Flat 407 Cygnet House, Drake Way, RG2 0NX
Flat 407 Cygnet House Drake Way is a 61 m² / 657 sq ft flat in Reading. It sold for £280,000 in May 2024. Indexed forward to today's value, that sale is roughly £216k. Recent local prices imply a broad valuation context of £226k to £276k based on its internal area. The Land Registry and EPC data was last updated 8 October 2026.
- Sale history
-
Date Paid price Annual growth After inflation May 2024 £280,000 -0.8% -4.3% Aug 2017 £295,000 * na na Jul 2017 £320,000 * 18.6% 16.8% May 2015 New build New £220,995 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
- 61 square metres (657 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £4,590 per square metre (£426 per square foot) in May 2024. Indexed forward to today's value, this is roughly £3,534 per square metre (£328 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm May 2024 £280,000 £4,590 £215,559 £3,534 Aug 2017 £295,000 £4,836 £303,717 £4,979 Jul 2017 £320,000 £5,246 £329,455 £5,401 May 2015 £220,995 £3,623 £223,555 £3,665 Calculated using the latest EPC internal area of 61 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 £215,559. 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 £3,700 and £4,530 per square metre (£343 and £420 per square foot). Based on an internal area of 61 m², this implies a valuation between £226,000 and £276,000. 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
- na
- Type
- Flat
- Council tax band
- na
- Summary:
- 29 April 2015 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- new dwelling
- Tenure:
- Unknown
- Property type:
- Top floor flat on the top floor in an apartment block with 1 storeys Estimated year built None to None
- Area:
- 61 sqm (657 square foot) total internal area
- Comments:
- Heating: Room heaters, electric.
Flat 407 Cygnet House 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 £215,559.
- Based on an internal area of 61 m² and recent prices in Reading, this implies a lower and upper quartile range from £226,000 to £276,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.