Drake Close - PE11 2FY
Key Street Insights
Drake Close is a residential street with 5 addresses.
It ranks as the 138th largest and 423rd most expensive of the 929 streets in the PE11 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £219,808
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £937pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £265/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Street Insights
Drake Close is a residential street with 5 addresses.
It ranks as the 138th largest and 423rd most expensive of the 929 streets in the PE11 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £219,808
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £937pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £265/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertieson Drake Close, Spalding, PE11
- 1 Drake Close
3 Bed Modern House
- 2 Drake Close
4 Bed Modern House
- 3 Drake Close
3 Bed Modern House
- 4 Drake Close
House
- 5 Drake Close
House
Sales Market Trends
The last sale on Drake Close sold for £218,500 on 26th February 2016. Since then prices are up an average of 34.1%.
The current average value in the street is £219,808.
The Drake Close Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £219,808 |
| June 2025 | 3% | £227,165 |
| June 2024 | -5.3% | £220,573 |
| June 2023 | -0.4% | £232,874 |
| June 2022 | 14.4% | £233,925 |
| June 2021 | 5.6% | £204,532 |
| June 2020 | 2.9% | £193,702 |
| June 2019 | 3.6% | £188,194 |
| June 2018 | 2.7% | £181,627 |
| June 2017 | 5.5% | £176,862 |
| June 2016 | 7.3% | £167,576 |
| June 2015 | 6.4% | £156,143 |
| June 2014 | 5.6% | £146,801 |
| June 2013 | 0.8% | £139,048 |
| June 2012 | 2.6% | £137,966 |
| June 2011 | -3.1% | £134,512 |
| June 2010 | 6% | £138,801 |
| June 2009 | -13.4% | £130,910 |
| June 2008 | -5% | £151,231 |
| June 2007 | 0% | £159,243 |
Rental Market Trends
The current average rental value in the street is £937.
The Drake Close Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £937pcm |
| June 2025 | 3.7% | £916pcm |
| June 2024 | 3.6% | £883pcm |
| June 2023 | 8.3% | £852pcm |
| June 2022 | 9.1% | £787pcm |
| June 2021 | 2.8% | £721pcm |
| June 2020 | 0.8% | £702pcm |
| June 2019 | -0.3% | £696pcm |
| June 2018 | 1.6% | £698pcm |
| June 2017 | 3.7% | £688pcm |
| June 2016 | 3.4% | £663pcm |
| June 2015 | 3.4% | £641pcm |
| June 2014 | 3.5% | £620pcm |
| June 2013 | 1.5% | £599pcm |
| June 2012 | 0% | £591pcm |
| June 2011 | 3.9% | £590pcm |
| June 2010 | 3.3% | £568pcm |
| June 2009 | -5.4% | £550pcm |
| June 2008 | 4.1% | £581pcm |
| June 2007 | 0% | £559pcm |
Sales History
The last sale was on 26th February 2016 for £218,500 and since then the market in the area has increased by 34.1%. The street has had a total of 7 sales since 1995.
Drake Close, Spalding, PE11 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2016£218,500 | 4 Bed House2, Drake Close, Spalding, PE11 2FY2, Drake Close, Spalding, PE11 2FY
- Sold Jun 2014£134,995 | 3 Bed House3, Drake Close, Spalding, PE11 2FY3, Drake Close, Spalding, PE11 2FY
- Sold May 2004£135,000 | 3 Bed House5, Drake Close, Spalding, PE11 2FY5, Drake Close, Spalding, PE11 2FY
- Sold Dec 2002£124,950 | 2 Bed House4, Drake Close, Spalding, PE11 2FY4, Drake Close, Spalding, PE11 2FY
- Sold Jul 2002£123,950 | 4 Bed House2, Drake Close, Spalding, PE11 2FY2, Drake Close, Spalding, PE11 2FY
Top 3 Most Expensive Sales
- Sold Feb 2016£218,500 | 4 Bed House2, Drake Close, Spalding, PE11 2FY2, Drake Close, Spalding, PE11 2FY
- Sold May 2004£135,000 | 3 Bed House5, Drake Close, Spalding, PE11 2FY5, Drake Close, Spalding, PE11 2FY
- Sold Jun 2014£134,995 | 3 Bed House3, Drake Close, Spalding, PE11 2FY3, Drake Close, Spalding, PE11 2FY
Nearby Streets
Drake Close, Spalding, PE11 is the 138th largest and the 423rd most expensive street in the PE11 area.
- Henson Close, Spalding, PE1112 Addresses|71 m away
- Holborn Road, Spalding, PE1135 Addresses|77 m away
- Livingstone Drive, Spalding, PE1129 Addresses|86 m away
- Burton Road, Spalding, PE1123 Addresses|89 m away
- Magellan Way, Spalding, PE1121 Addresses|133 m away
- Hillary Close, Spalding, PE116 Addresses|141 m away
Property Types
- 3 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (2)
Schools Nearby
- The Spalding St John the Baptist Church of England Primary School300 m away
- Monkshouse Primary Academy1.1 km away
- St Norbert's Catholic Voluntary Academy1.1 km away
- Spalding Grammar School800 m away
- Spalding High School1.4 km away
- Spalding Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to Drake Close, Spalding, PE11 - PE11 2FY is Spalding station, which is 1.1 kilometres away.
- Spalding|1.1 km away
- Swineshead|21.3 km away
- Hubberts Bridge|22.1 km away