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Flat 902, 151, Tower Bridge Road is recorded publicly as a modern leasehold apartment across 947 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 902, 151, Tower Bridge Road is £895,451 and its rental estimate is £3,406 per month, given the available information and assuming reasonable condition.
151, 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.
Flat 902, 151, Tower Bridge Road has a single entry in the Land Registry from September 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.
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 902, 151, Tower Bridge Road, we estimate a market value of £940,224 and a rental value of £3,576 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £832,769 and £3,168 per month respectively.
Over the last year, Flat 902, 151, Tower Bridge Road has seen its estimated sale value move down by £17,150 (1.9%) and its estimated rental value increase by £170 per month (5.0%). This results in an estimated gross rental yield of 4.6%.
Flat 902, 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.
The most recent sale of Flat 902, 151, Tower Bridge Road completed on 30th September 2021 at £1,128,400 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.7% over the period since September 2021.
Over the past 2 years 3 properties similar to Flat 902, 151, Tower Bridge Road have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2024, was Flat 16, 3, Market Yard Mews, London, SE1 3TJ, a leasehold flat which sold for £840,000.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 374 addresses on Tower Bridge Road, London, SE1, Flat 902, 151, Tower Bridge Road comes out as the 44th largest and the 13th most expensive in our analysis of the public data.
It is also £267k more expensive than the average property across the SE1 district.
From Flat 902, 151, Tower Bridge Road, the nearest station is London Bridge, 800 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 902, 151, 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 902, 151, 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 902, 151, 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 902, 151, 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.