Housing Market Analysis for DRAKE ROAD, RM16 6RX

Are you looking to understand RM16 6RX house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Thurrock postcode.

For the location information and nearby amenities in the RM16 6RX area, explore the RM16 6RX Area information page.
For comprehensive crime statistics in the RM16 6RX area, explore the RM16 6RX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM16 6RX postcode area, The average prices are as follows,

Flat
- The average price is around £113,538 median price is £114,998 Standard Deviation is £39,488 with Total Sold: 32
- The Last 5 Year average price is £167,000 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 1, DRAKE HOUSE DRAKE ROAD: £158,500 (Sold on 18 Nov 2022)
- The first recorded sale happened at this postcode is FLAT 9, DRAKE HOUSE DRAKE ROAD: £68,500 (Sold on 22 Mar 2001)
Other
- The average price is around £10,000 median price is £10,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is UNIT 5, ARMADA CENTRE DRAKE ROAD: £10,000 (Sold on 17 Oct 2018)
- The first recorded sale happened at this postcode is UNIT 5, ARMADA CENTRE DRAKE ROAD: £10,000 (Sold on 17 Oct 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average RM16 6RX house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£158,500	£2,686	1
2020	£171,250	£3,293	2
2018	£195,000	£3,900	1
2017	£162,000	£3,240	1
2016	£174,498	£3,086	2
2014	£121,875	£2,142	2
2013	£121,500	£2,337	1
2011	£103,000	£1,951	1
2008	£128,000	£3,200	1
2007	£123,748	£2,580	4
2006	£114,995	£2,211	1
2005	£144,995	£2,746	1
2004	£109,998	£2,095	2
2003	£99,995	£2,500	1
2001	£68,636	£1,385	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£10,000		1

All the Sales in the DRAKE ROAD, RM16 6RX

See the table below for more details on the sold house prices in the RM16 6RX, Thurrock postcode.

Address	Sold Date	Price	% Change
FLAT 1, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-2002	18 Nov 2022	£158,500	-14.32%
	30 Sep 2016	£184,995	54.16%
	17 Jun 2014	£120,000	73.91%
	28 Sep 2001	£69,000	First Sale
FLAT 10, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1996-2002	30 Sep 2020	£178,000	54.79%
	20 Jan 2006	£114,995	71.63%
	01 Oct 2001	£67,000	First Sale
FLAT 9, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1996-2002	16 Mar 2020	£164,500	35.39%
	01 Oct 2013	£121,500	-5.08%
	05 Oct 2007	£128,000	86.86%
	22 Mar 2001	£68,500	First Sale
UNIT 5, ARMADA CENTRE DRAKE ROADOther, Leasehold	17 Oct 2018	£10,000	First Sale
FLAT 6, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	13 Apr 2018	£195,000	20.37%
	08 Jun 2017	£162,000	40.87%
	23 Jan 2007	£115,000	9.52%
	16 Mar 2004	£105,000	52.17%
	19 Jun 2001	£69,000	First Sale
FLAT 7, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1996-2002	13 Sep 2016	£164,000	29.14%
	12 Apr 2007	£126,995	84.05%
	21 Sep 2001	£69,000	First Sale
FLAT 4, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	11 Jul 2014	£123,750	7.61%
	13 Aug 2004	£114,995	66.66%
	20 Apr 2001	£69,000	First Sale
FLAT 3, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 52.8 Sq.mtrAge: 1996-2002	05 Dec 2011	£103,000	-28.96%
	18 Feb 2005	£144,995	110.14%
	11 May 2001	£69,000	First Sale
FLAT 11, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 40 Sq.mtrAge: 1996-2002	15 Feb 2008	£128,000	28.01%
	17 Apr 2003	£99,995	44.92%
	28 Mar 2001	£69,000	First Sale
FLAT 8, DRAKE HOUSE DRAKE ROADFlat, LeaseholdArea: 39 Sq.mtrAge: 1991-1995	16 Jul 2007	£124,999	83.82%
	21 May 2001	£68,000	First Sale
FLAT 2, DRAKE HOUSE DRAKE ROADFlat, Leasehold	23 Aug 2001	£69,000	First Sale
FLAT 5, DRAKE HOUSE DRAKE ROADFlat, Leasehold	05 Jun 2001	£68,500	First Sale

Check out the sold house prices near the RM16 6RX postcode. Properties currently for saleProperties currently for rent

DRAKE ROAD, RM16 6RX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM16 6RX postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RM16 6RX postcode.

