAKE WAY, RG2 0GQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG2 0GQ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RG2 0GQ postcode.

  • Flat
    • The average price is around £209,947 median price is £202,500 Standard Deviation is £63,808 with Total Sold: 1,225
    • The Last 5 Year average price is £227,423 with Total Sold: 180
    • The most recent sale happened at this postcode is FLAT 3, PEREGRINE HOUSE BEDWYN MEWS: £222,500 (Sold on 24 Jul 2024)
    • The first recorded sale happened at this postcode is , 407A BASINGSTOKE ROAD: £31,000 (Sold on 19 Nov 1997)
  • Semi-Detached
    • The average price is around £250,740 median price is £249,500 Standard Deviation is £106,995 with Total Sold: 183
    • The Last 5 Year average price is £394,696 with Total Sold: 19
    • The most recent sale happened at this postcode is , 11 GWEAL AVENUE: £431,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 375 BASINGSTOKE ROAD: £55,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £307,399 median price is £297,475 Standard Deviation is £96,499 with Total Sold: 366
    • The Last 5 Year average price is £386,302 with Total Sold: 76
    • The most recent sale happened at this postcode is , 422 BASINGSTOKE ROAD: £372,500 (Sold on 26 Jun 2024)
    • The first recorded sale happened at this postcode is , 323 BASINGSTOKE ROAD: £72,950 (Sold on 15 Jan 1996)
  • Detached
    • The average price is around £341,132 median price is £290,000 Standard Deviation is £169,818 with Total Sold: 19
    • The Last 5 Year average price is £521,714 with Total Sold: 7
    • The most recent sale happened at this postcode is , 9 ALEXANDER WALK: £480,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is 2, TRANSCENTRAL BENNET ROAD: £56,000 (Sold on 12 Oct 1998)
  • Other
    • The average price is around £7,077,998 median price is £1,032,000 Standard Deviation is £14,543,175 with Total Sold: 34
    • The Last 5 Year average price is £5,209,000 with Total Sold: 17
    • The most recent sale happened at this postcode is FLAT 129, HERON HOUSE RUSHLEY WAY: £180,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 222, HERON HOUSE RUSHLEY WAY: £148,000 (Sold on 20 Jul 2012)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£241,250 £5,070 18
2023£239,788 £6,213 33
2022£206,095 £3,992 37
2021£227,373 £4,149 32
2020£218,488 £4,062 21
2019£235,665 £4,398 39
2018£266,458 £5,065 129
2017£258,691 £5,142 229
2016£217,755 £4,231 126
2015£206,706 £3,847 115
2014£167,343 £3,576 36
2013£164,865 £3,463 60
2012£153,516 £3,462 35
2011£155,485 £3,104 92
2010£143,630 £2,796 15
2009£171,906 £2,953 17
2008£164,330 £3,490 111
2007£161,693 £3,778 59
2006£151,399 £2,309 19
2004£68,2001
1997£31,000 £596 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£431,0001
2023£435,000 £4,768 5
2022£394,054 £5,228 4
2021£372,500 £4,550 4
2020£392,500 £3,887 2
2019£347,333 £3,951 3
2018£377,238 £3,986 16
2017£410,500 £3,511 2
2016£354,536 £3,703 14
2015£331,100 £3,574 6
2014£263,779 £2,988 7
2013£272,390 £3,013 21
2012£247,040 £2,538 10
2011£207,000 £2,517 3
2010£206,895 £2,267 10
2009£204,930 £2,219 6
2008£222,750 £1,600 2
2007£222,714 £2,737 14
2006£241,400 £2,830 5
2005£182,143 £2,509 7
2004£139,429 £1,463 7
2003£170,250 £1,906 4
2002£156,500 £2,311 4
2001£117,564 £1,503 7
2000£137,000 £1,930 1
1999£92,738 £1,106 4
1998£81,1884
1997£69,300 £807 5
1996£56,000 £400 2
1995£60,0003
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£376,750 £4,530 6
2023£428,308 £4,449 13
2022£376,486 £4,186 11
2021£358,506 £3,930 17
2020£365,111 £3,594 9
2019£400,425 £3,846 20
2018£408,036 £3,722 40
2017£312,194 £3,293 33
2016£348,086 £3,642 45
2015£295,833 £3,653 12
2014£277,925 £3,309 8
2013£258,310 £2,945 24
2012£238,078 £3,027 30
2011£210,000 £2,348 4
2010£210,371 £2,248 12
2009£234,962 £2,394 29
2008£276,833 £2,720 18
2007£250,553 £2,922 9
2006£216,858 £3,032 15
2004£141,667 £1,990 3
2002£101,950 £1,789 1
2001£105,0001
2000£96,000 £1,627 1
1999£83,975 £1,087 2
1998£62,000 £899 1
1996£59,475 £744 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£535,000 £4,280 1
2022£511,750 £5,548 4
2019£590,000 £1,916 1
2011£270,000 £2,160 1
2010£188,750 £2,310 2
2008£311,000 £2,423 2
2007£550,000 £1,786 1
2006£242,000 £2,714 2
2001£172,5001
1999£148,750 £1,240 2
1998£56,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£180,000 £5,109 1
2022£2,934,000 £4,412 5
2021£2,123,3333
2020£3,958,800 £3,858 5
2019£15,846,333 £4,298 3
2018£1,307,6334
2017£14,963,5296
2016£2,153,3333
2015£7,000,0001
2014£21,739,6082
2012£148,000 £3,700 1

House Type in RG2 0GQ area

The most common house types in the RG2 0GQ postcode area are Flat (116), Semi-detached (2), and Detached (1).

Total120
Flat116
Semi-detached2
Detached1
Terraced1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (73), and Owned: Owns with a mortgage or loan (20).

Private rented: Private landlord or letting agency73
Owned: Owns with a mortgage or loan20
Shared ownership: Shared ownership17
Owned: Owns outright6
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the RG2 0GQ have 1 person in household (65), and 2 people in household (32).

1 person in household65
2 people in household32
3 people in household17
4 people in household5
7 people in household1
0 people in household0
5 people in household0
6 people in household0
8 or more people in household0