24, Chaucer Drive
24, Chaucer Drive
Description & Estimates
According to the public record, 24, Chaucer Drive is a modern apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Chaucer Drive is £321,096 and the estimated rental value is £1,866 per month.
Chaucer Drive, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
24, Chaucer Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2020.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 24, Chaucer Drive is in very good condition we estimate a sale value of £337,151 and a rental value of £1,959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,619 and a rental value of £1,735 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Chaucer Drive has decreased by £2,591 (0.8%), while its estimated rental value has grown by £110 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
24, Chaucer Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 24, Chaucer Drive was last sold on 19th June 1997 for £56,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Jun 1997£56,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Chaucer Drive within a radius of 330 metres over the last 2 years.
The most recent example is 88, Chaucer Drive, London, SE1 5RG, a leasehold flat which sold for £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.
More reading links
Location Comparison
Chaucer Drive, London, SE1 has a total of 122 addresses. According to our analysis of all the public data, 24, Chaucer Drive is the 57th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in SE1.
More reading links
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
The closest station to 24, Chaucer Drive is Bermondsey station, which is 1.2 kilometres away.
- 1.2kmBermondsey
- 1.4kmSouth Bermondsey
- 1.8kmElephant & Castle
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
