Housing Market Analysis for CADET DRIVE, SE1 5RU

Are you looking to understand SE1 5RU 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 5RU area, explore the SE1 5RU Area information page.
For comprehensive crime statistics in the SE1 5RU area, explore the SE1 5RU Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £269,407 median price is £235,000 Standard Deviation is £185,698 with Total Sold: 22
- The Last 5 Year average price is £512,167 with Total Sold: 6
- The most recent sale happened at this postcode is 59 CADET DRIVE: £310,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is 52 CADET DRIVE: £48,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £254,369 median price is £219,975 Standard Deviation is £120,884 with Total Sold: 8
- The Last 5 Year average price is £472,500 with Total Sold: 1
- The most recent sale happened at this postcode is 60 CADET DRIVE: £472,500 (Sold on 21 Feb 2022)
- The first recorded sale happened at this postcode is 60 CADET DRIVE: £48,500 (Sold on 28 Apr 1995)
Flat
- The average price is around £146,723 median price is £140,250 Standard Deviation is £67,760 with Total Sold: 28
- The Last 5 Year average price is £275,000 with Total Sold: 1
- The most recent sale happened at this postcode is 38 CADET DRIVE: £275,000 (Sold on 30 Jul 2021)
- The first recorded sale happened at this postcode is 55 CADET DRIVE: £69,250 (Sold on 30 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SE1 5RU 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,000		1
2022	£577,500	£7,779	2
2021	£373,000	£8,477	1
2020	£650,000	£5,804	1
2019	£585,000	£5,223	1
2018	£350,000	£8,140	1
2014	£277,500	£6,307	1
2010	£245,000	£6,318	1
2009	£330,000	£2,946	1
2006	£185,000	£4,405	1
2005	£213,500	£2,899	3
2004	£182,000	£4,693	1
2002	£208,000	£2,437	1
1998	£69,475	£1,745	2
1997	£104,500	£1,224	1
1996	£58,500	£1,509	1
1995	£67,000	£985	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£472,500	£8,438	1
2015	£326,000	£7,762	1
2007	£295,975	£4,106	2
2002	£205,500		2
2000	£185,000		1
1995	£48,500	£866	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£275,000	£7,639	1
2015	£223,000	£6,479	1
2013	£222,000	£4,893	3
2010	£238,000	£3,353	1
2008	£165,000	£4,583	1
2007	£202,498	£4,024	2
2006	£175,000	£3,422	2
2005	£161,250	£3,206	2
2003	£161,000	£3,186	2
2002	£132,000	£3,186	2
2001	£82,000	£2,216	1
2000	£94,542	£1,989	6
1999	£50,625	£1,459	2
1998	£58,000	£1,349	1
1997	£69,250	£1,789	1

All the Sales in the CADET DRIVE, SE1 5RU

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

Address	Sold Date	Price	% Change
59 CADET DRIVETerraced, Freehold	29 Feb 2024	£310,000	158.33%
	22 Feb 2002	£120,000	26.58%
	30 Jun 2000	£94,800	63.45%
	06 Mar 1998	£58,000	First Sale
43 CADET DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 1991-1995	09 Sep 2022	£705,000	First Sale
61 CADET DRIVETerraced, FreeholdArea: 57 Sq.mtrAge: 1996-2002	05 May 2022	£450,000	First Sale
60 CADET DRIVESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1991-1995	21 Feb 2022	£472,500	105.48%
	16 Aug 2007	£229,950	374.12%
	28 Apr 1995	£48,500	First Sale
38 CADET DRIVEFlat, LeaseholdArea: 36 Sq.mtrAge: 1983-1990	30 Jul 2021	£275,000	44.74%
	30 Oct 2013	£190,000	39.19%
	14 Oct 2005	£136,500	70.62%
	28 Jul 2000	£80,000	First Sale
41 CADET DRIVETerraced, LeaseholdArea: 44 Sq.mtrAge: 1996-2002	10 Feb 2021	£373,000	34.41%
	19 Dec 2014	£277,500	First Sale
42 CADET DRIVETerraced, FreeholdArea: 112 Sq.mtrAge: 1983-1990	19 Jun 2020	£650,000	11.11%
	31 May 2019	£585,000	77.27%
	08 Oct 2009	£330,000	25.24%
	29 Jul 2005	£263,500	First Sale
51 CADET DRIVETerraced, FreeholdArea: 43 Sq.mtrAge: 1991-1995	14 Dec 2018	£350,000	89.19%
	28 Sep 2006	£185,000	First Sale
52 CADET DRIVESemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1983-1990	23 Jul 2015	£326,000	114.47%
	13 May 2005	£152,000	130.48%
	03 Jun 1998	£65,950	37.40%
	27 Jan 1995	£48,000	First Sale
34 CADET DRIVEFlat, LeaseholdArea: 34.42 Sq.mtrAge: 1991-1995	09 Jan 2015	£223,000	335.12%
	26 May 1999	£51,250	First Sale
35 CADET DRIVEFlat, LeaseholdArea: 35 Sq.mtrAge: 1983-1990	19 Dec 2013	£190,000	40.74%
	17 Feb 2006	£135,000	64.63%
	06 Mar 2001	£82,000	27.13%
	17 Mar 2000	£64,500	First Sale
54 CADET DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 1996-2002	04 Jul 2013	£286,000	33.02%
	30 Nov 2006	£215,000	31.90%
	07 Mar 2003	£163,000	35.83%
	16 Oct 2000	£120,000	First Sale
56 CADET DRIVETerraced, LeaseholdArea: 38.78 Sq.mtrAge: 1983-1990	16 Jun 2010	£245,000	34.62%
	31 Aug 2004	£182,000	149.32%
	26 Oct 1998	£73,000	24.79%
	31 May 1996	£58,500	First Sale
58 CADET DRIVEFlat, LeaseholdArea: 70.99 Sq.mtrAge: 1983-1990	30 Apr 2010	£238,000	27.96%
	10 Jun 2005	£186,000	43.13%
	01 Aug 2000	£129,950	First Sale
39 CADET DRIVEFlat, LeaseholdArea: 36 Sq.mtrAge: 1983-1990	04 Jan 2008	£165,000	111.54%
39 CADET DRIVEFlat, LeaseholdArea: 36 Sq.mtrAge: 1983-1990	28 Nov 2000	£78,000	First Sale
57 CADET DRIVEFlat, LeaseholdArea: 78 Sq.mtrAge: 1983-1990	19 Dec 2007	£249,995	First Sale
45 CADET DRIVESemi-Detached, Freehold	19 Jul 2007	£362,000	72.38%
45 CADET DRIVESemi-Detached, Freehold	31 May 2002	£210,000	First Sale
37 CADET DRIVEFlat, LeaseholdArea: 32 Sq.mtrAge: 1996-2002	16 Jan 2007	£155,000	First Sale
49 CADET DRIVETerraced, FreeholdArea: 85.36 Sq.mtrAge: 2003-2006	22 Feb 2005	£225,000	8.17%
	27 Jun 2002	£208,000	99.04%
	15 Apr 1997	£104,500	First Sale
55 CADET DRIVEFlat, LeaseholdArea: 38.7 Sq.mtrAge: 1983-1990	06 Nov 2003	£159,000	129.60%
	30 Sep 1997	£69,250	First Sale
53 CADET DRIVEFlat, LeaseholdArea: 40.2 Sq.mtrAge: 1983-1990	01 Nov 2002	£144,000	First Sale
62 CADET DRIVESemi-Detached, Freehold	30 Apr 2002	£201,000	8.65%
62 CADET DRIVESemi-Detached, Freehold	07 Dec 2000	£185,000	First Sale
40 CADET DRIVEFlat, LeaseholdArea: 35 Sq.mtrAge: 1991-1995	23 Apr 1999	£50,000	First Sale
46 CADET DRIVETerraced, FreeholdArea: 104 Sq.mtrAge: 1991-1995	05 May 1995	£86,000	First Sale

