Flat 8, 45
Flat 8, 45
Description & Estimates
Flat 8, 45, Tower Bridge Road is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 8, 45, Tower Bridge Road is £373,931 and its rental estimate is £2,173 per month, given the available information and assuming reasonable condition.
45, Tower Bridge Road is a residential building on Tower Bridge Road, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 8, 45, Tower Bridge Road has 2 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 8, 45, Tower Bridge Road, we estimate a market value of £392,628 and a rental value of £2,282 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £347,756 and £2,021 per month respectively.
Recent Market Change
Over the last year, Flat 8, 45, Tower Bridge Road has seen its estimated sale value decline by £3,017 (0.8%) and its estimated rental value climb by £128 per month (5.9%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 8, 45, Tower Bridge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 8, 45, Tower Bridge Road completed on 16th August 2013 at £278,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 12.2% over the period since August 2013.
- Sold Aug 2013£278,000
- Sold May 2007£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 8, 45, Tower Bridge Road have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2025, was Flat 5, 39-43, Tower Bridge Road, London, SE1 4TL, a leasehold flat which sold for £340,000.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 374 addresses on Tower Bridge Road, London, SE1, Flat 8, 45, Tower Bridge Road comes out as the 282nd largest and the 295th most expensive in our analysis of the public data.
It is also £254k less expensive than the average property across the SE1 district.
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Schools Nearby
- 100mGrange Primary School
- 600mBoutcher Church of England Primary School
- 600mEnglish Martyrs' Roman Catholic Primary School
- 300mSt Saviour's and St Olave's Church of England School
- 900mSouth Bank University Academy
- 900mHarris Academy Bermondsey
More reading links
Public Transport Nearby
From Flat 8, 45, Tower Bridge Road, the nearest station is Borough, 900 metres away.
- 900mBorough
- 1.1kmLondon Bridge
- 1.1kmElephant & Castle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
