Housing Market Analysis for CADET DRIVE, SE1 5RT

Are you looking to understand SE1 5RT house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Southwark postcode.

For the location information and nearby amenities in the SE1 5RT area, explore the SE1 5RT Area information page.
For comprehensive crime statistics in the SE1 5RT area, explore the SE1 5RT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE1 5RT postcode area, The average prices are as follows,

Flat
- The average price is around £156,988 median price is £145,000 Standard Deviation is £91,483 with Total Sold: 39
- The Last 5 Year average price is £440,000 with Total Sold: 2
- The most recent sale happened at this postcode is 32 CADET DRIVE: £440,000 (Sold on 11 Oct 2023)
- The first recorded sale happened at this postcode is 28 - 33 CADET DRIVE: £39,950 (Sold on 07 Jun 1996)
Detached
- The average price is around £720,000 median price is £720,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £720,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2 CADET DRIVE: £720,000 (Sold on 02 Dec 2019)
- The first recorded sale happened at this postcode is 2 CADET DRIVE: £720,000 (Sold on 02 Dec 2019)
Terraced
- The average price is around £204,583 median price is £127,500 Standard Deviation is £176,420 with Total Sold: 6
- The Last 5 Year average price is £434,000 with Total Sold: 2
- The most recent sale happened at this postcode is 5 CADET DRIVE: £528,000 (Sold on 31 May 2019)
- The first recorded sale happened at this postcode is 9 CADET DRIVE: £340,000 (Sold on 16 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SE1 5RT house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£440,000	£6,667	2
2016	£295,000	£5,587	1
2015	£252,500	£7,683	2
2013	£235,000	£5,465	1
2012	£175,000	£4,258	1
2010	£167,000	£4,047	2
2008	£168,500	£3,767	2
2007	£226,000	£3,359	2
2006	£148,315	£4,014	3
2004	£144,900	£2,680	5
2003	£153,312	£2,608	4
2002	£143,500	£2,562	1
2001	£102,080	£2,120	5
2000	£73,000	£1,731	2
1999	£67,750	£1,183	2
1998	£72,500	£1,295	1
1996	£39,650	£787	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£720,000	£6,545	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£528,000	£7,233	1
2002	£180,000		1
1999	£75,000	£1,840	1
1997	£53,000	£1,233	1
1995	£51,500	£1,198	1
2024	£340,000		1

All the Sales in the CADET DRIVE, SE1 5RT

See the table below for more details on the sold house prices in the SE1 5RT, Southwark postcode.

