Unit 8, 166 Tower Bridge Road, London, SE1 3LZ is a leasehold flat built between 1900-1929. The property offers approximately 840 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £806,421 , which equates to approximately £961 per square foot. It was last sold on 17 Jan 2003 for £325,000. Since then, the value has increased by £481,421, representing a 148.1% increase, or approximately 6.5% per year.

The current estimated value of £806,421 is:

  • 18.3% lower than the average property price on Tower Bridge Road
  • 24.5% higher than the average in the SE1 3LZ postcode area
  • and 7.9% lower than the average price for London as a whole

At the most recent EPC inspection on 23 January 2020, the property was recorded as owner-occupied.

View sold house prices in SE1 3LZ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£806,421
Price Per sq ft (estimate)
£961
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Unit 8, 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 23 Jan 2020.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from very good to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 38% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Very Good
Hot Water
From main system, no cylinder thermostat
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to SE1 3LZ

3 rd / 14
Price Rank
24% higher than average
3 rd / 13
Size Rank
15% bigger than average
9 th / 13
Price Per Sq FT Rank
9% higher than average

Compared to other properties in SE1 3LZ , this flat's estimated value ranks 3rd out of 14. Based on price per square foot, it ranks 9th 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 3rd out of 13 properties in its postcode area.

Sale History

Today
£806,421
streetscan.co.uk estimate
+148 %
17 Jan 2003
£325,000
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: 721 sq ft
sale price: £365,500
sale date: 22 Nov 2007

Data Sources

The property at Unit 8, 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 23 Jan 2020. 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.