59, Cadet Drive
59, Cadet Drive
Description & Estimates
The public record describes 59, Cadet Drive as a modern house with 462 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
59, Cadet Drive has an estimated sale value of £417,487 and an estimated rental value of £2,387 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
59, Cadet Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
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
In very good condition, we estimate 59, Cadet Drive would be worth £438,361, with a potential rental value of £2,506 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £388,262, with a rental value of £2,220 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 59, Cadet Drive has moved down by £9,154 (2.2%) over the last year. During the same period, its estimated monthly rental value has increased by £109 (4.6%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
59, Cadet Drive has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
59, Cadet Drive last changed hands on 22nd February 2002, selling for £120,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold 3 times since 1995.
- Sold Feb 2002£120,000
- Sold Jun 2000£94,800
- Sold Mar 1998£58,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of 59, Cadet Drive across the last 2 years.
Most recently, 53, Cadet Drive, London, SE1 5RU, a leasehold house, sold at £350,000 on the 6th 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
Our analysis of the public data ranks 59, Cadet Drive as the 43rd largest and the 24th most expensive of the 63 addresses on Cadet Drive, London, SE1.
Against the SE1 postcode district average, it is £211k less expensive than the typical property.
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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
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Public Transport Nearby
Bermondsey station is the nearest stop to 59, 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.
