38, Cadet Drive
38, Cadet Drive
Description & Estimates
Public records show 38, Cadet Drive to be a modern leasehold apartment with 387 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
38, Cadet Drive has an estimated sale value of £268,387 and an estimated rental value of £1,538 per month, assuming reasonable condition and based on the information available.
Cadet Drive, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
38, Cadet Drive has 41 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 38, Cadet Drive would be worth £281,806, with a potential rental value of £1,615 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £249,600, with a rental value of £1,430 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 38, Cadet Drive has fallen by £2,909 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £93 (6.0%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
38, Cadet Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
38, Cadet Drive last changed hands on 30th July 2021, selling for £275,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 25.6% since July 2021.
- Sold Jul 2021£275,000
- Sold Oct 2013£190,000
- Sold Oct 2005£136,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of 38, Cadet Drive across the last 2 years.
Most recently, 4, Carpenters Arms Apartments 28, Welsford Street, London, SE1 5RA, a leasehold flat, sold at £235,000 on the 7th July 2025.
Read more about house prices in SE1.
- Sold Jul 2025£235,000 | 1 Bed FlatCarpenters Arms Apartments 28, Welsford Street4, Carpenters Arms Apartments 28, Welsford Street, London, SE1 5RA
- Sold Nov 2024£285,000 | 1 Bed FlatCadet Drive39, Cadet Drive, London, SE1 5RU
- Sold Apr 2024£340,000 | 1 Bed FlatOxley Close104, Oxley Close, London, SE1 5HP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 38, Cadet Drive as the 60th largest and the 60th most expensive of the 63 addresses on Cadet Drive, London, SE1.
Against the SE1 postcode district average, it is £360k less expensive than the typical property.
More reading links
Schools Nearby
- 400mPhoenix Primary School
- 600mJohn Keats Primary School
- 600mBoutcher Church of England Primary School
- 300mCity of London Academy (Southwark)
- 500mHarris Academy Bermondsey
- 600mArk Walworth Academy
More reading links
Public Transport Nearby
Bermondsey station is the nearest stop to 38, Cadet Drive at 1.1 kilometres away.
- 1.1kmBermondsey
- 1.1kmSouth Bermondsey
- 1.6kmSurrey Quays
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.
