Unit 2, 166
Unit 2, 166
Description & Estimates
Public records show Unit 2, 166, Tower Bridge Road to be a modern leasehold apartment with 1,044 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Unit 2, 166, Tower Bridge Road has an estimated sale value of £671,042 and an estimated rental value of £3,388 per month, assuming reasonable condition and based on the information available.
The apartment sits within 166, Tower Bridge Road, London, SE1.
Tower Bridge Road, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Unit 2, 166, Tower Bridge Road has 2 entries in the Land Registry , most recently in April 2011 and a single entry in the EPC database dated June 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Unit 2, 166, Tower Bridge Road would be worth £704,595, with a potential rental value of £3,558 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £624,069, with a rental value of £3,151 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 Unit 2, 166, Tower Bridge Road has dropped by £13,263 (2.0%) over the last year. During the same period, its estimated monthly rental value has risen by £183 (5.4%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
Unit 2, 166, Tower Bridge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Unit 2, 166, Tower Bridge Road last changed hands on 12th April 2011, selling for £460,000. 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 risen by 73.6% since April 2011.
- Sold Apr 2011£460,000
- Sold Feb 2007£385,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 260 metres of Unit 2, 166, Tower Bridge Road across the last 2 years.
Most recently, Flat 105, Arc House 16, Maltby Street, London, SE1 3GP, a leasehold flat, sold at £800,000 on the 14th February 2025.
Read more about house prices in SE1.
- Sold Feb 2025£800,000 | 3 Bed FlatArc House 16, Maltby StreetFlat 105, Arc House 16, Maltby Street, London, SE1 3GP
- Sold Sep 2024£775,000 | 3 Bed FlatFlorin Court 70, Tanner StreetFlat 10, Florin Court 70, Tanner Street, London, SE1 3DP
- Sold Sep 2022£960,000 | 3 Bed Flat2, Archie StreetFlat 8, 2, Archie Street, London, SE1 3JT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Unit 2, 166, Tower Bridge Road as the 27th largest and the 83rd most expensive of the 374 addresses on Tower Bridge Road, London, SE1.
Against the SE1 postcode district average, it is £43k more expensive than the typical property.
More reading links
Schools Nearby
- 300mTower Bridge Primary School
- 400mSnowsfields Primary School
- 400mGrange Primary School
- 800mSt Michael's Catholic College
- 800mSt Saviour's and St Olave's Church of England School
- 900mHarris Academy Bermondsey
More reading links
Public Transport Nearby
London Bridge station is the nearest stop to Unit 2, 166, Tower Bridge Road at 800 metres away.
- 800mLondon Bridge
- 1.0kmBorough
- 1.1kmBermondsey
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.
