Flat 8, 53
Flat 8, 53
Description & Estimates
Public records show Flat 8, 53, Tower Bridge Road to be a modern leasehold apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 8, 53, Tower Bridge Road has an estimated sale value of £328,348 and an estimated rental value of £1,881 per month, assuming reasonable condition and based on the information available.
The apartment sits within 53, Tower Bridge Road, London, SE1.
Tower Bridge Road, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Flat 8, 53, Tower Bridge Road has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated April 2016.
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
In very good condition, we estimate Flat 8, 53, Tower Bridge Road would be worth £344,765, with a potential rental value of £1,975 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £305,363, with a rental value of £1,750 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 8, 53, Tower Bridge Road has dropped by £3,559 (1.1%) over the last year. During the same period, its estimated monthly rental value has risen by £114 (6.0%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 8, 53, Tower Bridge Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 8, 53, Tower Bridge Road last changed hands on 26th August 2016, selling for £435,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 12.9% since August 2016.
- Sold Aug 2016£435,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 260 metres of Flat 8, 53, Tower Bridge Road across the last 2 years.
Most recently, Flat 10, Tower Walk 3, Leroy Street, London, SE1 4SN, a leasehold flat, sold at £325,000 on the 31st March 2025.
Read more about house prices in SE1.
- Sold Mar 2025£325,000 | 1 Bed FlatTower Walk 3, Leroy StreetFlat 10, Tower Walk 3, Leroy Street, London, SE1 4SN
- Sold Oct 2023£315,000 | 1 Bed FlatTower Walk 3, Leroy StreetFlat 22, Tower Walk 3, Leroy Street, London, SE1 4SN
- Sold Jun 2016£476,600 | 1 Bed Flat53, Tower Bridge RoadFlat 5, 53, Tower Bridge Road, London, SE1 4TL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 8, 53, Tower Bridge Road as the 321st largest and the 359th most expensive of the 374 addresses on Tower Bridge Road, London, SE1.
Against the SE1 postcode district average, it is £300k less expensive than the typical property.
More reading links
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
Borough station is the nearest stop to Flat 8, 53, Tower Bridge Road at 900 metres away.
- 900mBorough
- 1.1kmLondon Bridge
- 1.1kmElephant & Castle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