Address	Sold Date	Price	% Change
32 CADET DRIVEFlat, LeaseholdArea: 66 Sq.mtrAge: 1983-1990	11 Oct 2023	£440,000	0.0
32 CADET DRIVEFlat, LeaseholdArea: 66 Sq.mtrAge: 1983-1990	11 Oct 2023	£440,000	First Sale
2 CADET DRIVEDetached, FreeholdArea: 110 Sq.mtrAge: 1991-1995	02 Dec 2019	£720,000	First Sale
5 CADET DRIVETerraced, FreeholdArea: 73 Sq.mtrAge: 1983-1990	31 May 2019	£528,000	First Sale
30 CADET DRIVEFlat, LeaseholdArea: 52.8 Sq.mtrAge: 1983-1990	11 Mar 2016	£295,000	First Sale
28 - 33 CADET DRIVEFlat, Freehold	15 Apr 2015	£180,000	8.43%
	30 Jul 2010	£166,000	-5.14%
	07 Mar 2008	£175,000	25.90%
	29 Oct 2004	£139,000	4.12%
	26 Mar 2004	£133,500	234.17%
	07 Jun 1996	£39,950	First Sale
17 CADET DRIVEFlat, LeaseholdArea: 42.3 Sq.mtrAge: 1991-1995	13 Feb 2015	£325,000	291.57%
	13 Jul 2000	£83,000	First Sale
18 CADET DRIVEFlat, LeaseholdArea: 43 Sq.mtrAge: 1983-1990	06 Sep 2013	£235,000	45.06%
18 CADET DRIVEFlat, LeaseholdArea: 43 Sq.mtrAge: 1983-1990	19 Sep 2008	£162,000	First Sale
25 CADET DRIVEFlat, LeaseholdArea: 41.1 Sq.mtrAge: 1983-1990	12 Jul 2012	£175,000	6.06%
	02 Oct 2006	£164,995	23.13%
	04 Apr 2003	£134,000	First Sale
19 CADET DRIVEFlat, LeaseholdArea: 41.51 Sq.mtrAge: 1991-1995	25 Mar 2010	£168,000	75.09%
	11 Jul 2001	£95,950	First Sale
13 CADET DRIVEFlat, Leasehold	20 Aug 2007	£190,000	26.71%
13 CADET DRIVEFlat, Leasehold	18 Aug 2006	£149,950	First Sale
20 CADET DRIVEFlat, LeaseholdArea: 78 Sq.mtrAge: 1983-1990	20 Aug 2007	£262,000	231.65%
20 CADET DRIVEFlat, LeaseholdArea: 78 Sq.mtrAge: 1983-1990	26 Feb 1999	£79,000	First Sale
16 CADET DRIVEFlat, Leasehold	31 May 2006	£130,000	First Sale
15 CADET DRIVEFlat, LeaseholdArea: 78.59 Sq.mtrAge: 1983-1990	07 Oct 2004	£180,000	First Sale
12 CADET DRIVEFlat, LeaseholdArea: 43.83 Sq.mtrAge: 1996-2002	31 Aug 2004	£145,000	58.47%
	26 Feb 2001	£91,500	First Sale
10 CADET DRIVEFlat, LeaseholdArea: 52 Sq.mtrAge: 1996-2002	05 Apr 2004	£127,000	36.56%
10 CADET DRIVEFlat, LeaseholdArea: 52 Sq.mtrAge: 1996-2002	06 Mar 2001	£93,000	First Sale
21 CADET DRIVEFlat, LeaseholdArea: 74 Sq.mtrAge: 1983-1990	24 Oct 2003	£168,000	First Sale
27 CADET DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 1976-1982	12 Sep 2003	£165,000	First Sale
6 CADET DRIVEFlat, FreeholdArea: 56 Sq.mtrAge: 1991-1995	11 Jul 2003	£146,250	1.92%
	08 Feb 2002	£143,500	97.93%
	27 Nov 1998	£72,500	First Sale
4 CADET DRIVETerraced, Freehold	26 Feb 2002	£180,000	First Sale
11 CADET DRIVEFlat, LeaseholdArea: 44.346 Sq.mtrAge: 1991-1995	31 Oct 2001	£100,000	First Sale
33 CADET DRIVEFlat, LeaseholdArea: 61 Sq.mtrAge: 1976-1982	26 Feb 2001	£129,950	First Sale
28 CADET DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 1991-1995	26 May 2000	£63,000	First Sale
7 CADET DRIVETerraced, FreeholdArea: 40.77 Sq.mtrAge: 1983-1990	25 Jun 1999	£75,000	41.51%
	30 Jan 1997	£53,000	2.91%
	13 Sep 1995	£51,500	First Sale
22 CADET DRIVEFlat, LeaseholdArea: 41.76 Sq.mtrAge: 1983-1990	16 Apr 1999	£56,500	First Sale
23 CADET DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 1991-1995	19 Dec 1996	£39,000	First Sale
10 - 15 CADET DRIVEFlat, LeaseholdArea: 44.346 Sq.mtrAge: 1991-1995	14 Jun 1996	£40,000	First Sale
9 CADET DRIVETerraced, Freehold	16 Apr 2024	£340,000	First Sale

Check out the sold house prices near the SE1 5RT postcode. Properties currently for saleProperties currently for rent

CADET DRIVE, SE1 5RT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE1 5RT postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SE1 5RT postcode.

Terraced
- The average price is around £322,119 median price is £250,000 Standard Deviation is £235,300 with Total Sold: 1,307
- The Last 5 Year average price is £672,278 with Total Sold: 188
- The most recent sale happened at this postcode is , 18 STRATHNAIRN STREET: £690,000 (Sold on 26 Sep 2024)
- The first recorded sale happened at this postcode is , 266 OLD KENT ROAD: £77,500 (Sold on 09 Jan 1995)
Semi-Detached
- The average price is around £329,351 median price is £233,750 Standard Deviation is £341,793 with Total Sold: 154
- The Last 5 Year average price is £863,088 with Total Sold: 17
- The most recent sale happened at this postcode is , 26 LONGLEY STREET: £950,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 60 CADET DRIVE: £48,500 (Sold on 28 Apr 1995)
Other
- The average price is around £2,358,856 median price is £373,000 Standard Deviation is £7,459,980 with Total Sold: 93
- The Last 5 Year average price is £2,783,510 with Total Sold: 42
- The most recent sale happened at this postcode is FLAT 3, 549 OLD KENT ROAD: £373,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is 28, CHEVRON APARTMENTS, 294 ST JAMES'S ROAD: £3,500,000 (Sold on 19 Dec 2013)
Flat
- The average price is around £214,114 median price is £177,500 Standard Deviation is £143,225 with Total Sold: 2,615
- The Last 5 Year average price is £371,825 with Total Sold: 371
- The most recent sale happened at this postcode is , 10A DUNTON ROAD: £450,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 19 GOODWIN CLOSE: £17,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £371,000 median price is £330,000 Standard Deviation is £208,613 with Total Sold: 15
- The Last 5 Year average price is £732,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 157 LYNTON ROAD: £745,000 (Sold on 01 Sep 2021)
- The first recorded sale happened at this postcode is , 51 HENLEY DRIVE: £80,000 (Sold on 12 May 1997)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£707,700	£7,386	15
2023	£687,154	£7,609	26
2022	£644,569	£8,729	23
2021	£664,782	£8,235	46
2020	£694,000	£7,380	32
2019	£658,557	£7,588	46
2018	£642,053	£7,702	19
2017	£619,091	£7,396	22
2016	£592,358	£7,839	30
2015	£571,806	£6,854	39
2014	£513,979	£6,285	31
2013	£371,051	£5,114	36
2012	£354,103	£4,497	45
2011	£348,640	£4,753	39
2010	£381,459	£4,088	37
2009	£290,545	£3,655	11
2008	£316,260	£4,160	24
2007	£311,822	£4,296	55
2006	£284,738	£3,421	51
2005	£241,864	£3,195	59
2004	£223,405	£2,971	77
2003	£227,095	£2,812	47
2002	£216,488	£2,609	73
2001	£203,211	£2,363	103
2000	£179,141	£2,067	64
1999	£118,129	£1,619	52
1998	£102,391	£1,368	44
1997	£79,568	£1,075	45
1996	£78,869	£1,152	77
1995	£68,986	£961	39

