Sold STC Terraced

56 DRAKES DRIVE

STEVENAGE, HERTFORDSHIRE SG2 0EZ

2 beds 1 baths 753 sq ft Listed 13 Mar 2024 (-829d)

£280,000

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Front Living/Dining Room Living/Dining Room Living/Dining Room Kitchen Kitchen Bedroom 1 Bedroom 1 Bedroom 2 Bathroom Garden Garden

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Property details

Tenure

FREEHOLD

Floor area

70 m²

EPC rating

C

Year built

England and Wales: 1967-1975

Last sold

£273,000 Apr 2025

Price per m²

£4,000/m²

Local average

£339,992 (-17.6%)

Deprivation

Decile 6 (17,076 of 33,755)

Street crime

206 incidents within 1 mile (Apr 2026)

Key features

  • Chain Free
  • Two Double Bedrooms
  • Terraced House
  • Freehold
  • Council Tax Band of C
  • Newly Installed Loft Installation
  • Bursting with Potential
  • Chells Area

Additional details

Parking
Yes
Garden
Yes

Description

CHAIN FREE | Two Double Bedrooms | Living/Dining Room | Valid EICR (electrical installation condition report) | Newly Insulated Loft

Offered to the market CHAIN FREE is a spacious two double bedroom terraced house in the sought after Chells area of Stevenage.

The property is ideally situated for local schooling, both primary and secondary, local amenities and bus routes into Stevenage Town Centre and Train Station.

The property comprises an entrance hall, living/dining room, separate kitchen with appliances, master bedroom with storage, second double bedroom with storage and family bathroom.

Externally a rear garden benefits from a wooden storage shed and side gate access. To the front is communal parking bays and on road parking.

We are in receipt of a recent damp survey at the property which is available upon request.

The council tax band is a C with Stevenage Borough Council.

Entrance Hall - 3.46m x 1.86m (11'4" x 6'1") - Entrance via UPVC door, wooden effect laminate flooring, under stair storage cupboard, door to kitchen, door to living/dining room, stairs to first floor.

Living/Dining Room - 6.63m x 3.39m (21'9" x 11'1") - Double glazed window to front aspect, double glazed window to rear aspect, wooden effect laminate flooring, radiator, chimney breast, door to kitchen, door to entrance hall.

Kitchen - 3.07m x 2.40m (10'1" x 7'10") - Double glazed window to rear aspect, wooden back door, range of wall and base units with counter top, stainless steel sink with drainer, tiled walls, tiled flooring, freestanding gas hob/oven with extractor over, freestanding washing machine, freestanding fridge/freezer, door to entrance hall.

Landing - 3.23m x 2.04m (10'7" x 6'8") - Carpet, loft hatch access, doors to bedrooms and bathroom.

Bedroom 1 - 2.00m x 4.33m (6'7" x 14'2") - Double glazed window to front aspect, carpet, radiator, storage cupboard, storage cupboard over stairs.

Bedroom 2 - 3.74m x 3.16m (12'3" x 10'4") - Double glazed window to rear aspect, carpet, radiator, airing cupboard, storage cupboard.

Bathroom - 1.65m x 2.04m (5'5" x 6'8") - Double glazed window to rear aspect, panel bath with mixer taps and shower hose, wash hand basin, WC, tiled walls, vinyl flooring, newly fitted extractor fan.

Garden - Patio area, patio pathway, grassed area, mature trees, shrubbery, wooden built storage shed, side gate access.

