13, Drake Close
13, Drake Close
Description & Estimates
13, Drake Close is recorded publicly as a modern freehold house across 1,011 ft2 of internal area, sitting on a 166 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 13, Drake Close is £967,796 and its rental estimate is £4,063 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
13, Drake Close has 31 entries in the Land Registry , most recently in November 2022 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 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 13, Drake Close, we estimate a market value of £1,016,186 and a rental value of £4,266 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £900,051 and £3,778 per month respectively.
Recent Market Change
Over the last year, 13, Drake Close has seen its estimated sale value drop by £36,851 (3.8%) and its estimated rental value rise by £210 per month (5.2%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 13, Drake Close as measuring 166 m2.
That makes it the largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
13, Drake Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 13, Drake Close completed on 24th November 2022 at £1,200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 17.3% over the period since November 2022.
- Sold Nov 2022£1,200,000
- Sold Nov 2015£740,000
- Sold Apr 1998£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 13, Drake Close have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2019, was 23, Fishermans Drive, London, SE16 6SG, a freehold house which sold for £750,000.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Drake Close, London, SE16, 13, Drake Close comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £515k 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 13, 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.
