15, Oxford Drive
15, Oxford Drive
Description & Estimates
15, Oxford Drive appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 752 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 15, Oxford Drive is £596,278 and its rental estimate is £2,882 per month, given the available information and assuming reasonable condition.
Oxford Drive, London, SE1 falls within the SE1 postal district, in the borough of Southwark.
Our Data Sources
15, Oxford Drive has 21 entries in the Land Registry , most recently in November 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Oxford Drive, we estimate a market value of £626,092 and a rental value of £3,026 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £554,538 and £2,680 per month respectively.
Recent Market Change
Over the last year, 15, Oxford Drive has seen its estimated sale value move down by £4,811 (0.8%) and its estimated rental value increase by £170 per month (5.9%). This results in an estimated gross rental yield of 5.8%.
Sold Prices
The most recent sale of 15, Oxford Drive completed on 3rd November 2008 at £384,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 41.0% over the period since November 2008.
- Sold Nov 2008£384,000
- Sold Feb 2001£219,999
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Oxford Drive have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th November 2023, was 27, Oxford Drive, London, SE1 2FB, a leasehold flat which sold for £620,000.
Read more about house prices in SE1.
- Sold Nov 2023£620,000 | 2 Bed Flat27, Oxford Drive, London, SE1 2FB27, Oxford Drive, London, SE1 2FB
- Sold Nov 2022£585,000 | 2 Bed Flat2, Oxford Drive, London, SE1 2FB2, Oxford Drive, London, SE1 2FB
- Sold Sep 2021£605,000 | 2 Bed Flat25, Oxford Drive, London, SE1 2FB25, Oxford Drive, London, SE1 2FB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Oxford Drive, London, SE1, 15, Oxford Drive comes out as the 32nd largest and the 32nd most expensive in our analysis of the public data.
It is also £32k less expensive than the average property across the SE1 district.
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Schools Nearby
- 300mSnowsfields Primary School
- 500mTower Bridge Primary School
- 700mSaint Joseph's Catholic Primary School, the Borough
- 1.1kmSt Saviour's and St Olave's Church of England School
- 1.1kmHaberdashers' Borough Academy
- 1.2kmSt Michael's Catholic College
More reading links
Public Transport Nearby
From 15, Oxford Drive, the nearest station is London Bridge, 200 metres away.
- 200mLondon Bridge
- 800mMonument
- 800mBorough
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
