Flat 409, 151
Flat 409, 151
Description & Estimates
Flat 409, 151, Tower Bridge Road is recorded publicly as a modern leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 409, 151, Tower Bridge Road is £624,985 and its rental estimate is £2,519 per month, given the available information and assuming reasonable condition.
151, 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 409, 151, Tower Bridge Road has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 409, 151, Tower Bridge Road, we estimate a market value of £656,234 and a rental value of £2,645 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £581,236 and £2,343 per month respectively.
Recent Market Change
Over the last year, Flat 409, 151, Tower Bridge Road has seen its estimated sale value decline by £7,973 (1.3%) and its estimated rental value climb by £141 per month (5.6%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
Flat 409, 151, Tower Bridge Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 409, 151, Tower Bridge Road completed on 21st October 2021 at £697,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 31.8% over the period since October 2021.
- Sold Oct 2021£697,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 409, 151, 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 15th September 2025, was Flat 9, 136, Bermondsey Street, London, SE1 3TX, a leasehold flat which sold for £740,000.
Read more about house prices in SE1.
- Sold Sep 2025£740,000 | 2 Bed Flat136, Bermondsey StreetFlat 9, 136, Bermondsey Street, London, SE1 3TX
- Sold Nov 2022£237,500 | 2 Bed Flat237A, Long LaneApartment 3, 237A, Long Lane, London, SE1 4PX
- Sold Jul 2022£620,000 | 2 Bed Flat151, Tower Bridge RoadFlat 209, 151, Tower Bridge Road, London, SE1 3JE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 374 addresses on Tower Bridge Road, London, SE1, Flat 409, 151, Tower Bridge Road comes out as the 245th largest and the 100th most expensive in our analysis of the public data.
It is also £3k less expensive than the average property across the SE1 district.
More reading links
Schools Nearby
- 300mGrange Primary School
- 400mTower Bridge Primary School
- 400mSnowsfields Primary School
- 700mSt Saviour's and St Olave's Church of England School
- 900mSt Michael's Catholic College
- 900mHarris Academy Bermondsey
More reading links
Public Transport Nearby
From Flat 409, 151, Tower Bridge Road, the nearest station is London Bridge, 800 metres away.
- 800mLondon Bridge
- 1.0kmBorough
- 1.1kmBermondsey
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
