Our Data Sources
116, Drake Road, Grays has 51 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 116, Drake Road, Grays is in very good condition we estimate a sale value of £273,005 and a rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,804 and a rental value of £1,387 per month.
Energy Efficiency
116, Drake Road, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 116, Drake Road, Grays was last sold on 25th August 2023 for £248,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since August 2023, the market for similar properties has dropped by 9.9%.
- Sold Aug 2023£248,000
- Sold Dec 2017£225,000
- Sold Jun 2007£155,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Drake Road, Grays within a radius of 630 metres over the last 2 years.
The most recent example is 118, Drake Road, Grays, RM16 6PP, a leasehold flat which sold for £240,000 on the 7th December 2020.
Read more about house prices in RM16.
- Sold Dec 2020£240,000 | 3 Bed Flat118, Drake Road, Grays, RM16 6PP118, Drake Road, Grays, RM16 6PP
- Sold Mar 2020£220,000 | 2 Bed Flat24, Merlin Close, Grays, RM16 6RY24, Merlin Close, Grays, RM16 6RY
- Sold Jul 2019£215,000 | 2 Bed Flat29, Merlin Close, Grays, RM16 6RY29, Merlin Close, Grays, RM16 6RY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Drake Road, Chafford Hundred, Grays, RM16 has a total of 165 addresses. According to our analysis of all the public data, 116, Drake Road, Grays is the 117th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in RM16.
More reading links
Schools Nearby
- 500mTudor Court Primary School
- 900mWarren Primary School
- 1.4kmBelmont Castle Academy
- 1.5kmHarris Academy Chafford Hundred
- 1.6kmThe Hathaway Academy
- 2.0kmGrays Convent High School
More reading links
Public Transport Nearby
- 1.5kmChafford Hundred Lakeside
- 2.1kmGrays
- 3.4kmOckendon
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
