59, Cadet Drive, SE1 5RU
59 Cadet Drive is a 43 m² terraced home in London Bridge. It sold for £310,000 in Feb 2024.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Feb 2024 £310,000 * Freehold 4.4% 1.8% Feb 2002 £120,000 Leasehold 15.4% 14.1% Jun 2000 £94,800 Leasehold 23.6% 21.5% Mar 1998 £58,000 Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 43 square metres (463 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £7,209 per square metre (£670 per square foot) in Feb 2024. Indexed forward to today's value, this is roughly £7,120 per square metre (£661 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Feb 2024 £310,000 £7,209 £306,162 £7,120 Feb 2002 £120,000 £2,791 £338,712 £7,877 Jun 2000 £94,800 £2,205 £331,046 £7,699 Mar 1998 £58,000 £1,349 £355,220 £8,261 Calculated using the latest EPC internal area of 43 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £306,162. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in London Bridge are now selling for between £5,770 and £8,200 per square metre (£536 and £761 per square foot). Based on an internal area of 43 m², this implies a valuation between £248,000 and £353,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 1
- Type
- Terrace
- Council tax band
- C
- Plot size
- 24 square metres (258 square feet) - map showing freehold boundary lines
- Title number
- TGL204259
- Tenure
- Freehold
- Title address
- 59 Cadet Drive, London
- Owner
-
GOLDWYN KNIGHT PROPERTY GROUP LIMITED
(Company reference number: 13870668)
Proprietor address: 167-169 Great Portland Street, London W1W 5PF
Price paid on title: £310,000
Ownership record added to Land Registry's corporate ownership dataset 12 Mar 2024
- History:
- Archived rental listing for 59 Cadet Drive. Advertised on multiple portals. It was reduced on 30/03/2013. It last appeared Feb 2014.
- Photos:
-
There are 12 archived estate agent listing photos for 59 Cadet Drive.
- Advertiser remarks:
-
- 1 bedrooms
- 1 bathrooms
- Planning ref:
- April 2025 25/AP/0511
- Type:
- Full and householder planning application
- Status:
- Application approved
- Address:
- 59 Cadet Drive London Southwark
- Description:
- Alterations to roof including a side window, two front rooflights, and alteration to front roof pitch.
- Planning ref:
- January 2025 24/AP/3732
- Type:
- Outline application - proposal prior to a full application, including assessments and scoping opinions.
- Status:
- Application withdrawn before a decision was taken
- Address:
- 59 Cadet Drive London Southwark
- Description:
- Prior approval notification (Schedule 2, Part 1, Class AA) to raise the existing monopitch roof by 1.04m.
- Planning ref:
- September 2024 24/AP/2426
- Type:
- Outline application - proposal prior to a full application, including assessments and scoping opinions.
- Status:
- Application approved
- Address:
- 59 Cadet Drive London Southwark
- Description:
- Certificate of Lawful development (Proposed) for Loft Conversion and insertion of 1No. of rooflight
- Summary:
- 26 September 2023 - energy performance certificate grade D
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- Rental
- Tenure:
- Private rental
- Property type:
- Mid-Terrace House , has 2 habitable rooms. Estimated year built 1983 to 1990
- Area:
- 43 sqm (463 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, 50 mm loft insulation. Heating: Electric storage heaters.
- Summary:
- 13 August 2010 - energy performance certificate grade D
- Reason for EPC:
- None
- Tenure:
- Private rental
- Property type:
- None , has 2 habitable rooms. Estimated year built 1983 to 1990
- Area:
- 42 sqm (452 square foot) total internal area
- Comments: