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£45,000 below fair value

SE16 3DQ

Varcoe Road, Bermondsey, SE16

1 Beds
1 Baths
40 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £270,000
Price per m² £6,750 / m²

A modern and well-kept one bedroom apartment in a modern Bermondsey development.
The property boasts an open plan stylish kitchen and reception room with a Juliet balcony allowing lots of natural light, a generous double bedroom with built-in storage, and a stylish bathroom. Additional storage can be found in the hallway
On-site benefits include a cleverly designed double height co-working space, communal recreation room and two communal roof terraces providing panoramic views across the city.

Years on lease - 118
Annual service charge - £2,495.70
Annual ground rent -£350 per year
Council Tax Band - C

Council tax, property size and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

How the asking price has moved

May 2026
£270,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Source: HM Land Registry · SE16 3DQ · Sorted by date

Varcoe Road, Bermondsey, SE16

Our fair price estimate
£315,000
Nearby sold prices per m² × UK HPI × 40 m² floor area (EPC-declared)
Asking price £270,000
Fair price £315,000
Difference ↓ £45,000 under
Price per m² £6,750 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 40 m². Updated daily.