According to the public record, 44, Chaucer Drive, London is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Chaucer Drive, London, SE1 is located in the borough of Southwark within the SE1 postal district.
44, Chaucer Drive, London has 31 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated August 2022.
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 44 Chaucer Drive London as £298,010 and the rental value as £1,567 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 44 Chaucer Drive London has increased by £5,432 (1.8%) and its rental value has increased by £80 per month (5.1%).
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 44, Chaucer Drive, London is in very good condition we estimate a sale value of £312,911 and rental value of £1,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,150 and a rental value of £1,457 per month.
If you were able to purchase this property for the estimated value of £298,010, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,465 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 HM Land Registry, 44, Chaucer Drive, London was last sold on 01 Feb 2018 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2018, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Chaucer Drive, London within a radius of 330 metres over the last 2 years.
The most recent example is 42, Chaucer Drive, London, SE1 5TA, a Leasehold flat which sold for £290,000 in May 2024.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaucer Drive, London, SE1 has a total of 122 addresses. According to our analysis of all the public data, 44, Chaucer Drive, London is the 65th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £350k less expensive than the average property in SE1.
44, Chaucer Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 44, Chaucer Drive, London is Bermondsey station which is 1.2 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 44, Chaucer Drive, London, 55.3% of property is privately rented and 25.4% is privately owned with a mortgage.
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 44, Chaucer Drive, London, 17.6% of residents are recorded as possessing school level qualifications and 51.7% 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 44, Chaucer 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 44, Chaucer Drive, London, 1.0% 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 44, Chaucer Drive, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.