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Drake CloseHouse Prices / East Midlands, South Holland
Last updated Jun 2026
Key Street Insights
Drake Close is a residential street with 5 addresses.
It ranks as the 138th largest and 424th most expensive of the 929 streets in the PE11 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
5
Properties
- Houses
Key Street Insights
Drake Close is a residential street with 5 addresses.
It ranks as the 138th largest and 424th most expensive of the 929 streets in the PE11 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
5
Properties
- Houses
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House Priceson Drake Close
Sale prices range from £173,376 for 2 bedroom freehold houses with a garden (548 ft2) to £298,334 for 4 bedroom freehold houses with a garden (1,474 ft2) .
Monthly rental prices range from £775 pcm for 2 bed houses to £1,249 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 5.4%.
The average value per square foot is £264.
Average Sale Value
£218,750
Average Rental Value
£958 pcm
Average Rental Yield
5.3% /year
Average Value Per Sqft
£264 /ft2
Sales Market Trendson Drake Close
The last sale on Drake Close sold for £218,500 on 26th February 2016. Since then prices are up an average of 33.6%.
The current average value in the street is £218,750.
The Drake Close Sales Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.9% | £218,750 |
| May 2025 | 3.2% | £227,708 |
| May 2024 | -5.9% | £220,709 |
| May 2023 | 0.8% | £234,559 |
| May 2022 | 15.1% | £232,718 |
| May 2021 | 5% | £202,146 |
| May 2020 | 2.6% | £192,504 |
| May 2019 | 3.8% | £187,699 |
| May 2018 | 2.4% | £180,902 |
| May 2017 | 5.8% | £176,668 |
| May 2016 | 7.6% | £167,006 |
| May 2015 | 5.9% | £155,204 |
| May 2014 | 5.5% | £146,620 |
| May 2013 | 1.4% | £139,008 |
| May 2012 | 1.6% | £137,028 |
| May 2011 | -2.4% | £134,819 |
| May 2010 | 5% | £138,205 |
| May 2009 | -13.8% | £131,577 |
| May 2008 | -3.5% | £152,649 |
| May 2007 | 0% | £158,193 |
Rental Market Trendson Drake Close
The current average rental value in the street is £958.
The Drake Close Rental Market has increased by 36.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £958pcm |
| May 2025 | 3.7% | £934pcm |
| May 2024 | 3.7% | £900pcm |
| May 2023 | 6.6% | £868pcm |
| May 2022 | 8.3% | £814pcm |
| May 2021 | 2.2% | £752pcm |
| May 2020 | 0.8% | £735pcm |
| May 2019 | -0.4% | £729pcm |
| May 2018 | 0.9% | £732pcm |
| May 2017 | 3.2% | £726pcm |
| May 2016 | 3.1% | £703pcm |
| May 2015 | 3.2% | £682pcm |
| May 2014 | 2.4% | £661pcm |
| May 2013 | 1.7% | £646pcm |
| May 2012 | 0.7% | £635pcm |
| May 2011 | 4.1% | £631pcm |
| May 2010 | 4.4% | £606pcm |
| May 2009 | -4.2% | £580pcm |
| May 2008 | 4.3% | £606pcm |
| May 2007 | 0% | £581pcm |
Sales Historyon Drake Close, Spalding, PE11
The last sale was on 26th February 2016 for £218,500 and since then the market in the area has increased by 33.6%. 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 HouseDrake Close2, Drake Close, Spalding, PE11 2FY
Sold Jun 2014£134,995 | 3 Bed HouseDrake Close3, Drake Close, Spalding, PE11 2FY
Sold May 2004£135,000 | 3 Bed HouseDrake Close5, Drake Close, Spalding, PE11 2FY
Sold Dec 2002£124,950 | 2 Bed HouseDrake Close4, Drake Close, Spalding, PE11 2FY
Sold Jul 2002£123,950 | 4 Bed HouseDrake Close2, Drake Close, Spalding, PE11 2FY
Sold May 2002£79,950 | 3 Bed HouseDrake Close1, Drake Close, Spalding, PE11 2FY
Sold May 2002£89,950 | 3 Bed HouseDrake Close3, Drake Close, Spalding, PE11 2FY
Nearby Streetsto Drake Close, Spalding, PE11
Drake Close, Spalding, PE11 is the 138th largest and the 424th most expensive street in the PE11 area.
- 71 mHenson Close, Spalding, PE1112 Addresses
- 77 mHolborn Road, Spalding, PE1135 Addresses
- 86 mLivingstone Drive, Spalding, PE1129 Addresses
- 89 mBurton Road, Spalding, PE1123 Addresses
- 133 mMagellan Way, Spalding, PE1121 Addresses
- 141 mHillary Close, Spalding, PE116 Addresses
Postcodeson Drake Close, Spalding, PE11
There is 1 postcode on Drake Close, Spalding, PE11.
- House prices in PE11 2FY5 Addresses
Property Typesin Drake Close
- 3 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (3)
- Unknown (2)
Energy Efficiencyof properties on Drake Close
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (2)
Schools Nearbyto Drake Close, Spalding, PE11
The nearest primary school to Drake Close, Spalding, PE11 is The Spalding St John the Baptist Church of England Primary School which is 300 metres away.
- 300mThe Spalding St John the Baptist Church of England Primary School
- 1.1kmMonkshouse Primary Academy
- 1.1kmSt Norbert's Catholic Voluntary Academy
The nearest secondary school is Spalding Grammar School which is 800 metres away.
- 800mSpalding Grammar School
- 1.4kmSpalding High School
- 1.8kmSpalding Academy
More reading links
Public Transport Nearbyto Drake Close, Spalding, PE11
The closest station to Drake Close, Spalding, PE11 is Spalding station which is 1.1 kilometres away.
- 1.1kmSpalding
- 21.3kmSwineshead
- 22.1kmHubberts Bridge
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