Property profile

Flat 10Park West Apartments, 40 Tanner Street

SE1 3LG

London Bridge & West Bermondsey

Area profile →

Map showing Flat 10, Park West Apartments, 40 Tanner Street, London

Estimated sale price

£725,000

Flats sold in London Bridge & West Bermondsey

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold12 Dec 2025
£809,000Change since last sale: −£86,000 (−11%)
Annualised change
−15% per yearSouthwark annualised change (flats) since 2025: −4.5% per yearThis property's value fell faster than the market
Price per sq ftLocal median £820 per sq ft
£1,002 per sq ftEstimate vs local median: +£183 per sq ft (+22%)
Local sold pricesMedian for flats in London Bridge & West Bermondsey
£540,000Estimate vs local median: +£183,000 (+34%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / End-Terrace
TenureLeasehold
Construction period1996-2002
Floor area67 m² / 721 sq ft
Rooms3 habitable / 3 heated
Floor level2
EPC ratingC
EPC inspection25 Oct 2021

Sales history

DatePriceChange
12 Dec 2025£809,000+3%
05 Aug 2022£785,000+175%
19 Nov 2001£285,000-

Local market

Property prices in London Bridge & West Bermondsey

Median price£550,000
Price per sq ft£820
Sales (last 12 months)113
Typical range (middle 50%)£412K – £760K

Based on 113 recent sales, the median property price is £550,000 (about £820 per square foot) in London Bridge & West Bermondsey area, with individual transactions ranging from £94,650 up to £2,855,500.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in London Bridge & West Bermondsey over the last year.
TypeSalesMedian£/sq ft
Terraced2£1,045,000£923
Detached1£755,000£1,002
Flats109£540,000£820
Semi-Detached1£500,000£540

10-year price trendmedian sale price in London Bridge & West Bermondsey

Sale price

Ten year median sale price trend for each property type in London Bridge & West Bermondsey.
YearFlatsTerraced
2016£890,000£935,000
2017£685,000£850,000
2018£600,000£859,998
2019£600,000£830,000
2020£617,500£630,000
2021£679,250£820,000
2022£674,150£955,000
2023£580,200£770,000
2024£533,000£1,169,000
2025£540,000£1,092,500
2026£552,500
Ten year median sale price trend for each property type in London Bridge & West Bermondsey.

Price per sq ft

Ten year median sale price per square foot trend for each property type in London Bridge & West Bermondsey.
YearFlatsTerraced
2016£1,087£955
2017£986£959
2018£909£884
2019£888£800
2020£899£591
2021£926£860
2022£937£964
2023£824£776
2024£818£895
2025£812£1,067
2026£834
Ten year median sale price per square foot trend for each property type in London Bridge & West Bermondsey.

Price distribution by property typelast 12 months

Price distribution by property type for London Bridge & West Bermondsey in the last year.

Recent sales

There were 42 recent sold properties in the last 18 months near SE1 3LG.

Recent sold properties in the last 18 months near SE1 3LG
DateAddressTypeTenurePriceMap
12 Dec 2025Flat 10, Park West Apartments, 40, Tanner Street, London, SE1 3LGFlatsLeasehold£809,000
30 Oct 2025Flat 7, 2, Archie Street, London, SE1 3JTFlatsLeasehold£825,000
16 May 2025Flat 9, 2, Archie Street, London, SE1 3JTFlatsLeasehold£780,000
09 Dec 2025Flat 14, 37, Tanner Street, London, SE1 3LFFlatsLeasehold£620,000
16 Apr 202628, Maltings Place, London, SE1 3JBFlatsLeasehold£490,000

Other properties at this postcode

Area insights for SE1 3LG

Full area profile →

Overview

Postcode SE1 3LG is located in a major urban area, within the London Bridge & West Bermondsey ward of Southwark in the London region, and forms part of the Bermondsey North area. It has high deprivation and high crime levels, with around 99.4 crimes per 1,000 residents per year, about 23% below the London average of 130 per 1,000. The average income per household in Bermondsey North is £74,902 per year. The nearest station is London Bridge, about 0.4 miles away. There are 12 primary and 5 secondary schools in the area. There are 8 parks nearby, the closest medium park is Tabard Gardens.

