Flat 503, 4
Flat 503, 4
Description & Estimates
Public records show Flat 503, 4, Bridge Place to be a modern leasehold apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 503, 4, Bridge Place has an estimated sale value of £922,380 and an estimated rental value of £3,896 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Bridge Place, London, SW1.
Bridge Place, London, SW1 lies in the borough of City of Westminster, within the SW1 postal district.
Our Data Sources
Flat 503, 4, Bridge Place has a single entry in the Land Registry from August 2014 and a single entry in the EPC database dated January 2019.
We combine this information with that 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
In very good condition, we estimate Flat 503, 4, Bridge Place would be worth £968,499, with a potential rental value of £4,091 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £857,814, with a rental value of £3,623 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 503, 4, Bridge Place has dropped by £36,612 (4.0%) over the last year. During the same period, its estimated monthly rental value has risen by £167 (4.3%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
Flat 503, 4, Bridge Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 503, 4, Bridge Place last changed hands on 6th August 2014, selling for £999,999. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 29.7% since August 2014.
- Sold Aug 2014£999,999
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 503, 4, Bridge Place across the last 2 years.
Most recently, R8-R9, Victoria Place Shopping Centre 115, Buckingham Palace Road, London, SW1W 9SJ, a leasehold flat, sold at £32,635 on the 30th July 2021.
Read more about house prices in SW1.
- Sold Jul 2021£32,635 | 2 Bed FlatVictoria Place Shopping Centre 115, Buckingham Palace RoadR8-R9, Victoria Place Shopping Centre 115, Buckingham Palace Road, London, SW1W 9SJ
- Sold Sep 2016£1,150,000 | 2 Bed Flat4, Bridge PlaceFlat 504, 4, Bridge Place, London, SW1V 1AF
- Sold Sep 2014£999,999 | 2 Bed Flat4, Bridge PlaceFlat 703, 4, Bridge Place, London, SW1V 1AF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 503, 4, Bridge Place as the 15th largest and the 15th most expensive of the 40 addresses on Bridge Place, London, SW1.
Against the SW1 postcode district average, it is £627k less expensive than the typical property.
More reading links
Schools Nearby
- 300mSt Vincent De Paul Catholic Primary School
- 300mSt Peter's Eaton Square CofE Primary School
- 500mBurdett-Coutts and Townshend Foundation CofE Primary School
- 500mWestminster City School
- 600mThe Grey Coat Hospital
- 800mPimlico Academy
More reading links
Public Transport Nearby
London Victoria station is the nearest stop to Flat 503, 4, Bridge Place at 200 metres away.
- 200mLondon Victoria
- 200mVictoria
- 800mPimlico
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
