Housing Market Analysis for DRAKE WAY, RG2 0GR

Are you looking to understand RG2 0GR 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 0GR area, explore the RG2 0GR Area information page.
For comprehensive crime statistics in the RG2 0GR area, explore the RG2 0GR Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £174,119 median price is £167,500 Standard Deviation is £34,624 with Total Sold: 30
- The Last 5 Year average price is £224,400 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 7, 1 DRAKE WAY: £200,000 (Sold on 22 Sep 2022)
- The first recorded sale happened at this postcode is FLAT 2, 2 DRAKE WAY: £250,000 (Sold on 20 Jul 2023)
Terraced
- The average price is around £218,479 median price is £196,250 Standard Deviation is £39,803 with Total Sold: 6
- The Last 5 Year average price is £293,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 DRAKE WAY: £293,000 (Sold on 31 Jul 2020)
- The first recorded sale happened at this postcode is 7 DRAKE WAY: £192,500 (Sold on 29 Sep 2006)
Semi-Detached
- The average price is around £237,625 median price is £231,250 Standard Deviation is £36,117 with Total Sold: 4
- The most recent sale happened at this postcode is 3 DRAKE WAY: £293,000 (Sold on 28 Sep 2018)
- The first recorded sale happened at this postcode is 11 DRAKE WAY: £242,500 (Sold on 22 Sep 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average RG2 0GR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£212,500	£4,378	2
2020	£240,000	£3,636	1
2019	£207,000	£4,404	1
2018	£232,500	£4,217	2
2015	£205,000	£4,362	1
2014	£189,950	£3,275	1
2013	£135,000	£2,799	1
2012	£170,000	£2,617	2
2011	£134,000	£2,735	1
2010	£176,500	£2,917	1
2009	£150,250	£2,721	2
2007	£153,750		2
2006	£154,011		12
2023	£250,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£293,000	£4,127	1
2014	£250,000	£3,521	1
2013	£200,000	£2,985	1
2006	£189,292	£2,720	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£293,000	£4,266	1
2011	£220,000	£2,311	1
2007	£195,000	£2,826	1
2006	£242,500	£2,547	1

All the Sales in the DRAKE WAY, RG2 0GR

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

Address	Sold Date	Price	% Change
FLAT 7, 1 DRAKE WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 2003-2006	22 Sep 2022	£200,000	-3.38%
	05 Apr 2019	£207,000	0.98%
	22 May 2015	£205,000	43.86%
	05 Jan 2007	£142,500	First Sale
FLAT 3, 4 DRAKE WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-2006	15 Feb 2022	£225,000	0.0
	19 Oct 2018	£225,000	57.34%
	04 Dec 2009	£143,000	1.42%
	08 Dec 2006	£141,000	First Sale
9 DRAKE WAYTerraced, FreeholdArea: 71 Sq.mtrAge: 2003-2006	31 Jul 2020	£293,000	17.20%
	17 Oct 2014	£250,000	36.71%
	06 Oct 2006	£182,875	First Sale
FLAT 2, 2 DRAKE WAYFlat, LeaseholdArea: 66 Sq.mtrAge: 2007 onwards	29 Jun 2020	£240,000	45.45%
	20 Mar 2012	£165,000	0.30%
	11 Dec 2006	£164,500	-34.20%
	20 Jul 2023	£250,000	First Sale
3 DRAKE WAYSemi-Detached, FreeholdArea: 68.68 Sq.mtrAge: 2003-2006	28 Sep 2018	£293,000	50.26%
	05 Jan 2007	£195,000	First Sale
FLAT 1, 2 DRAKE WAYFlat, LeaseholdArea: 61.01 Sq.mtrAge: 2003-2006	21 Feb 2018	£240,000	52.38%
	25 Sep 2009	£157,500	-1.56%
	11 Dec 2006	£160,000	First Sale
FLAT 3, 2 DRAKE WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	15 Aug 2014	£189,950	13.40%
	11 Dec 2006	£167,500	First Sale
FLAT 5, 1 DRAKE WAYFlat, LeaseholdArea: 48.24 Sq.mtrAge: 2007 onwards	12 Sep 2013	£135,000	1.89%
	21 Dec 2006	£132,500	First Sale
7 DRAKE WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 2003-2006	05 Aug 2013	£200,000	3.90%
7 DRAKE WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 2003-2006	29 Sep 2006	£192,500	First Sale
FLAT 1, 1 DRAKE WAYFlat, LeaseholdArea: 64 Sq.mtrAge: 2003-2006	20 Aug 2012	£175,000	1.37%
	21 Dec 2006	£172,630	First Sale
FLAT 6, 1 DRAKE WAYFlat, LeaseholdArea: 49 Sq.mtrAge: 1996-2002	23 Sep 2011	£134,000	-3.25%
	15 Dec 2006	£138,500	First Sale
11 DRAKE WAYSemi-Detached, FreeholdArea: 95.21 Sq.mtrAge: 2003-2006	07 Jul 2011	£220,000	-9.28%
	22 Sep 2006	£242,500	First Sale
FLAT 4, 2 DRAKE WAYFlat, LeaseholdArea: 60.51 Sq.mtrAge: 2003-2006	19 Nov 2010	£176,500	5.37%
	13 Dec 2006	£167,500	First Sale
FLAT 2, 1 DRAKE WAYFlat, Leasehold	05 Jan 2007	£165,000	First Sale
FLAT 4, 1 DRAKE WAYFlat, Leasehold	21 Dec 2006	£167,500	First Sale
FLAT 3, 1 DRAKE WAYFlat, Leasehold	21 Dec 2006	£169,000	First Sale
FLAT 2, 4 DRAKE WAYFlat, Leasehold	13 Dec 2006	£137,500	First Sale
FLAT 1, 4 DRAKE WAYFlat, Leasehold	13 Dec 2006	£130,000	First Sale
5 DRAKE WAYTerraced, FreeholdArea: 71 Sq.mtrAge: 2003-2006	24 Oct 2006	£192,500	First Sale

