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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Flat 6, 168, Tower Bridge Road to be a modern leasehold apartment with 904 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 6, 168, Tower Bridge Road has an estimated sale value of £612,126 and an estimated rental value of £3,072 per month, assuming reasonable condition and based on the information available.
The apartment sits within 168, Tower Bridge Road, London, SE1.
Tower Bridge Road, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Flat 6, 168, Tower Bridge Road has 31 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated July 2020.
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.
In very good condition, we estimate Flat 6, 168, Tower Bridge Road would be worth £642,732, with a potential rental value of £3,226 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £569,277, with a rental value of £2,857 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 6, 168, Tower Bridge Road has decreased by £4,939 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £181 (5.9%). The property's estimated gross yield is currently 6.0%.
Flat 6, 168, Tower Bridge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Flat 6, 168, Tower Bridge Road last changed hands on 24th March 2016, selling for £700,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 7.3% since March 2016.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 250 metres of Flat 6, 168, Tower Bridge Road across the last 2 years.
Most recently, Flat 42, Arc House 82, Tanner Street, London, SE1 3GN, a leasehold flat, sold at £605,000 on the 31st January 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 6, 168, Tower Bridge Road as the 55th largest and the 109th most expensive of the 374 addresses on Tower Bridge Road, London, SE1.
Against the SE1 postcode district average, it is £16k less expensive than the typical property.
London Bridge station is the nearest stop to Flat 6, 168, Tower Bridge Road at 700 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, 168, Tower Bridge Road, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 6, 168, Tower Bridge Road, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 6, 168, Tower Bridge Road, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 6, 168, Tower Bridge Road, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
