Drake House, Drake Road - RM16 6RX
Key Building Insights
Drake House, Drake Road is a residential building situated on Drake Road, Chafford Hundred, Grays, RM16 with 11 addresses.
It ranks as the 105th largest and 45th most expensive of the 129 buildings in the RM16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 11 properties: 11 flats.
- Ave. Sale Price
- £184,894
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £1,307pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Building Insights
Drake House, Drake Road is a residential building situated on Drake Road, Chafford Hundred, Grays, RM16 with 11 addresses.
It ranks as the 105th largest and 45th most expensive of the 129 buildings in the RM16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 11 properties: 11 flats.
- Ave. Sale Price
- £184,894
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £1,307pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertieson Drake Road, Chafford Hundred, Grays, RM16
- Flat 1 Drake House
2 Bed Modern Flat
- Flat 2 Drake House
Unknown
- Flat 3 Drake House
2 Bed Modern Flat
- Flat 4 Drake House
2 Bed Modern Flat
- Flat 5 Drake House
Unknown
Sales Market Trends
The last sale in Drake House, Drake Road sold for £158,500 on 18th November 2022. Since then prices are down an average of 2.9%.
The current average value in the building is £184,894.
The Drake House, Drake Road Sales Market has increased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £184,894 |
| June 2025 | 0.7% | £184,184 |
| June 2024 | -1.5% | £182,843 |
| June 2023 | -0.8% | £185,677 |
| June 2022 | 6.9% | £187,183 |
| June 2021 | 4.3% | £175,046 |
| June 2020 | 1.3% | £167,767 |
| June 2019 | -2.5% | £165,644 |
| June 2018 | 2% | £169,864 |
| June 2017 | 2.2% | £166,556 |
| June 2016 | 18.3% | £162,926 |
| June 2015 | 11.8% | £137,734 |
| June 2014 | 10.8% | £123,250 |
| June 2013 | 2.1% | £111,203 |
| June 2012 | -2.4% | £108,908 |
| June 2011 | -0.7% | £111,536 |
| June 2010 | 6.7% | £112,267 |
| June 2009 | -15.6% | £105,236 |
| June 2008 | -0.5% | £124,670 |
| June 2007 | 0% | £125,254 |
Rental Market Trends
The current average rental value in the building is £1,307.
The Drake House, Drake Road Rental Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,307pcm |
| June 2025 | 3.1% | £1,259pcm |
| June 2024 | 10.4% | £1,220pcm |
| June 2023 | 11.7% | £1,106pcm |
| June 2022 | 4.5% | £989pcm |
| June 2021 | 0% | £947pcm |
| June 2020 | 2.3% | £947pcm |
| June 2019 | -0.1% | £926pcm |
| June 2018 | -1.1% | £926pcm |
| June 2017 | -1% | £936pcm |
| June 2016 | 7.6% | £946pcm |
| June 2015 | 7.8% | £879pcm |
| June 2014 | 3.9% | £815pcm |
| June 2013 | 2.6% | £784pcm |
| June 2012 | 2% | £764pcm |
| June 2011 | 2.4% | £749pcm |
| June 2010 | 2.5% | £732pcm |
| June 2009 | -6.6% | £714pcm |
| June 2008 | 5.8% | £764pcm |
| June 2007 | 0% | £722pcm |
Sales History
The last sale was on 18th November 2022 for £158,500 and since then the market in the area has decreased by 2.9%. The building has had a total of 32 sales since 1995.
Drake House, Drake Road, Chafford Hundred, Grays, RM16 6RX has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£158,500 | 2 Bed FlatFlat 1, Drake House, Drake Road, Grays, RM16 6RXFlat 1, Drake House, Drake Road, Grays, RM16 6RX
- Sold Sep 2020£178,000 | 2 Bed FlatFlat 10, Drake House, Drake Road, Grays, RM16 6RXFlat 10, Drake House, Drake Road, Grays, RM16 6RX
- Sold Mar 2020£164,500 | 2 Bed FlatFlat 9, Drake House, Drake Road, Grays, RM16 6RXFlat 9, Drake House, Drake Road, Grays, RM16 6RX
- Sold Apr 2018£195,000 | 2 Bed FlatFlat 6, Drake House, Drake Road, Grays, RM16 6RXFlat 6, Drake House, Drake Road, Grays, RM16 6RX
- Sold Jun 2017£162,000 | 2 Bed FlatFlat 6, Drake House, Drake Road, Grays, RM16 6RXFlat 6, Drake House, Drake Road, Grays, RM16 6RX
Property Types
- 9 modern flats built after 1980
- 2 other addresses of unknown type
- modern flat (9)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Tudor Court Primary School700 m away
- Warren Primary School700 m away
- Belmont Castle Academy1.2 km away
- Harris Academy Chafford Hundred1.2 km away
- The Hathaway Academy1.6 km away
- Grays Convent High School1.9 km away
More reading links
Public Transport Nearby
The closest station to Drake House, Drake Road, Chafford Hundred, Grays, RM16 6RX is Chafford Hundred Lakeside station, which is 1.3 kilometres away.
- Chafford Hundred Lakeside|1.3 km away
- Grays|1.9 km away
- Ockendon|3.7 km away
- Swanscombe|4.5 km away