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

CADET DRIVE, SE1 5RU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE1 5RU 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 5RU postcode.

Terraced
- The average price is around £324,025 median price is £259,995 Standard Deviation is £237,341 with Total Sold: 1,299
- The Last 5 Year average price is £673,399 with Total Sold: 187
- 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 £326,541 median price is £237,500 Standard Deviation is £344,160 with Total Sold: 149
- The Last 5 Year average price is £878,594 with Total Sold: 16
- 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 £214,435 median price is £178,000 Standard Deviation is £143,890 with Total Sold: 2,527
- The Last 5 Year average price is £371,528 with Total Sold: 356
- 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	£701,468	£7,336	31
2019	£658,557	£7,588	46
2018	£642,053	£7,702	19
2017	£628,619	£7,511	21
2016	£592,358	£7,839	30
2015	£583,761	£6,854	40
2014	£524,011	£6,278	32
2013	£380,267	£5,228	35
2012	£354,103	£4,497	45
2011	£356,422	£4,758	39
2010	£381,459	£4,088	37
2009	£306,778	£3,517	9
2008	£320,489	£4,168	23
2007	£311,822	£4,296	55
2006	£291,181	£3,418	48
2005	£242,982	£3,185	57
2004	£224,568	£2,978	76
2003	£232,093	£2,875	45
2002	£215,657	£2,623	74
2001	£203,723	£2,363	102
2000	£179,802	£2,087	63
1999	£117,645	£1,619	53
1998	£105,671	£1,382	45
1997	£83,511	£1,086	47
1996	£78,749	£1,158	78
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	£701,000	£7,666	5
2020	£1,860,000	£7,156	2
2019	£735,000	£5,485	1
2017	£936,250	£8,069	2
2016	£1,017,250	£6,363	2
2015	£473,667	£7,249	3
2014	£619,000	£6,206	4
2012	£380,500	£4,396	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	£196,244	£2,740	8
2001	£286,700	£2,621	5
2000	£157,056	£1,920	17
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	£368,426	£5,382	27
2023	£373,523	£6,270	76
2022	£397,369	£6,477	70
2021	£351,764	£6,274	70
2020	£382,441	£6,331	61
2019	£349,240	£6,496	52
2018	£340,479	£6,677	81
2017	£373,822	£6,085	74
2016	£408,558	£6,656	108
2015	£350,780	£5,887	77
2014	£300,107	£5,391	93
2013	£237,256	£4,167	103
2012	£229,233	£3,962	75
2011	£198,523	£3,646	52
2010	£203,384	£3,751	43
2009	£184,329	£3,455	41
2008	£227,065	£3,959	84
2007	£210,164	£3,565	178
2006	£165,333	£3,178	135
2005	£160,415	£3,083	75
2004	£178,273	£3,500	114
2003	£154,072	£2,778	110
2002	£127,188	£2,510	115
2001	£108,539	£2,038	96
2000	£91,602	£1,770	122
1999	£66,912	£1,313	97
1998	£63,918	£1,163	101
1997	£57,303	£1,099	80
1996	£46,581	£915	87
1995	£38,706	£686	30

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 5RU area

The most common house types in the SE1 5RU 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 5RU 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