Detached
- The average price is around £279,685 median price is £262,000 Standard Deviation is £130,088 with Total Sold: 1,241
- The Last 5 Year average price is £502,743 with Total Sold: 133
- The most recent sale happened at this postcode is , 14 DOVE CLOSE: £642,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 6 WARREN HEIGHTS: £67,000 (Sold on 30 Jan 1995)
Flat
- The average price is around £133,896 median price is £132,500 Standard Deviation is £59,250 with Total Sold: 1,166
- The Last 5 Year average price is £218,126 with Total Sold: 134
- The most recent sale happened at this postcode is , 39 MERLIN CLOSE: £188,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 8 DUDLEY CLOSE: £54,995 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £180,509 median price is £170,995 Standard Deviation is £99,199 with Total Sold: 585
- The Last 5 Year average price is £385,619 with Total Sold: 42
- The most recent sale happened at this postcode is , 34 DANIEL CLOSE: £340,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 37 CAMDEN ROAD: £80,000 (Sold on 03 Mar 1995)
Terraced
- The average price is around £168,766 median price is £163,250 Standard Deviation is £87,246 with Total Sold: 1,320
- The Last 5 Year average price is £331,019 with Total Sold: 128
- The most recent sale happened at this postcode is , 17 CHESTER CLOSE: £350,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 50 DANIEL CLOSE: £76,995 (Sold on 06 Jan 1995)
Other
- The average price is around £964,250 median price is £225,000 Standard Deviation is £1,808,658 with Total Sold: 6
- The Last 5 Year average price is £150,833 with Total Sold: 3
- The most recent sale happened at this postcode is , 135 SACHFIELD DRIVE: £240,000 (Sold on 20 Nov 2020)
- The first recorded sale happened at this postcode is , GARAGE 33 AND PARKING SPACE 33 FOUNES DRIVE: £323,000 (Sold on 09 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£471,889	£4,085	9
2023	£530,000	£4,589	18
2022	£506,261	£4,851	23
2021	£532,139	£4,278	35
2020	£487,355	£4,055	31
2019	£453,000	£4,263	17
2018	£485,361	£4,093	18
2017	£458,614	£3,829	35
2016	£413,000	£3,873	26
2015	£399,759	£3,119	27
2014	£349,344	£2,748	21
2013	£334,295	£2,625	20
2012	£292,608	£2,801	23
2011	£287,440	£2,623	25
2010	£290,981	£2,556	27
2009	£253,729	£2,268	24
2008	£297,966	£2,434	21
2007	£313,031	£2,637	50
2006	£283,963	£2,597	63
2005	£307,274	£2,424	54
2004	£291,668	£2,415	80
2003	£260,927	£2,233	99
2002	£248,397	£1,980	154
2001	£205,877	£1,739	44
2000	£161,870	£1,496	71
1999	£151,221	£1,312	86
1998	£132,369	£1,225	34
1997	£96,247	£1,110	20
1996	£94,501	£909	38
1995	£96,616	£905	48

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£224,875	£4,235	8
2023	£218,636	£4,101	22
2022	£230,034	£4,107	27
2021	£216,290	£3,770	36
2020	£218,382	£3,442	17
2019	£204,583	£3,601	24
2018	£210,787	£3,691	19
2017	£212,104	£3,759	48
2016	£187,124	£3,892	48
2015	£161,243	£2,893	40
2014	£142,372	£3,090	43
2013	£141,249	£2,419	27
2012	£131,500	£2,331	14
2011	£125,262	£2,348	13
2010	£143,321	£2,583	14
2009	£142,850	£2,232	10
2008	£150,398	£2,860	18
2007	£143,450	£2,561	65
2006	£134,750	£2,454	55
2005	£139,910	£2,977	40
2004	£143,544	£2,509	113
2003	£139,326	£2,315	85
2002	£108,407	£1,892	72
2001	£76,043	£1,499	61
2000	£77,118	£1,561	97
1999	£60,725	£1,195	52
1998	£51,141	£1,058	22
1997	£44,583	£808	15
1996	£36,409	£834	29
1995	£43,805	£894	32

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£375,000		2
2023	£427,583	£5,930	6
2022	£414,357	£5,753	7
2021	£398,269	£5,347	13
2020	£366,250	£4,473	6
2019	£325,625	£4,389	8
2018	£330,112	£4,874	15
2017	£368,875	£4,092	12
2016	£311,220	£4,060	10
2015	£274,357	£3,819	14
2014	£254,875	£3,158	8
2013	£219,181	£2,905	11
2012	£194,328	£2,908	16
2011	£214,750	£2,809	16
2010	£195,174	£2,985	17
2009	£205,667	£2,633	9
2008	£195,045	£2,686	11
2007	£218,500	£2,889	20
2006	£195,197	£2,779	19
2005	£212,834	£2,607	35
2004	£196,967	£2,480	35
2003	£180,711	£2,402	42
2002	£155,352	£2,150	38
2001	£114,448	£1,593	27
2000	£102,134	£1,422	37
1999	£95,251	£1,302	46
1998	£85,286	£1,226	33
1997	£65,331	£984	9
1996	£64,134	£944	29
1995	£68,610	£1,017	34

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£306,250	£3,929	4
2023	£343,059	£5,556	17
2022	£377,659	£5,356	22
2021	£332,556	£4,818	32
2020	£311,652	£4,528	23
2019	£306,507	£4,280	30
2018	£294,820	£4,642	21
2017	£287,933	£4,413	30
2016	£287,125	£4,042	28
2015	£249,216	£3,672	30
2014	£212,599	£3,239	32
2013	£187,397	£2,950	34
2012	£182,979	£2,933	25
2011	£184,866	£2,731	28
2010	£184,044	£2,825	34
2009	£169,659	£2,793	25
2008	£197,585	£2,915	28
2007	£192,240	£2,991	56
2006	£180,477	£2,639	69
2005	£184,184	£2,725	66
2004	£172,884	£2,653	70
2003	£165,349	£2,457	72
2002	£146,930	£2,048	117
2001	£107,715	£1,699	66
2000	£96,306	£1,508	103
1999	£81,751	£1,264	92
1998	£69,562	£1,101	35
1997	£57,429	£926	27
1996	£54,996	£950	57
1995	£60,766	£996	47

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£225,000	£3,226	2
2019	£2,500		1
2018	£2,505,000		2
2016	£323,000		1

House Type in RM16 6RX area

The most common house types in the RM16 6RX postcode area are Detached (59), Terraced (38), and Flat (18).

Total	132
Detached	59
Terraced	38
Flat	18
Semi-detached	13
commercial building	4
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (69), and Owned: Owns outright (37).

Owned: Owns with a mortgage or loan	69
Owned: Owns outright	37
Private rented: Private landlord or letting agency	25
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM16 6RX have 2 people in household (31), and 3 people in household (30).

2 people in household	31
3 people in household	30
1 person in household	28
4 people in household	26
5 people in household	13
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0