7, Drakes Way
7, Drakes Way
Description & Estimates
Public records show 7, Drakes Way, Rayleigh to be a mid-century freehold house with 914 ft2 of internal area, sitting on a 414 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Drakes Way, Rayleigh has an estimated sale value of £486,697 and an estimated rental value of £1,842 per month, assuming reasonable condition and based on the information available.
Drakes Way, Rayleigh, SS6 lies in the borough of Rochford, within the SS6 postal district.
Our Data Sources
7, Drakes Way, Rayleigh has 3 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated February 2017.
We combine this information with that 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
In very good condition, we estimate 7, Drakes Way, Rayleigh would be worth £511,032, with a potential rental value of £1,934 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £452,629, with a rental value of £1,713 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Drakes Way, Rayleigh has declined by £2,024 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £54 (2.9%). The property's estimated gross yield is currently 4.5%.
Plot Size
7, Drakes Way, Rayleigh occupies a 414 m2 plot as recorded by HM Land Registry.
All 11 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
7, Drakes Way, Rayleigh has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Feb 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Drakes Way, Rayleigh last changed hands on 18th September 2023, selling for £550,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 2.4% since September 2023.
- Sold Sep 2023£550,000
- Sold Mar 2019£362,500
- Sold Aug 2017£375,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 7, Drakes Way, Rayleigh across the last 2 years.
Most recently, 32, Upper Lambricks, Rayleigh, SS6 8BP, a freehold house, sold at £400,000 on the 13th May 2025.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 7, Drakes Way, Rayleigh as the 10th largest and the 10th most expensive of the 11 addresses on Drakes Way, Rayleigh, SS6.
Against the SS6 postcode district average, it is £46k more expensive than the typical property.
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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
Rayleigh station is the nearest stop to 7, Drakes Way, Rayleigh at 1.2 kilometres away.
- 1.2kmRayleigh
- 3.3kmHockley
- 4.5kmBattlesbridge
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
