18, Chaucer Drive
18, Chaucer Drive
Description & Estimates
The public record describes 18, Chaucer Drive as a modern apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
18, Chaucer Drive has an estimated sale value of £321,096 and an estimated rental value of £1,866 per month, assuming reasonable condition and based on the information available.
Chaucer Drive, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
18, Chaucer Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 18, Chaucer Drive would be worth £337,151, with a potential rental value of £1,959 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £298,619, with a rental value of £1,735 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Chaucer Drive has decreased by £2,591 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £110 (5.9%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
18, Chaucer Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
18, Chaucer Drive last changed hands on 25th June 1999, selling for £69,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jun 1999£69,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of 18, Chaucer Drive across the last 2 years.
Most recently, 88, Chaucer Drive, London, SE1 5RG, a leasehold flat, sold at £362,000 on the 2nd October 2024.
Read more about house prices in SE1.
- Sold Oct 2024£362,000 | 1 Bed Flat88, Chaucer Drive, London, SE1 5RG88, Chaucer Drive, London, SE1 5RG
- Sold May 2024£290,000 | 1 Bed Flat42, Chaucer Drive, London, SE1 5TA42, Chaucer Drive, London, SE1 5TA
- Sold Apr 2024£296,995 | 1 Bed Flat11, Wordsworth Road, London, SE1 5TX11, Wordsworth Road, London, SE1 5TX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 18, Chaucer Drive as the 58th largest and the 57th most expensive of the 122 addresses on Chaucer Drive, London, SE1.
Against the SE1 postcode district average, it is £307k less expensive than the typical property.
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Schools Nearby
- 500mBoutcher Church of England Primary School
- 600mPhoenix Primary School
- 600mSurrey Square Primary School
- 400mHarris Academy Bermondsey
- 500mArk Walworth Academy
- 600mCity of London Academy (Southwark)
More reading links
Public Transport Nearby
Bermondsey station is the nearest stop to 18, Chaucer Drive at 1.2 kilometres away.
- 1.2kmBermondsey
- 1.4kmSouth Bermondsey
- 1.8kmElephant & Castle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
