118 Drake Road, Chafford Hundred, Grays, RM16 6PP is a leasehold flat built between 1996-2002. The property offers approximately 732 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £257,587 , which equates to approximately £352 per square foot. It was last sold on 7 Dec 2020 for £240,000. Since then, the value has increased by £17,587, representing a 7.3% increase, or approximately 1.5% per year.

The current estimated value of £257,587 is:

  • 41.7% lower than the average property price on Drake Road
  • 31.6% lower than the average in the RM16 6PP postcode area
  • and 30.4% lower than the average price for Grays as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 September 2020, the property was recorded as owner-occupied.

View sold house prices in RM16 6PP

Building approximate location

About Property

Type
Semi-Detached House
Built
1996-2002
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£257,587
Price Per sq ft (estimate)
£352
Bedroom Count (estimate)
2 bedrooms

EPC Summary

118 Drake Road, Chafford Hundred, Grays, Thurrock, RM16 6PP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Sep 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Jun 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 200mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM16 6PP

33 rd / 43
Price Rank
32% lower than average
16 th / 31
Size Rank
11% smaller than average
23 rd / 31
Price Per Sq FT Rank
23% lower than average

Compared to other properties in RM16 6PP , this house's estimated value ranks 33th out of 43. Based on price per square foot, it ranks 23th out of 31 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 31 properties in its postcode area.

Sale History

Today
£257,587
streetscan.co.uk estimate
+7 %
7 Dec 2020
£240,000
Leasehold
+65.5 %
17 Dec 2009
£145,000
Leasehold
-3.3 %
8 Sep 2004
£150,000
Leasehold
+40.2 %
30 Oct 2001
£106,995
Leasehold
+18.9 %
14 Apr 2000
£89,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £248,000
sale date: 25 Aug 2023
rooms: 3
size: 732 sq ft
sale price: £205,000
sale date: 23 May 2016
rooms: 3
size: 667 sq ft
sale price: £183,000
sale date: 4 Mar 2016
rooms: 3
size: 775 sq ft
sale price: £150,000
sale date: 4 Nov 2010
rooms: 2
size: 635 sq ft
sale price: £158,500
sale date: 18 Nov 2022

Data Sources

The property at 118 Drake Road, Chafford Hundred, Grays, RM16 6PP appears five times in the Land Registry records, with the latest transaction recorded on 7 Dec 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.