Drake Close - PE11 2FY
Key Street Insights
Drake Close is a residential street with 5 addresses.
It ranks as the 138th largest and 417th 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: 3 houses and 2 other properties.
- Ave. Sale Price
- £218,577
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £941pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Street Insights
Drake Close is a residential street with 5 addresses.
It ranks as the 138th largest and 417th 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: 3 houses and 2 other properties.
- Ave. Sale Price
- £218,577
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £941pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Properties on 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 33.3%.
The current average value in the street is £218,577.
The Drake Close Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -3.4% | £218,577 |
| July 2025 | 2.2% | £226,371 |
| July 2024 | -4.3% | £221,436 |
| July 2023 | -1.8% | £231,391 |
| July 2022 | 13.6% | £235,601 |
| July 2021 | 6% | £207,352 |
| July 2020 | 3.4% | £195,542 |
| July 2019 | 3.4% | £189,052 |
| July 2018 | 3.1% | £182,867 |
| July 2017 | 5.3% | £177,325 |
| July 2016 | 7.2% | £168,472 |
| July 2015 | 6.2% | £157,130 |
| July 2014 | 6.3% | £147,902 |
| July 2013 | 0.6% | £139,176 |
| July 2012 | 3.2% | £138,375 |
| July 2011 | -3.5% | £134,065 |
| July 2010 | 6.6% | £138,883 |
| July 2009 | -12.5% | £130,244 |
| July 2008 | -6.3% | £148,905 |
| July 2007 | 0% | £158,889 |
Rental Market Trends
The current average rental value in the street is £941.
The Drake Close Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.1% | £941pcm |
| July 2025 | 4% | £921pcm |
| July 2024 | 3% | £886pcm |
| July 2023 | 8% | £860pcm |
| July 2022 | 9.2% | £796pcm |
| July 2021 | 3.6% | £729pcm |
| July 2020 | 0.9% | £704pcm |
| July 2019 | -0.6% | £698pcm |
| July 2018 | 1.9% | £702pcm |
| July 2017 | 3.5% | £689pcm |
| July 2016 | 3.2% | £665pcm |
| July 2015 | 3.3% | £645pcm |
| July 2014 | 4.1% | £624pcm |
| July 2013 | 1.5% | £600pcm |
| July 2012 | -0.3% | £591pcm |
| July 2011 | 4.2% | £593pcm |
| July 2010 | 3.7% | £569pcm |
| July 2009 | -5.3% | £548pcm |
| July 2008 | 3.7% | £579pcm |
| July 2007 | 0% | £558pcm |
Sales History
The last recorded sale was on 26th February 2016 for £218,500 and since then the market in the area has increased by 33.3%.
Drake Close, Spalding, PE11 has had 3 sales since 1995, none of them in the last three years.
- 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
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 417th 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 have been 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