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

DRAKE WAY, RG2 0GR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG2 0GR 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 0GR postcode.

Flat
- The average price is around £210,634 median price is £203,500 Standard Deviation is £63,270 with Total Sold: 1,218
- 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 FLAT 3, 4 DRAKE WAY: £141,000 (Sold on 08 Dec 2006)
Semi-Detached
- The average price is around £307,529 median price is £291,000 Standard Deviation is £80,620 with Total Sold: 102
- The Last 5 Year average price is £398,462 with Total Sold: 13
- 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 , 9 MANOR FARM ROAD: £67,000 (Sold on 17 Aug 2001)
Terraced
- The average price is around £315,359 median price is £302,500 Standard Deviation is £91,344 with Total Sold: 343
- The Last 5 Year average price is £391,161 with Total Sold: 71
- 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 , 426 BASINGSTOKE ROAD: £80,000 (Sold on 11 Jun 1999)
Detached
- The average price is around £368,900 median price is £406,000 Standard Deviation is £155,452 with Total Sold: 10
- The Last 5 Year average price is £505,400 with Total Sold: 5
- 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 £7,508,810 median price is £1,236,000 Standard Deviation is £14,885,114 with Total Sold: 32
- The Last 5 Year average price is £5,878,867 with Total Sold: 15
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£267,172	£5,079	128
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	£176,778	£3,054	16
2008	£164,983	£3,490	110
2007	£163,059	£3,820	58
2006	£154,813	£2,893	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£431,000		1
2023	£431,667	£5,399	3
2022	£397,500	£4,834	2
2021	£380,000	£4,661	3
2020	£392,500	£3,887	2
2019	£367,000	£4,049	2
2018	£386,486	£4,038	14
2017	£410,500	£3,511	2
2016	£366,682	£3,631	11
2015	£341,875	£3,449	4
2014	£275,300	£2,939	5
2013	£274,760	£3,022	20
2012	£277,900	£2,738	6
2011	£220,000	£2,311	1
2010	£217,244	£2,302	8
2009	£241,790	£2,568	2
2008	£237,500		1
2007	£235,555	£2,868	9
2006	£242,500	£2,679	4
2003	£180,000		1
2001	£67,000	£807	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£376,750	£4,530	6
2023	£436,500	£4,454	12
2022	£376,486	£4,186	11
2021	£367,873	£3,985	15
2020	£367,000	£3,721	8
2019	£404,132	£3,803	19
2018	£408,036	£3,722	40
2017	£313,794	£3,257	32
2016	£348,951	£3,626	44
2015	£299,091	£3,652	11
2014	£277,925	£3,309	8
2013	£258,310	£2,945	24
2012	£247,049	£2,980	27
2011	£210,000	£2,348	4
2010	£212,445	£2,226	10
2009	£234,962	£2,394	29
2008	£276,833	£2,720	18
2007	£250,553	£2,922	9
2006	£221,027	£3,094	14
2001	£105,000		1
1999	£80,000	£899	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£480,000		1
2022	£511,750	£5,548	4
2008	£311,000	£2,423	2
2006	£242,000	£2,714	2
1998	£56,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£180,000	£5,109	1
2022	£3,587,500	£4,412	4
2021	£3,160,000		2
2020	£3,958,800	£3,858	5
2019	£15,846,333	£4,298	3
2018	£1,307,633		4
2017	£14,963,529		6
2016	£2,153,333		3
2015	£7,000,000		1
2014	£21,739,608		2
2012	£148,000	£3,700	1

House Type in RG2 0GR area

The most common house types in the RG2 0GR postcode area are Flat (70), Semi-detached (26), and Terraced (20).

Total	117
Flat	70
Semi-detached	26
Terraced	20
Shared house	1
Detached	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (74), and Owned: Owns with a mortgage or loan (26).

Private rented: Private landlord or letting agency	74
Owned: Owns with a mortgage or loan	26
Owned: Owns outright	10
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the RG2 0GR have 2 people in household (40), and 1 person in household (38).

2 people in household	40
1 person in household	38
3 people in household	21
4 people in household	16
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0