Flat 3 4, Drake Way, RG2 0GR
Flat 3 4 Drake Way is a 50 m² / 538 sq ft flat in Reading. It sold for £225,000 in February 2022. Indexed forward to today's value, that sale is roughly £226k. Recent local prices imply a broad valuation context of £187k to £227k based on its internal area. The Land Registry and EPC data was last updated 2 July 2026.
- Sale history
-
Date Paid price Annual growth After inflation Feb 2022 £225,000 * 0.0% -2.3% Oct 2018 £225,000 5.2% 3.1% Dec 2009 £143,000 0.5% -2.0% Dec 2006 New build New £141,000 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 50 square metres (538 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £4,500 per square metre (£418 per square foot) in Feb 2022. Indexed forward to today's value, this is roughly £4,519 per square metre (£420 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Feb 2022 £225,000 £4,500 £225,937 £4,519 Oct 2018 £225,000 £4,500 £220,307 £4,406 Dec 2009 £143,000 £2,860 £199,040 £3,981 Dec 2006 £141,000 £2,820 £137,615 £2,752 Calculated using the latest EPC internal area of 50 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £225,937. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Reading are now selling for between £3,740 and £4,540 per square metre (£347 and £421 per square foot). Based on an internal area of 50 m², this implies a valuation between £187,000 and £227,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 1
- Type
- Flat
- Council tax band
- C
- Title number
- BK409753
- Tenure
- Leasehold/other
- Title address
- Flat 3, 4 Drake Way, Reading
- Owner
-
S P DORSEY LIMITED
(Company reference number: 11846894)
Proprietor address: Flat 2, 118 Oxford Road, Reading RG1 7NG
Price paid on title: £225,000
Ownership record added to Land Registry's corporate ownership dataset 22 Apr 2022
- Summary:
- 17 August 2021 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- Rental
- Tenure:
- Private rental
- Property type:
- 3rd floor flat on the top floor in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 50 sqm (538 square foot) total internal area
- Comments:
- Walls: Timber frame, as built, insulated (assumed). Roof: Pitched, 270 mm loft insulation. Heating: Boiler and radiators, mains gas.
Flat 3 4 Drake Way is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £225,937.
- Based on an internal area of 50 m² and recent prices in Reading, this implies a lower and upper quartile range from £187,000 to £227,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.