Average Price for property in Tower Bridge is around £976,909 which varies based on type of property you are interested in and ranges from £6,939,578 for detached house to around £954,697 for semi-detached. Similarly terraced house is around £1,653,216 and a flat is worth £945,826. Values have been changing and have risen £9,586 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,833 in last 6 months, £109,220 in last 1 year, £195,408 in last 2 years, £234,252 in last 3 years, £239,242 in last 4 years and £248,202 in last 5 years.
Currently average asking price of a property in Tower Bridge is around £1,442,813 based on approximately 48 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £4,146 per month.
Estimated property value in Tower Bridge is £976,909. Average asking price is £1,442,813 while average price paid is £846,754 which is up by £109,220 and Avg. asking rent £4,146.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Tower Bridge area. In last 1 year alone average price buyer paid is around £846,754 based on approximately 48 sales in Tower Bridge area alone. If you compare it to last 3 years sales of 139 properties where buyers paid around £820,406. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £748,584 for 251 and average amount paid for purchase of approx. 340 properties sold in last 7 years comes to about £699,760 per sale.