Unit 9, 166
Unit 9, 166
Description & Estimates
Unit 9, 166, Tower Bridge Road is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Unit 9, 166, Tower Bridge Road is £506,366 and its rental estimate is £2,723 per month, given the available information and assuming reasonable condition.
166, 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
Unit 9, 166, Tower Bridge Road has a single entry in the Land Registry from April 2012 and a single entry in the EPC database dated October 2020.
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
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 Unit 9, 166, Tower Bridge Road, we estimate a market value of £531,684 and a rental value of £2,859 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £470,920 and £2,532 per month respectively.
Recent Market Change
Over the last year, Unit 9, 166, Tower Bridge Road has seen its estimated sale value fall by £4,085 (0.8%) and its estimated rental value move up by £161 per month (5.9%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
Unit 9, 166, Tower Bridge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2020.
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 Unit 9, 166, Tower Bridge Road completed on 19th April 2012 at £392,500 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 risen by 41.6% over the period since April 2012.
- Sold Apr 2012£392,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Unit 9, 166, Tower Bridge Road have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2025, was Flat 4, 60, Maltby Street, London, SE1 3PF, a leasehold flat which sold for £480,000.
Read more about house prices in SE1.
- Sold Mar 2025£480,000 | 2 Bed Flat60, Maltby StreetFlat 4, 60, Maltby Street, London, SE1 3PF
- Sold Mar 2024£550,000 | 2 Bed FlatFlorin Court 70, Tanner StreetFlat 19, Florin Court 70, Tanner Street, London, SE1 3DP
- Sold Oct 2023£560,000 | 2 Bed FlatFlorin Court 70, Tanner StreetFlat 35, Florin Court 70, Tanner Street, London, SE1 3DP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 374 addresses on Tower Bridge Road, London, SE1, Unit 9, 166, Tower Bridge Road comes out as the 174th largest and the 178th most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the SE1 district.
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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
From Unit 9, 166, Tower Bridge Road, the nearest station is London Bridge, 800 metres away.
- 800mLondon Bridge
- 1.0kmBorough
- 1.1kmBermondsey
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.
