7 Drakes Way

    7, DRAKES WAY, RAYLEIGH, SS6 8BS

    This detached freehold property on Drakes Way last sold in September 2023 for £550,000. Based on price growth in the SS6 district since then, its estimated current value is £488,075 — placing it in the 78th percentile nationally and the 71st percentile within SS6. The property covers 85 m² (915 sq ft), giving an estimated value of £5,742 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £550,000

    Sept 2023

    Estimated Valuation

    £488,075

    Est. £/sq ft

    £533/sq ft

    £5,742/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Sept 2023

    £550,000

    15 Mar 2019

    £362,500

    16 Aug 2017

    £375,000

    Key Metrics

    Estimated valuation£488,075
    Value per sq ft / m²£533/sq ft (£5,742/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SS6 district percentile71st percentile
    National percentile78th percentile

    District Context — SS6

    SS6 covers parts of south Essex, situated in the Southend-on-Sea area and its surrounding neighbourhoods. It is characterised by established suburban and coastal communities with a mix of family homes and retirement properties.

    Average Property Price - SS6

    £432,249

    72

    National percentile

    Average Net Household Income - SS6

    £43,769

    72

    National percentile

    10-Year Annualised Price Growth - SS6

    3.8%

    60

    National percentile

    10-Year Annualised Rent Growth - SS

    3.9%

    53

    National percentile

    View full analysis for SS6

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