Flat 2, 171 Tower Bridge Road, London, SE1 2AW is a leasehold flat built between 1996-2002. The property offers approximately 603 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £588,507 , which equates to approximately £976 per square foot. It was last sold on 23 Oct 2006 for £309,336. Since then, the value has increased by £279,171, representing a 90.2% increase, or approximately 4.7% per year.

The current estimated value of £588,507 is:

  • 40.4% lower than the average property price on Tower Bridge Road
  • 13.4% lower than the average in the SE1 2AW postcode area
  • and 32.8% lower than the average price for London as a whole

At the most recent EPC inspection on 13 August 2019, the property was recorded as owner-occupied.

View sold house prices in SE1 2AW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£588,507
Price Per sq ft (estimate)
£976
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 171 Tower Bridge Road, London, Southwark, Greater London Authority, SE1 2AW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Aug 2019.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Jun 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 20.4%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE1 2AW

14 th / 14
Price Rank
13% lower than average
9 th / 13
Size Rank
7% smaller than average
10 th / 13
Price Per Sq FT Rank
7% lower than average

Compared to other properties in SE1 2AW , this flat's estimated value ranks 14th out of 14. Based on price per square foot, it ranks 10th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 13 properties in its postcode area.

Sale History

Today
£588,507
streetscan.co.uk estimate
+90 %
23 Oct 2006
£309,336
Leasehold
0 %
23 Oct 2006
£309,336
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £550,000
sale date: 31 May 2017
rooms: 4
size: 646 sq ft
sale price: £532,000
sale date: 8 Jan 2015
rooms: 2
size: 592 sq ft
sale price: £344,000
sale date: 28 Nov 2006
rooms: 3
size: 538 sq ft
sale price: £316,000
sale date: 3 Nov 2006
rooms: 3
size: 603 sq ft
sale price: £326,360
sale date: 30 Oct 2006

Data Sources

The property at Flat 2, 171 Tower Bridge Road, London, SE1 2AW appears two times in the Land Registry records, with the latest transaction recorded on 23 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Aug 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.