According to the public record, 41, Cadet Drive, London is a modern leasehold house with 473 ft2 of internal area and sits on a 3,565 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Cadet Drive, London, SE1 is located in the borough of Southwark within the SE1 postal district.
41, Cadet Drive, London has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated May 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 41 Cadet Drive London as £400,228 and the rental value as £2,104 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 41 Cadet Drive London has increased by £5,282 (1.3%) and its rental value has increased by £96 per month (4.6%).
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 41, Cadet Drive, London is in very good condition we estimate a sale value of £420,240 and rental value of £2,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,212 and a rental value of £1,957 per month.
If you were able to purchase this property for the estimated value of £400,228, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,967 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 41, Cadet Drive, London sits on a plot of 3565m2.
We have plot size data on 12 out of 18 other houses in the postcode and 41, Cadet Drive, London sits on the largest plot.
According to HM Land Registry, 41, Cadet Drive, London was last sold on 10 Feb 2021 for £373,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Cadet Drive, London within a radius of 290 metres over the last 2 years.
The most recent example is 21, Chaucer Drive, London, SE1 5TA, a Leasehold house which sold for £400,000 in Dec 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cadet Drive, London, SE1 has a total of 63 addresses. According to our analysis of all the public data, 41, Cadet Drive, London is the 39th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in SE1.
41, Cadet Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 41, Cadet Drive, London is Bermondsey station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Cadet Drive, London, 42.0% of property is privately rented and 29.9% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 41, Cadet Drive, London, 21.2% of residents are recorded as possessing school level qualifications and 42.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 41, Cadet Drive, London, the average age was 35 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 41, Cadet Drive, London, 0.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 41, Cadet Drive, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.