Flat 53, 12
Flat 53, 12
Description & Estimates
Flat 53, 12, Bermondsey Square is recorded publicly as a modern leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 53, 12, Bermondsey Square is £634,441 and its rental estimate is £3,008 per month, given the available information and assuming reasonable condition.
12, Bermondsey Square is a residential building on Bermondsey Square, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 53, 12, Bermondsey Square has a single entry in the Land Registry from September 2008 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 53, 12, Bermondsey Square, we estimate a market value of £666,163 and a rental value of £3,158 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £590,030 and £2,797 per month respectively.
Recent Market Change
Over the last year, Flat 53, 12, Bermondsey Square has seen its estimated sale value decline by £8,094 (1.3%) and its estimated rental value climb by £168 per month (5.6%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 53, 12, Bermondsey Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 53, 12, Bermondsey Square completed on 12th September 2008 at £499,950 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 risen by 48.9% over the period since September 2008.
- Sold Sep 2008£499,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 53, 12, Bermondsey Square have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2023, was Flat 7, 12, Bermondsey Square, London, SE1 3FD, a leasehold flat which sold for £690,000.
Read more about house prices in SE1.
- Sold Dec 2023£690,000 | 2 Bed Flat12, Bermondsey SquareFlat 7, 12, Bermondsey Square, London, SE1 3FD
- Sold Oct 2023£770,000 | 2 Bed Flat12, Bermondsey SquareFlat 73, 12, Bermondsey Square, London, SE1 3FD
- Sold Jul 2023£535,000 | 2 Bed Flat12, Bermondsey SquareFlat 19, 12, Bermondsey Square, London, SE1 3FD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 94 addresses on Bermondsey Square, London, SE1, Flat 53, 12, Bermondsey Square comes out as the 17th largest and the 18th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the SE1 district.
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Schools Nearby
- 200mGrange Primary School
- 500mSnowsfields Primary School
- 500mTower Bridge Primary School
- 600mSt Saviour's and St Olave's Church of England School
- 800mHarris Academy Bermondsey
- 900mSt Michael's Catholic College
More reading links
Public Transport Nearby
From Flat 53, 12, Bermondsey Square, the nearest station is London Bridge, 900 metres away.
- 900mLondon Bridge
- 1.0kmBorough
- 1.2kmBermondsey
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
