Flat 5, 53
Flat 5, 53
Description & Estimates
Flat 5, 53, Tower Bridge Road is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, 53, Tower Bridge Road is £338,207 and its rental estimate is £1,938 per month, given the available information and assuming reasonable condition.
53, 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 5, 53, Tower Bridge Road has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 5, 53, Tower Bridge Road, we estimate a market value of £355,117 and a rental value of £2,035 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,532 and £1,802 per month respectively.
Recent Market Change
Over the last year, Flat 5, 53, Tower Bridge Road has seen its estimated sale value move down by £3,665 (1.1%) and its estimated rental value increase by £117 per month (6.0%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 5, 53, Tower Bridge Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5, 53, Tower Bridge Road completed on 15th June 2016 at £476,600 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 13.3% over the period since June 2016.
- Sold Jun 2016£476,600
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 53, Tower Bridge Road have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was Flat 10, Tower Walk 3, Leroy Street, London, SE1 4SN, a leasehold flat which sold for £325,000.
Read more about house prices in SE1.
- Sold Mar 2025£325,000 | 1 Bed FlatTower Walk 3, Leroy StreetFlat 10, Tower Walk 3, Leroy Street, London, SE1 4SN
- Sold Oct 2023£315,000 | 1 Bed FlatTower Walk 3, Leroy StreetFlat 22, Tower Walk 3, Leroy Street, London, SE1 4SN
- Sold Aug 2016£435,000 | 1 Bed Flat53, Tower Bridge RoadFlat 8, 53, Tower Bridge Road, London, SE1 4TL
•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 5, 53, Tower Bridge Road comes out as the 314th largest and the 356th most expensive in our analysis of the public data.
It is also £290k less expensive than the average property across the SE1 district.
More reading links
Schools Nearby
- 100mGrange Primary School
- 600mBoutcher Church of England Primary School
- 600mEnglish Martyrs' Roman Catholic Primary School
- 300mSt Saviour's and St Olave's Church of England School
- 900mSouth Bank University Academy
- 900mHarris Academy Bermondsey
More reading links
Public Transport Nearby
From Flat 5, 53, Tower Bridge Road, the nearest station is Borough, 900 metres away.
- 900mBorough
- 1.1kmLondon Bridge
- 1.1kmElephant & Castle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
