SE1 5RE is a residential postcode situated on Bushwood Drive, London, SE1 with 37 addresses.
It ranks as the 1191st largest and 373rd most expensive of the 1,632 postcodes in the SE1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 20 houses and 17 flats.
SE1 5RE is a residential postcode situated on Bushwood Drive, London, SE1 with 37 addresses.
It ranks as the 1191st largest and 373rd most expensive of the 1,632 postcodes in the SE1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 20 houses and 17 flats.
Sale prices range from £250,478 for 1 bedroom leasehold flats (398 ft2) to £857,727 for 4 bedroom freehold houses with a garden (1,700 ft2) .
Monthly rental prices range from £1,432 pcm for 1 bed flats to £4,191 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 6.9%.
The average value per square foot is £571.
The last sale in SE1 5RE sold for £815,000 on 19th September 2024. Since then prices are down an average of 3.8%.
The current average value in the postcode is £514,307.
The SE1 5RE Sales Market has decreased by 0.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £514,307 |
| April 2025 | -0.5% | £533,501 |
| April 2024 | -1% | £536,140 |
| April 2023 | 1.6% | £541,351 |
| April 2022 | 2.2% | £532,588 |
| April 2021 | -0.3% | £521,109 |
| April 2020 | 3.4% | £522,454 |
| April 2019 | -1.5% | £505,047 |
| April 2018 | -2.6% | £512,717 |
| April 2017 | 1.5% | £526,257 |
| April 2016 | 9.5% | £518,603 |
| April 2015 | 11% | £473,817 |
| April 2014 | 23.3% | £426,968 |
| April 2013 | 12.4% | £346,383 |
| April 2012 | 3.6% | £308,125 |
| April 2011 | 3.6% | £297,463 |
| April 2010 | 10.9% | £287,042 |
| April 2009 | -13.5% | £258,874 |
| April 2008 | 6.4% | £299,372 |
| April 2007 | 0% | £281,381 |
The current average rental value in the postcode is £2,659.
The SE1 5RE Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.5% | £2,659pcm |
| April 2025 | 2.2% | £2,520pcm |
| April 2024 | 4.7% | £2,465pcm |
| April 2023 | 15.2% | £2,354pcm |
| April 2022 | 17.8% | £2,043pcm |
| April 2021 | -7.8% | £1,734pcm |
| April 2020 | 3.2% | £1,880pcm |
| April 2019 | 1.4% | £1,821pcm |
| April 2018 | 1.4% | £1,797pcm |
| April 2017 | -1.5% | £1,772pcm |
| April 2016 | 3.1% | £1,799pcm |
| April 2015 | 7.4% | £1,744pcm |
| April 2014 | 1.5% | £1,624pcm |
| April 2013 | 2.3% | £1,600pcm |
| April 2012 | 9.3% | £1,564pcm |
| April 2011 | 8.5% | £1,431pcm |
| April 2010 | 2.8% | £1,319pcm |
| April 2009 | -10.1% | £1,283pcm |
| April 2008 | 11% | £1,428pcm |
| April 2007 | 0% | £1,286pcm |
The last sale was on 19th September 2024 for £815,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 65 sales since 1995.
SE1 5RE has seen 4 sales in the last three years and no sales in the last twelve months.
SE1 5RE is the 1191st largest and the 373rd most expensive postcode out of the 1,632 postcodes in the SE1 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SE1 5RE, 54.2% of property is privately rented and 20.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SE1 5RE, 17.7% of residents are recorded as possessing school level qualifications and 60.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SE1 5RE, the average age was 35 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SE1 5RE, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SE1 5RE, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.