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£907,500		2
2023	£750,000	£7,346	4
2022	£641,250	£6,560	2
2021	£686,667	£7,311	6
2020	£1,860,000	£7,156	2
2019	£735,000	£5,485	1
2017	£936,250	£8,069	2
2016	£936,500	£6,325	3
2015	£473,667	£7,249	3
2014	£619,000	£6,206	4
2012	£408,750	£3,693	4
2011	£383,750	£3,864	4
2010	£433,667	£3,785	6
2009	£221,983	£3,567	3
2008	£508,333	£4,752	3
2007	£495,390	£3,483	5
2006	£354,800	£3,118	5
2005	£260,899	£3,176	5
2004	£263,500	£2,941	7
2003	£263,667	£2,754	6
2002	£196,661	£2,552	9
2001	£266,833	£2,250	6
2000	£159,164	£1,891	18
1999	£121,635	£1,706	15
1998	£84,167	£1,164	9
1997	£135,750	£1,225	5
1996	£73,727	£976	11
1995	£54,000	£536	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,500		2
2023	£621,667	£5,350	3
2022	£1,552,900	£7,432	5
2021	£697,667	£5,048	12
2020	£9,077,189	£247,734	9
2019	£1,498,018	£896	11
2018	£1,322,158	£7,995	12
2017	£847,337	£3,370	19
2016	£1,563,166	£45,894	12
2015	£11,722,500		4
2014	£176,475	£4,250	2
2013	£2,250,000	£45,455	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£367,768	£5,382	28
2023	£377,136	£6,288	79
2022	£395,149	£6,452	73
2021	£354,811	£6,366	74
2020	£382,441	£6,331	61
2019	£346,875	£6,417	56
2018	£338,747	£6,658	84
2017	£371,024	£6,139	76
2016	£408,480	£6,653	109
2015	£349,811	£5,854	79
2014	£298,301	£5,449	98
2013	£238,324	£4,172	106
2012	£226,329	£3,923	79
2011	£197,022	£3,612	54
2010	£204,834	£3,681	45
2009	£184,329	£3,455	41
2008	£224,901	£3,944	86
2007	£209,531	£3,553	184
2006	£164,176	£3,161	142
2005	£161,151	£3,044	80
2004	£176,632	£3,492	119
2003	£152,668	£2,745	116
2002	£128,169	£2,493	119
2001	£109,268	£2,023	98
2000	£91,711	£1,765	123
1999	£66,575	£1,313	100
1998	£63,910	£1,159	103
1997	£56,696	£1,074	83
1996	£46,489	£911	89
1995	£38,942	£696	31

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£745,000	£7,450	1
2019	£720,000	£6,545	1
2016	£619,000	£7,082	1
2012	£391,667	£4,203	3
2005	£295,000	£2,757	1
2004	£640,000		1
2002	£330,000	£2,027	1
2000	£185,333	£2,118	3
1999	£202,500	£1,259	2
1997	£80,000	£1,143	1

House Type in SE1 5RT area

The most common house types in the SE1 5RT postcode area are Flat (87), Terraced (21), and Shared house (16).

Total	157
Flat	87
Terraced	21
Shared house	16
Detached	13
Semi-detached	12
converted building	8
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (63), and Social rented: Rents from council or Local Authority (47).

Private rented: Private landlord or letting agency	63
Social rented: Rents from council or Local Authority	47
Owned: Owns outright	22
Owned: Owns with a mortgage or loan	22
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SE1 5RT have 1 person in household (58), and 2 people in household (48).

1 person in household	58
2 people in household	48
3 people in household	23
4 people in household	20
6 people in household	6
5 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0