Flat 2, 115
Flat 2, 115
Description & Estimates
According to the public record, Flat 2, 115, Tower Bridge Road is a modern apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 115, Tower Bridge Road is £561,640 and the estimated rental value is £2,839 per month.
The apartment is within 115, Tower Bridge Road, London, SE1.
Tower Bridge Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
Flat 2, 115, Tower Bridge Road has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 115, Tower Bridge Road is in very good condition we estimate a sale value of £589,722 and a rental value of £2,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,326 and a rental value of £2,640 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 115, Tower Bridge Road has decreased by £4,531 (0.8%), while its estimated rental value has grown by £167 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
Flat 2, 115, Tower Bridge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, 115, Tower Bridge Road was last sold on 22nd August 2006 for £301,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
- Sold Aug 2006£301,000
- Sold Jun 1999£154,500
- Sold Mar 1997£120,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 115, Tower Bridge Road within a radius of 240 metres over the last 2 years.
The most recent example is Flat 27, 12, Bermondsey Square, London, SE1 3FD, a leasehold flat which sold for £645,000 on the 17th January 2025.
Read more about house prices in SE1.
- Sold Jan 2025£645,000 | 2 Bed Flat12, Bermondsey SquareFlat 27, 12, Bermondsey Square, London, SE1 3FD
- Sold May 2024£580,000 | 2 Bed Flat12, Bermondsey SquareFlat 61, 12, Bermondsey Square, London, SE1 3FD
- Sold Dec 2023£580,000 | 2 Bed Flat12, Bermondsey SquareFlat 71, 12, Bermondsey Square, London, SE1 3FD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Tower Bridge Road, London, SE1 has a total of 374 addresses. According to our analysis of all the public data, Flat 2, 115, Tower Bridge Road is the 137th largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in SE1.
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Schools Nearby
- 100mGrange Primary School
- 500mBoutcher Church of England Primary School
- 500mSnowsfields Primary School
- 500mSt Saviour's and St Olave's Church of England School
- 800mHarris Academy Bermondsey
- 1.0kmSt Michael's Catholic College
More reading links
Public Transport Nearby
The closest station to Flat 2, 115, Tower Bridge Road is London Bridge station, which is 900 metres away.
- 900mLondon Bridge
- 1.0kmBorough
- 1.2kmBermondsey
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
