Flat 56, 12
Flat 56, 12
Description & Estimates
Flat 56, 12, Bermondsey Square is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 56, 12, Bermondsey Square is £448,991 and its rental estimate is £2,238 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 56, 12, Bermondsey Square has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated August 2024.
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 56, 12, Bermondsey Square, we estimate a market value of £471,440 and a rental value of £2,350 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £417,562 and £2,082 per month respectively.
Recent Market Change
Over the last year, Flat 56, 12, Bermondsey Square has seen its estimated sale value move down by £5,245 (1.2%) and its estimated rental value increase by £128 per month (5.7%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 56, 12, Bermondsey Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2024.
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 56, 12, Bermondsey Square completed on 6th August 2009 at £315,000 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 55.2% over the period since August 2009.
- Sold Aug 2009£315,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 56, 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 29th November 2024, was Flat 46, 12, Bermondsey Square, London, SE1 3FD, a leasehold flat which sold for £490,000.
Read more about house prices in SE1.
- Sold Nov 2024£490,000 | 1 Bed Flat12, Bermondsey SquareFlat 46, 12, Bermondsey Square, London, SE1 3FD
- Sold Oct 2024£480,000 | 1 Bed Flat12, Bermondsey SquareFlat 14, 12, Bermondsey Square, London, SE1 3FD
- Sold Feb 2023£520,000 | 1 Bed Flat12, Bermondsey SquareFlat 55, 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 56, 12, Bermondsey Square comes out as the 71st largest and the 71st most expensive in our analysis of the public data.
It is also £179k less expensive than the average property across the SE1 district.
More reading links
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 56, 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.
