10, Drake Close
10, Drake Close
Description & Estimates
10, Drake Close is recorded publicly as a modern freehold house across 882 ft2 of internal area, sitting on a 156 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 10, Drake Close is £890,575 and its rental estimate is £3,829 per month, given the available information and assuming reasonable condition.
Drake Close, London, SE16 falls within the SE16 postal district, in the borough of Southwark.
Our Data Sources
10, Drake Close has 21 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 10, Drake Close, we estimate a market value of £935,104 and a rental value of £4,021 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £828,235 and £3,561 per month respectively.
Recent Market Change
Over the last year, 10, Drake Close has seen its estimated sale value drop by £33,910 (3.8%) and its estimated rental value rise by £198 per month (5.2%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 10, Drake Close as measuring 156 m2.
That makes it the 2nd largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
10, Drake Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 10, Drake Close completed on 4th November 2014 at £685,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.6% over the period since November 2014.
- Sold Nov 2014£685,000
- Sold Aug 2002£270,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10, Drake Close have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2025, was 17, Thame Road, London, SE16 6AR, a freehold house which sold for £822,500.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on Drake Close, London, SE16, 10, Drake Close comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £438k more expensive than the average property across the SE16 district.
More reading links
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
From 10, Drake Close, the nearest station is Rotherhithe, 500 metres away.
- 500mCanada Water
- 600mRotherhithe
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
