Unit 5, 166 Tower Bridge Road, London, SE1 3LZ is a leasehold flat built between 1983-1990. The property offers approximately 829 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £605,838 , which equates to approximately £731 per square foot. It was last sold on 5 Feb 2013 for £425,000. Since then, the value has increased by £180,838, representing a 42.6% increase, or approximately 3.3% per year.

The current estimated value of £605,838 is:

  • 38.6% lower than the average property price on Tower Bridge Road
  • 6.5% lower than the average in the SE1 3LZ postcode area
  • and 30.8% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 31 August 2022, the property was recorded as rented.

View sold house prices in SE1 3LZ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
829 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£605,838
Price Per sq ft (estimate)
£731
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Unit 5, 166 Tower Bridge Road, London, Southwark, Greater London, SE1 3LZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 31 Aug 2022.

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 5 Sep 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 3.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 9% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to SE1 3LZ

1 st / 14
Price Rank
6% lower than average
4 th / 13
Size Rank
13% bigger than average
4 th / 13
Price Per Sq FT Rank
17% lower than average

Compared to other properties in SE1 3LZ , this flat's estimated value ranks 1st out of 14. Based on price per square foot, it ranks 4th out of 13 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 4th out of 13 properties in its postcode area.

Sale History

Today
£605,838
streetscan.co.uk estimate
+43 %
5 Feb 2013
£425,000
Leasehold
+28.8 %
17 Jan 2003
£330,000
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: 721 sq ft
sale price: £365,500
sale date: 22 Nov 2007
rooms: 3
size: 752 sq ft
sale price: £300,000
sale date: 17 Jan 2003

Data Sources

The property at Unit 5, 166 Tower Bridge Road, London, SE1 3LZ appears two times in the Land Registry records, with the latest transaction recorded on 5 Feb 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Aug 2022. 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.