Drake CloseHouse Prices / London, Southwark
Key Street Insights
Drake Close is a residential street with 14 addresses.
It ranks as the 88th largest and 382nd most expensive of the 396 streets in the SE16 area. The dominant property type is a modern house built after 1980.
The street contains a total of 14 properties: 14 houses.
- Houses
Key Street Insights
Drake Close is a residential street with 14 addresses.
It ranks as the 88th largest and 382nd most expensive of the 396 streets in the SE16 area. The dominant property type is a modern house built after 1980.
The street contains a total of 14 properties: 14 houses.
- Houses
House Priceson Drake Close
Sale prices range from £666,107 for 2 bedroom freehold houses with a garden (559 ft2) to £1,186,882 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £2,993 pcm for 2 bed houses to £5,003 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 5.4%.
The average value per square foot is £992.
Sales Market Trendson Drake Close
The last sale on Drake Close sold for £1,200,000 on 24th November 2022. Since then prices are down an average of 7.2%.
The current average value in the street is £940,403.
The Drake Close Sales Market has decreased by 2.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -5.4% | £940,403 |
| May 2025 | -0.1% | £994,515 |
| May 2024 | -2.7% | £995,875 |
| May 2023 | 2.5% | £1,023,122 |
| May 2022 | 3.6% | £998,510 |
| May 2021 | 1.4% | £963,809 |
| May 2020 | 2% | £950,306 |
| May 2019 | -1.5% | £931,302 |
| May 2018 | -1.1% | £945,541 |
| May 2017 | -0.5% | £956,120 |
| May 2016 | 8.4% | £961,018 |
| May 2015 | 8.4% | £886,823 |
| May 2014 | 24.4% | £817,848 |
| May 2013 | 8.7% | £657,673 |
| May 2012 | 3.6% | £604,904 |
| May 2011 | 2.8% | £583,708 |
| May 2010 | 12.7% | £567,616 |
| May 2009 | -11.5% | £503,770 |
| May 2008 | 6.8% | £568,955 |
| May 2007 | 0% | £532,794 |
Rental Market Trendson Drake Close
The current average rental value in the street is £4,020.
The Drake Close Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.8% | £4,020pcm |
| May 2025 | 1.3% | £3,836pcm |
| May 2024 | 4.6% | £3,785pcm |
| May 2023 | 13.2% | £3,618pcm |
| May 2022 | 20.4% | £3,197pcm |
| May 2021 | -5% | £2,655pcm |
| May 2020 | 1.8% | £2,795pcm |
| May 2019 | 0.9% | £2,745pcm |
| May 2018 | 0.3% | £2,720pcm |
| May 2017 | -1.9% | £2,711pcm |
| May 2016 | 0.3% | £2,764pcm |
| May 2015 | 5.8% | £2,756pcm |
| May 2014 | 3.5% | £2,606pcm |
| May 2013 | 1.2% | £2,518pcm |
| May 2012 | 9% | £2,488pcm |
| May 2011 | 12.3% | £2,283pcm |
| May 2010 | 8.2% | £2,033pcm |
| May 2009 | -13.4% | £1,879pcm |
| May 2008 | 8.5% | £2,169pcm |
| May 2007 | 0% | £1,999pcm |
Explore Propertieson Drake Close, London, SE16
- 1, Drake Close, London, SE16 6RS4 bed modern house
- 2, Drake Close, London, SE16 6RS3 bed modern house
- 3, Drake Close, London, SE16 6RS
- 4, Drake Close, London, SE16 6RS4 bed modern house
- 5, Drake Close, London, SE16 6RS2 bed modern house
- 6, Drake Close, London, SE16 6RS4 bed modern house
- 7, Drake Close, London, SE16 6RS
- 8, Drake Close, London, SE16 6RS3 bed modern house
- 9, Drake Close, London, SE16 6RS3 bed modern house
- 10, Drake Close, London, SE16 6RS3 bed modern house
- 11, Drake Close, London, SE16 6RS
- 12, Drake Close, London, SE16 6RS3 bed modern house
- 13, Drake Close, London, SE16 6RS3 bed modern house
- 14, Drake Close, London, SE16 6RS2 bed modern house
Sales Historyon Drake Close, London, SE16
The last sale was on 24th November 2022 for £1,200,000 and since then the market in the area has decreased by 7.2%. The street has had a total of 22 sales since 1995.
Drake Close, London, SE16 has seen no sales in the last three years and no sales in the last twelve months.
Nearby Streetsto Drake Close, London, SE16
Drake Close, London, SE16 is the 88th largest and the 382nd most expensive street in the SE16 area.
- 37 mHardy Close, London, SE1615 Addresses
- 43 mMiddleton Drive, London, SE1616 Addresses
- 64 mStanhope Close, London, SE167 Addresses
- 73 mHawke Place, London, SE169 Addresses
- 75 mGreenacre Square, London, SE1611 Addresses
- 82 mArchangel Street, London, SE1616 Addresses
Postcodeson Drake Close, London, SE16
There is 1 postcode on Drake Close, London, SE16.
- House prices in SE16 6RS14 Addresses
Property Typesin Drake Close
- 11 modern houses built after 1980
- 3 other addresses of unknown type
- modern house (11)
- Unknown (3)
Energy Efficiencyof properties on Drake Close
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (5)
- No EPC (3)
Schools Nearby
- 100mAlfred Salter Primary School
- 200mSt John's Roman Catholic Primary School
- 500mRedriff Primary, City of London Academy
- 200mBacon's College
- 1.4kmThe Charter School Bermondsey
- 1.5kmBishop Challoner Catholic School
More reading links
Public Transport Nearby
The closest station to Drake Close, London, SE16 is Rotherhithe station, which is 500 metres away.
- 500mCanada Water
- 600mRotherhithe
