55, Cadet Drive
55, Cadet Drive
Description & Estimates
According to the public record, 55, Cadet Drive is a modern apartment with 416 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Cadet Drive is £278,898 and the estimated rental value is £1,598 per month.
Cadet Drive, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
55, Cadet Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2010.
We combine this information with public data 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
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 55, Cadet Drive is in very good condition we estimate a sale value of £292,842 and a rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,375 and a rental value of £1,486 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 55, Cadet Drive has moved down by £3,023 (1.1%), while its estimated rental value has increased by £97 per month (6.0%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
55, Cadet Drive has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jan 2010.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 55, Cadet Drive was last sold on 6th November 2003 for £159,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
- Sold Nov 2003£159,000
- Sold Sep 1997£69,250
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Cadet Drive within a radius of 280 metres over the last 2 years.
The most recent example is 116, Oxley Close, London, SE1 5HP, a leasehold flat which sold for £295,000 on the 10th December 2024.
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
Cadet Drive, London, SE1 has a total of 63 addresses. According to our analysis of all the public data, 55, Cadet Drive is the 57th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £349k less expensive than the average property in SE1.
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
The closest station to 55, Cadet Drive is Bermondsey station, which is 1.1 kilometres away.
- 1.1kmBermondsey
- 1.1kmSouth Bermondsey
- 1.6kmSurrey Quays
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.
