Flat 1, Drake House Drake Road, Chafford Hundred, Grays, RM16 6RX is a leasehold flat built between 1996-2002. The property offers approximately 635 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £151,803 , which equates to approximately £239 per square foot. It was last sold on 18 Nov 2022 for £158,500. Since then, the value has decreased by £6,697, representing a 4.2% decrease, or approximately 1.4% per year.

The current estimated value of £151,803 is:

  • 65.6% lower than the average property price on Drake Road
  • 13.2% lower than the average in the RM16 6RX postcode area
  • and 59.0% lower than the average price for Grays as a whole

At the most recent EPC inspection on 22 January 2014, the property was recorded as owner-occupied.

View sold house prices in RM16 6RX

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£151,803
Price Per sq ft (estimate)
£239
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, Drake House Drake Road, Chafford Hundred, Grays, Thurrock, RM16 6RX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Jan 2014.

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 3 Nov 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.3%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 15% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM16 6RX

9 th / 12
Price Rank
13% lower than average
1 st / 9
Size Rank
26% bigger than average
9 th / 9
Price Per Sq FT Rank
31% lower than average

Compared to other properties in RM16 6RX , this flat's estimated value ranks 9th out of 12. Based on price per square foot, it ranks 9th out of 9 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 1st out of 9 properties in its postcode area.

Sale History

Today
£151,803
streetscan.co.uk estimate
-4 %
18 Nov 2022
£158,500
Leasehold
-14.3 %
30 Sep 2016
£184,995
Leasehold
+54.2 %
17 Jun 2014
£120,000
Leasehold
+73.9 %
28 Sep 2001
£69,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £178,000
sale date: 30 Sep 2020
rooms: 2
size: 570 sq ft
sale price: £164,500
sale date: 16 Mar 2020
rooms: 2
size: 581 sq ft
sale price: £164,000
sale date: 13 Sep 2016
rooms: 2
size: 592 sq ft
sale price: £123,750
sale date: 11 Jul 2014
rooms: 2
size: 568 sq ft
sale price: £103,000
sale date: 5 Dec 2011

Data Sources

The property at Flat 1, Drake House Drake Road, Chafford Hundred, Grays, RM16 6RX appears four times in the Land Registry records, with the latest transaction recorded on 18 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jan 2014. 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.