Unit 16, 166 Tower Bridge Road, London, SE1 3LZ is a leasehold flat built between 1996-2002. The property offers approximately 752 square feet of living space and is situated on the 4th floor of a 5-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £744,389 , which equates to approximately £988 per square foot. It was last sold on 17 Jan 2003 for £300,000. Since then, the value has increased by £444,389, representing a 148.1% increase, or approximately 6.5% per year.

The current estimated value of £744,389 is:

  • 24.6% lower than the average property price on Tower Bridge Road
  • 14.9% higher than the average in the SE1 3LZ postcode area
  • and 15.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 28 May 2010, the property was recorded as owner-occupied.

View sold house prices in SE1 3LZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
752 sq ft
Tenure
Leasehold
Floor level
4th floor of 5
Price (estimate)
£744,389
Price Per sq ft (estimate)
£988
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Unit 16, 166 Tower Bridge Road, London, Southwark, Greater London Authority, SE1 3LZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 May 2010.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Aug 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 8% of fixed outlets to no low energy lighting, with no change in efficiency (very poor).
Heating Type
Boiler and radiators, mains gas
Very Good
Hot Water
From main system
Very Good
Roof
Flat, insulated (assumed)
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SE1 3LZ

7 th / 14
Price Rank
15% higher than average
5 th / 13
Size Rank
3% bigger than average
5 th / 13
Price Per Sq FT Rank
12% higher than average

Compared to other properties in SE1 3LZ , this flat's estimated value ranks 7th out of 14. Based on price per square foot, it ranks 5th out of 13 properties. In terms of size, this home ranks 5th out of 13 properties in its postcode area.

Sale History

Today
£744,389
streetscan.co.uk estimate
+148 %
17 Jan 2003
£300,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 747 sq ft
sale price: £550,000
sale date: 4 Nov 2016
rooms: 3
size: 854 sq ft
sale price: £705,000
sale date: 13 Sep 2016
rooms: 3
size: 721 sq ft
sale price: £586,000
sale date: 12 Jun 2014
rooms: 3
size: 829 sq ft
sale price: £425,000
sale date: 5 Feb 2013
rooms: 3
size: 674 sq ft
sale price: £392,500
sale date: 19 Apr 2012

Data Sources

The property at Unit 16, 166 Tower Bridge Road, London, Southwark, Greater London Authority, SE1 3LZ appears once in the Land Registry records, with the transaction recorded on 17 Jan 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 May 2010. 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.