5, Drakes Way
5, Drakes Way
Description & Estimates
5, Drakes Way, Rayleigh is described in the public record as a mid-century house with 952 ft2 of internal area, sitting on a 363 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Drakes Way, Rayleigh is £496,009 and its rental estimate is £1,866 per month, given the available information and assuming reasonable condition.
Drakes Way, Rayleigh, SS6 falls within the SS6 postal district, in the borough of Rochford.
Our Data Sources
5, Drakes Way, Rayleigh has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2008.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Drakes Way, Rayleigh, we estimate a market value of £520,809 and a rental value of £1,959 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £461,288 and £1,735 per month respectively.
Recent Market Change
Over the last year, 5, Drakes Way, Rayleigh has seen its estimated sale value fall by £2,063 (0.4%) and its estimated rental value move up by £55 per month (2.9%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 5, Drakes Way, Rayleigh as measuring 363 m2.
That makes it the 10th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
5, Drakes Way, Rayleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2008.
The property is 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 5, Drakes Way, Rayleigh completed on 27th June 2002 at £197,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jun 2002£197,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Drakes Way, Rayleigh have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd October 2024, was 35, Lower Lambricks, Rayleigh, SS6 8DA, a freehold house which sold for £370,000.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Drakes Way, Rayleigh, SS6, 5, Drakes Way, Rayleigh comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £55k more expensive than the average property across the SS6 district.
More reading links
Schools Nearby
- 500mDown Hall Primary School
- 600mEdward Francis Primary School
- 1.0kmGlebe Primary School
- 700mThe FitzWimarc School
- 1.0kmThe Sweyne Park School
- 3.3kmThe Deanes
More reading links
Public Transport Nearby
From 5, Drakes Way, Rayleigh, the nearest station is Rayleigh, 1.2 kilometres away.
- 1.2kmRayleigh
- 3.3kmHockley
- 4.5kmBattlesbridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
