Flat 11, 168
Flat 11, 168
Description & Estimates
Flat 11, 168, Tower Bridge Road is described in the public record as a modern apartment with 904 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 11, 168, Tower Bridge Road is £612,126 and its rental estimate is £3,072 per month, given the available information and assuming reasonable condition.
168, Tower Bridge Road is a residential building on Tower Bridge Road, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 11, 168, Tower Bridge Road has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 11, 168, Tower Bridge Road, we estimate a market value of £642,732 and a rental value of £3,226 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £569,277 and £2,857 per month respectively.
Recent Market Change
Over the last year, Flat 11, 168, Tower Bridge Road has seen its estimated sale value move down by £4,939 (0.8%) and its estimated rental value increase by £181 per month (5.9%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 11, 168, Tower Bridge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 11, 168, Tower Bridge Road have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2024, was Flat 42, Arc House 82, Tanner Street, London, SE1 3GN, a leasehold flat which sold for £605,000.
Read more about house prices in SE1.
- Sold Jan 2024£605,000 | 2 Bed FlatArc House 82, Tanner StreetFlat 42, Arc House 82, Tanner Street, London, SE1 3GN
- Sold Sep 2023£950,000 | 2 Bed FlatArc House 16, Maltby StreetFlat 130, Arc House 16, Maltby Street, London, SE1 3GP
- Sold May 2022£860,000 | 2 Bed FlatFlorin Court 70, Tanner StreetFlat 45, Florin Court 70, Tanner Street, London, SE1 3DP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 374 addresses on Tower Bridge Road, London, SE1, Flat 11, 168, Tower Bridge Road comes out as the 56th largest and the 110th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the SE1 district.
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Schools Nearby
- 200mTower Bridge Primary School
- 400mSnowsfields Primary School
- 500mGrange Primary School
- 800mSt Michael's Catholic College
- 900mSt Saviour's and St Olave's Church of England School
- 900mHarris Academy Bermondsey
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Public Transport Nearby
From Flat 11, 168, Tower Bridge Road, the nearest station is London Bridge, 700 metres away.
- 700mLondon Bridge
- 1.0kmBorough
- 1.0kmBermondsey
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
