Flat 71, 12
Flat 71, 12
Description & Estimates
Public records show Flat 71, 12, Bermondsey Square to be a modern leasehold apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 71, 12, Bermondsey Square has an estimated sale value of £564,163 and an estimated rental value of £2,766 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12, Bermondsey Square, London, SE1.
Bermondsey Square, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Flat 71, 12, Bermondsey Square has 2 entries in the Land Registry , most recently in December 2023 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 71, 12, Bermondsey Square would be worth £592,371, with a potential rental value of £2,904 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £524,672, with a rental value of £2,572 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 71, 12, Bermondsey Square has moved down by £7,197 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £155 (5.6%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
Flat 71, 12, Bermondsey Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 71, 12, Bermondsey Square last changed hands on 21st December 2023, selling for £580,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 1.8% since December 2023.
- Sold Dec 2023£580,000
- Sold Sep 2009£377,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 240 metres of Flat 71, 12, Bermondsey Square across the last 2 years.
Most recently, Flat 27, 12, Bermondsey Square, London, SE1 3FD, a leasehold flat, sold at £645,000 on the 17th January 2025.
Read more about house prices in SE1.
- Sold Jan 2025£645,000 | 2 Bed Flat12, Bermondsey SquareFlat 27, 12, Bermondsey Square, London, SE1 3FD
- Sold May 2024£150,000 | 2 Bed Flat12, Bermondsey SquareFlat 57, 12, Bermondsey Square, London, SE1 3FD
- Sold Feb 2024£475,000 | 2 Bed Flat12, Bermondsey SquareFlat 30, 12, Bermondsey Square, London, SE1 3FD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 71, 12, Bermondsey Square as the 32nd largest and the 31st most expensive of the 94 addresses on Bermondsey Square, London, SE1.
Against the SE1 postcode district average, it is £64k less expensive than the typical property.
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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
London Bridge station is the nearest stop to Flat 71, 12, Bermondsey Square at 900 metres away.
- 900mLondon Bridge
- 1.0kmBorough
- 1.2kmBermondsey
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.
