38, Oxford Drive
38, Oxford Drive
Description & Estimates
38, Oxford Drive is recorded publicly as a modern leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 38, Oxford Drive is £614,558 and its rental estimate is £2,945 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
38, Oxford Drive has 21 entries in the Land Registry , most recently in February 2012 and a single entry in the EPC database dated November 2024.
We combine this information with that 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
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 38, Oxford Drive, we estimate a market value of £645,286 and a rental value of £3,092 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £571,539 and £2,739 per month respectively.
Recent Market Change
Over the last year, 38, Oxford Drive has seen its estimated sale value decrease by £4,958 (0.8%) and its estimated rental value grow by £174 per month (5.9%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
38, Oxford Drive has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2024.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 38, Oxford Drive completed on 29th February 2012 at £500,000 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 24.2% over the period since February 2012.
- Sold Feb 2012£500,000
- Sold May 2001£234,999
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Oxford Drive have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th September 2021, was 25, Oxford Drive, London, SE1 2FB, a leasehold flat which sold for £605,000.
Read more about house prices in SE1.
•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, 38, Oxford Drive comes out as the 25th largest and the 25th most expensive in our analysis of the public data.
It is also £14k 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
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Public Transport Nearby
From 38, 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.
