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House Prices in SE16

The average house price in SE16 (London) is £416,875 using HM Land Registry data.

The average property price decreased by £12,112 (-2.33%) over the last 5 years and decreased by £2,422 (-0.47%) over the last 12 months.

Over the last year, there were 373 residential property sales – a decrease of 126 transactions (-33.78%) relative to the previous year. The majority of house sales (78) were in the £310,000 - £398,000 range. Then came properties in the £398,000 - £486,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,735 (-2%).

In Mar 2026, there were 132 new estate agency instructions, 61 agreed home sales and 84 property price reductions.

5-Year Average Property Prices in SE16 (London)

-2.33%

Property prices in SE16 (London) decreased by -2.33% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SE16 (London) Over the Last Year

-0.47%

Property prices in SE16 (London) decreased by -0.47% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for SE16 (London) - Mar 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SE16 (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SE16 (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SE16 (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SE16 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE16 postcode area since 1995.

Recent Sales in SE16 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 100, Vancouver House, Needleman Street, London, SE16 7BW	£470,000	£468,000	-£2,000	24 Jul 2025	18 Dec 2025	147 Days
9 1 Winter Lodge, Fern Walk, London, SE16 3JD	£300,000	£295,000	-£5,000	26 Feb 2025	16 Dec 2025	293 Days
312 Rope Street, London, SE16 7TY	£825,000	£797,500	-£27,500	30 Apr 2025	08 Dec 2025	222 Days
21 205 Globe Wharf, Rotherhithe Street, London, SE16 5XS	£725,000	£722,500	-£2,500	11 Jun 2025	05 Dec 2025	177 Days
34 305 Somerville Point, Rotherhithe Street, London, SE16 5EQ	£550,000	£525,000	-£25,000	01 Apr 2025	02 Dec 2025	245 Days
Flat 402, 1, Sweden Gate, London, SE16 7TJ	£400,000	£385,000	-£15,000	10 Mar 2025	02 Dec 2025	267 Days
Flat 50, Chamberlain Court, Silwood Street, London, SE16 2AZ	£500,000	£485,000	-£15,000	19 May 2025	01 Dec 2025	196 Days
45 Lockwood Square, London, SE16 2HS	£450,000	£430,000	-£20,000	20 Dec 2024	28 Nov 2025	343 Days
Flat 4, 236 Surrey House, Rotherhithe Street, London, SE16 5QX	£400,000	£400,000	£0	30 Apr 2025	28 Nov 2025	212 Days
1 Russia Dock Road, London, SE16 5NL	£600,000	£590,000	-£10,000	10 Jun 2025	27 Nov 2025	170 Days
Flat 64, Casby House Dickens Estate, Marine Street, London, SE16 4SY	£350,000	£350,000	£0	30 Jun 2025	24 Nov 2025	147 Days
Apartment 31, 28 Claremont House, Quebec Way, London, SE16 7FS	£485,000	£475,000	-£10,000	29 Apr 2025	24 Nov 2025	209 Days
2 Farrins Rents, London, SE16 6NF	£800,000	£798,000	-£2,000	21 Jan 2025	21 Nov 2025	304 Days
9 Baroque Gardens, Grand Canal Avenue, London, SE16 7EH	£650,000	£650,000	£0	12 Jun 2025	21 Nov 2025	162 Days
Flat K, 151, Plough Way, London, SE16 7FN	£325,000	£325,000	£0	07 Oct 2025	14 Nov 2025	38 Days
8 Culloden Close, London, SE16 3JH	£575,000	£565,000	-£10,000	30 Jun 2025	13 Nov 2025	136 Days
61 Salter Road, London, SE16 5LH	£750,000	£750,000	£0	30 Apr 2025	07 Nov 2025	191 Days
Flat 39, Sirius House, Seafarer Way, London, SE16 7DR	£500,000	£500,000	£0	24 Jun 2025	07 Nov 2025	136 Days
210 20 Crown Place Apartments, Varcoe Road, London, SE16 3AD	£325,000	£312,500	-£12,500	27 Mar 2025	03 Nov 2025	221 Days
68 Goodwin Close, London, SE16 3TL	£180,000	£175,000	-£5,000	24 Jul 2025	31 Oct 2025	99 Days

Most Expensive Streets in SE16 (London)

Postcode	Street	Area	Average	No. of Sales
SE16 4US	Providence Tower, Bermondsey Wall West	London	£1,658,333	3
SE16 4TT	Bermondsey Wall East	London	£1,126,666	3
SE16 6AW	Cookham Crescent	London	£1,079,000	3
SE16 4JD	Elephant Lane	London	£1,056,250	6
SE16 7RB	Rotherhithe Street	London	£1,025,333	3
SE16 7TS	Plover Way	London	£985,000	5
SE16 2TX	Gomm Road	London	£954,875	4
SE16 6SF	Wolfe Crescent	London	£928,333	3
SE16 4NF	Rotherhithe Street	London	£919,583	6
SE16 4PA	West Lane	London	£914,594	7

Least Expensive Streets in SE16 (London)

Postcode	Street	Area	Average	No. of Sales
SE16 4EP	Hartley House, Chambers Street, London	London	£180,915	20
SE16 2EZ	Damory House Abbeyfield Estate, Abbeyfield Road	London	£242,000	3
SE16 3ED	Stubbs Drive	London	£253,750	4
SE16 3XB	Cadbury Way	London	£267,000	5
SE16 6RL	Giverny House, Water Gardens Square	London	£268,958	6
SE16 3XA	Cadbury Way	London	£270,800	5
SE16 3ET	Weald Close	London	£271,833	3
SE16 2DT	Westlake, Rotherhithe New Road	London	£272,333	3
SE16 3EQ	Stubbs Drive	London	£280,187	8
SE16 2HR	New Place Square	London	£290,000	4