Flat 7, Drake House Drake Road, Chafford Hundred, Grays, RM16 6RX is a leasehold flat built between 1996-2002. The property offers approximately 581 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £184,767 , which equates to approximately £318 per square foot. It was last sold on 13 Sep 2016 for £164,000. Since then, the value has increased by £20,767, representing a 12.7% increase, or approximately 1.4% per year.

The current estimated value of £184,767 is:

  • 58.2% lower than the average property price on Drake Road
  • 5.6% higher than the average in the RM16 6RX postcode area
  • and 50.1% lower than the average price for Grays as a whole

At the most recent EPC inspection on 20 January 2016, 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
581 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£184,767
Price Per sq ft (estimate)
£318
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 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 20 Jan 2016.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM16 6RX

10 th / 12
Price Rank
6% higher than average
3 rd / 9
Size Rank
15% bigger than average
8 th / 9
Price Per Sq FT Rank
8% lower than average

Compared to other properties in RM16 6RX , this flat's estimated value ranks 10th out of 12. Based on price per square foot, it ranks 8th 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 3rd out of 9 properties in its postcode area.

Sale History

Today
£184,767
streetscan.co.uk estimate
+13 %
13 Sep 2016
£164,000
Leasehold
+29.1 %
12 Apr 2007
£126,995
Leasehold
+84.1 %
21 Sep 2001
£69,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 635 sq ft
sale price: £158,500
sale date: 18 Nov 2022
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: 538 sq ft
sale price: £195,000
sale date: 13 Apr 2018
rooms: 2
size: 592 sq ft
sale price: £123,750
sale date: 11 Jul 2014

Data Sources

The property at Flat 7, Drake House Drake Road, Chafford Hundred, Grays, RM16 6RX appears three times in the Land Registry records, with the latest transaction recorded on 13 Sep 2016. It also has a single Energy Performance Certificate (EPC) from 20 Jan 2016. 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.