Disclaimer - 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Mather Estates has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Mather Estates has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Listed by

Stevenage

Mather Marshall

Reference: 145672310

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 15/11/2017

Expiry date: 14/11/2027

Current heating cost: £505/year

Potential heating cost: £361/year

Recommendations

  • Cavity wall insulation (1,500)
  • Floor insulation (suspended floor) (1,200)
  • Solar water heating (6,000)
  • Solar photovoltaic panels, 2.5 kWp (8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Property Floorplan

Property Floorplan

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Sold 07/04/2025 (1 year ago) £273,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
18 BRUNEL ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0AA £340,000 19/12/2025 Terraced
46 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EG £335,000 21/11/2025 Terraced
46 FAWCETT ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0EJ £306,500 13/11/2025 Terraced
215 CHELLS WAY, STEVENAGE, HERTFORDSHIRE, SG2 0LY £340,000 27/10/2025 Terraced
32 STANLEY ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0EF £320,000 28/07/2025 Terraced
34 COOK ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0ET £290,000 17/01/2025 Terraced
19 LIVINGSTONE LINK, STEVENAGE, HERTFORDSHIRE, SG2 0EP £337,000 17/11/2023 Terraced
Same street 67 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0EZ £356,000 09/11/2023 Semi-detached
30 NEWTON ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0BU £310,000 09/11/2023 Terraced
8 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EQ £362,000 28/09/2023 Terraced
27 HUDSON ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0ER £350,000 16/08/2023 Terraced
Same street 47 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0EZ £303,000 26/04/2023 Semi-detached
109 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0HA £370,000 24/02/2023 Terraced
34 LIVINGSTONE LINK, STEVENAGE, HERTFORDSHIRE, SG2 0EP £300,000 25/01/2023 Terraced
64 FAWCETT ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0EH £410,000 11/11/2022 Terraced
183 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EA £311,000 07/11/2022 Terraced
45 TELFORD AVENUE, CHELLS, STEVENAGE, HERTFORDSHIRE, SG2 0AE £370,000 31/10/2022 Terraced
1 TELFORD AVENUE, CHELLS, STEVENAGE, HERTFORDSHIRE, SG2 0AE £415,000 27/10/2022 Terraced
30 COOK ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0ET £305,000 19/10/2022 Terraced
95 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0HA £350,000 13/10/2022 Terraced
199 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EA £355,000 03/10/2022 Terraced
197 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EA £400,000 16/09/2022 Terraced

Street average: £329,500 (2 sales)

Area average: £343,825 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 11.3%
10y growth 41.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Stevenage. Series: Terraced. As of March 2026.

1y (index) 1.9%
5y (index) 15.1%
10y (index) 34%

Rental Range

Estimated market rent for Stevenage. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,279/mo
Realistic £1,421/mo
Optimistic £1,563/mo

Based on Local Authority from postcode lookup → Stevenage.

LHA (30th percentile) floor for Stevenage & North Herts: £972/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Hudson Road 0.1 miles
Shop Anne Marie 0.1 miles
Shop Gill's Stores 0.1 miles
Bus stop Nobel School 0.2 miles
Train station Stevenage 1.6 miles
Train station Knebworth 3.2 miles
Hospital Unknown 4.6 miles
University University of Bedfordshire : Putteridge Bury Campus 8.7 miles
University University of Hertfordshire 10.4 miles
Hospital Widecombe Nursing Home 11.0 miles

Street-level crime

Category Count
Violence and sexual offences 100
Anti-social behaviour 28
Vehicle crime 20
Criminal damage and arson 14
Other theft 12
Shoplifting 8
Burglary 5
Other crime 5
Public order 4
Drugs 3
Bicycle theft 2
Robbery 2
Theft from the person 2
Possession of weapons 1
Total incidents 206

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
The Nobel School Secondary 0.2 miles Good — 22 Mar 2018
Lodge Farm Primary School Primary 0.2 miles Requires improvement — 13 Dec 2022
Moss Bury Primary School and Nursery Primary 0.4 miles Good — 14 Feb 2013
Stevenage Education Support Centre Other 0.4 miles Outstanding — 16 Jun 2024
Camps Hill Primary School Primary 0.4 miles Good — 14 May 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Chepstow Close, SG1 £1,700/mo 2 0.35 miles OpenRent
2 Bed Semi-Detached House, Wetherby Close, SG1 £1,550/mo 2 0.37 miles OpenRent

Average rent: £1,625/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%
Max investor price (0.8%) £203,125
Target investor price (1%) £162,500
Gross yield 7%
Cost-to-rent ratio 14.4×
Monthly cashflow £335/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).