126 Drake Road, Chafford Hundred, Grays, RM16 6PP is a leasehold flat built between 1996-2002. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £241,859 , which equates to approximately £432 per square foot. It was last sold on 15 Mar 2024 for £235,000. Since then, the value has increased by £6,859, representing a 2.9% increase, or approximately 1.7% per year.

The current estimated value of £241,859 is:

  • 45.2% lower than the average property price on Drake Road
  • 35.7% lower than the average in the RM16 6PP postcode area
  • and 34.7% 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 6 December 2023, the property was recorded as owner-occupied.

View sold house prices in RM16 6PP

Building approximate location

About Property

Type
Terraced Maisonette
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£241,859
Price Per sq ft (estimate)
£432
Bedroom Count (estimate)
1 bedroom

EPC Summary

126 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 6 Dec 2023.

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 main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Nov 2011. The rating of C remains the same, but the energy efficiency score improved by 4.1%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to RM16 6PP

40 th / 43
Price Rank
36% lower than average
25 th / 31
Size Rank
32% smaller than average
12 th / 31
Price Per Sq FT Rank
6% lower than average

Compared to other properties in RM16 6PP , this maisonette's estimated value ranks 40th out of 43. Based on price per square foot, it ranks 12th out of 31 properties. In terms of size, this home ranks 25th out of 31 properties in its postcode area.

Sale History

Today
£241,859
streetscan.co.uk estimate
+3 %
15 Mar 2024
£235,000
Leasehold
+65.5 %
18 Jul 2014
£142,000
Leasehold
+3.6 %
29 Sep 2006
£137,000
Leasehold
+1.5 %
3 Sep 2004
£134,995
Leasehold
+68.8 %
17 Dec 1999
£79,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 538 sq ft
sale price: £255,000
sale date: 28 Jun 2024
rooms: 3
size: 515 sq ft
sale price: £213,500
sale date: 21 Jun 2019
rooms: 3
size: 549 sq ft
sale price: £213,500
sale date: 4 Jan 2018
rooms: 3
size: 511 sq ft
sale price: £141,000
sale date: 8 May 2015
rooms: 2
size: 517 sq ft
sale price: £141,000
sale date: 6 Jul 2012

Data Sources

The property at 126 Drake Road, Chafford Hundred, Grays, RM16 6PP appears five times in the Land Registry records, with the latest transaction recorded on 15 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Dec 2023. 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.