23 Cadet Drive, London, SE1 5RT is a leasehold flat built between 1991-1995. The property offers approximately 452 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £256,987 , which equates to approximately £568 per square foot. It was last sold on 19 Dec 1996 for £39,000. Since then, the value has increased by £217,987, representing a 558.9% increase, or approximately 19.3% per year.

The current estimated value of £256,987 is:

  • 35.4% lower than the average property price on Cadet Drive
  • 27.6% lower than the average in the SE1 5RT postcode area
  • and 70.6% lower than the average price for London as a whole

View sold house prices in SE1 5RT

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
452 sq ft
Tenure
Leasehold
Price (estimate)
£256,987
Price Per sq ft (estimate)
£568
Bedroom Count (estimate)
1 bedroom

EPC Summary

23 Cadet Drive, London, Southwark, Greater London Authority, SE1 5RT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 May 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jun 2009. The rating of D is unchanged, though the energy efficiency score decreased by 13.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from cavity wall, with internal insulation to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE1 5RT

27 th / 28
Price Rank
28% lower than average
18 th / 23
Size Rank
22% smaller than average
16 th / 23
Price Per Sq FT Rank
7% lower than average

Compared to other properties in SE1 5RT , this flat's estimated value ranks 27th out of 28. Based on price per square foot, it ranks 16th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 18th out of 23 properties in its postcode area.

Sale History

Today
£256,987
streetscan.co.uk estimate
+559 %
19 Dec 1996
£39,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £275,000
sale date: 12 Mar 2024
rooms: 3
size: 452 sq ft
sale price: £325,000
sale date: 13 Feb 2015
rooms: 3
size: 463 sq ft
sale price: £235,000
sale date: 6 Sep 2013
rooms: 2
size: 442 sq ft
sale price: £175,000
sale date: 12 Jul 2012
rooms: 2
size: 441 sq ft
sale price: £168,000
sale date: 25 Mar 2010

Data Sources

The property at 23 Cadet Drive, London, Southwark, Greater London Authority, SE1 5RT appears once in the Land Registry records, with the transaction recorded on 19 Dec 1996. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 May 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.