Flat 802, 151
Flat 802, 151
Description & Estimates
According to the public record, Flat 802, 151, Tower Bridge Road is a modern leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 802, 151, Tower Bridge Road is £895,451 and the estimated rental value is £3,406 per month.
The apartment is within 151, Tower Bridge Road, London, SE1.
Tower Bridge Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
Flat 802, 151, Tower Bridge Road has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 802, 151, Tower Bridge Road is in very good condition we estimate a sale value of £940,224 and a rental value of £3,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £832,769 and a rental value of £3,168 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 802, 151, Tower Bridge Road has declined by £17,150 (1.9%), while its estimated rental value has climbed by £170 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
Flat 802, 151, Tower Bridge Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 802, 151, Tower Bridge Road was last sold on 18th October 2021 for £1,185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has dropped by 18.0%.
- Sold Oct 2021£1,185,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 802, 151, Tower Bridge Road within a radius of 250 metres over the last 2 years.
The most recent example is Flat 16, 3, Market Yard Mews, London, SE1 3TJ, a leasehold flat which sold for £840,000 on the 17th December 2024.
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
Tower Bridge Road, London, SE1 has a total of 374 addresses. According to our analysis of all the public data, Flat 802, 151, Tower Bridge Road is the 45th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £267k more expensive than the average property in SE1.
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Schools Nearby
- 300mGrange Primary School
- 400mTower Bridge Primary School
- 400mSnowsfields Primary School
- 700mSt Saviour's and St Olave's Church of England School
- 900mSt Michael's Catholic College
- 900mHarris Academy Bermondsey
More reading links
Public Transport Nearby
The closest station to Flat 802, 151, Tower Bridge Road is London Bridge station, which is 800 metres away.
- 800mLondon Bridge
- 1.0kmBorough
- 1.1kmBermondsey
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