Crime rate
8/10
Crimes per 1k residents
99
Deprivation level
7/10
Income level
6/10
Social housing
1%
Connectivity
10/10
Flood Risk
Very low
Noise Level
Very High

Deprivation level

7/10

Bermondsey North has a high level of deprivation, ranked at position 10,518 out of 32,844 areas in the United Kingdom, placing it within the top 32% most deprived areas in England.

Crime level

8/10

Bermondsey North has a high crime rate, with approximately 99.4 reported incidents per 1,000 population each year.

Social housing

1%

Approximately 1.0% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 30.7% of dwellings are socially rented.

Income level

6/10

The average income per household in Bermondsey North is £74,902 per year.

Noise Level

Very High

Very High noise level (>=75.0 dB) from road, approximately 27 ft away from SE1 3LG.

Flood risk

Very low

Bermondsey North near SE1 3LG has very low flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

10/10

The nearest station is London Bridge located about 0.4 miles away. There are 5 stations nearby.

Nearby public transport stations for SE1 3LG
DistanceZoneNameLinesDirections
0.5 mi

1

London Bridge

Jubilee, Northern, Southeastern, Southern, Thameslink

Walking directions to London Bridge
0.7 mi

2

Bermondsey

Jubilee

Walking directions to Bermondsey
0.7 mi

1

Borough

Northern

Walking directions to Borough

Parks

Nearby parks and green spaces for SE1 3LG
DistanceNameSizeDirections
0.4 miTabard GardensMediumWalking directions to Tabard Gardens
0.3 miPotters Fields ParkSmallWalking directions to Potters Fields Park
0.4 miBermondsey Spa GardensSmallWalking directions to Bermondsey Spa Gardens

Area Profile

Population
197
Population density
14,275.4 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
55.53(+107%)
Theft from the person
25.47(+172%)
Violence and sexual offences
24.22(-22%)
Burglary
10.44(+91%)
Other theft
10.02(-12%)
London average

Demographics

Ethnic groups

British
98
50.26%
Other White
55
28.21%
Chinese
11
5.64%
Irish
7
3.59%
Indian
4
2.05%
Total population: 195

Economics

Education (age 16+)

Level 4+ (Degree)
167
88.83%
Level 3 (A level)
14
7.45%
Level 2 (GCSEs 9-4)
3
1.6%
Other
2
1.06%
No qualifications
1
0.53%
Total 16+ residents: 188

Housing

Housing tenure

Private landlord or letting agency
45
44.12%
Owns with a mortgage
30
29.41%
Owns outright
19
18.63%
Other forms of private rent
7
6.86%
Other social rented
1
0.98%
Total households: 102

Schools

In the SE1 3LG postcode area, located within Bermondsey North, there are 12 primary and 5 secondary schools in close proximity.

Nearby primary and secondary schools for SE1 3LG
DistancePhaseNameTypeRating
0.1 miPrimaryTower Bridge Primary SchoolCommunity school

Good

0.2 miPrimarySnowsfields Primary SchoolCommunity school

Good

0.3 miPrimaryGrange Primary SchoolCommunity school

Requires improvement

Local amenities

15 nearby supermarkets & convenience stores within mi of SE1 3LG

Nearby supermarkets & convenience stores for SE1 3LG
DistanceNameAddressDirections
0 miWelcome168 Tower Bridge Road, London, SE1 3LSWalking directions to Welcome
0.1 miASDA Express153 Tower Bridge Road, London, SE1 3LWWalking directions to ASDA Express
0.2 miGiddy GrocerBermondsey Street, Southwark, SE1 3TSWalking directions to Giddy Grocer
0.2 miSainsbury's LocalBermondsey Square, Southwark, SE1 3UNWalking directions to Sainsbury's Local
0.2 miUp FrontAbbey Street, Southwark, SE1 3NPWalking directions to Up Front