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House Prices in SE16

The average house price in SE16 (London) is £497,970 using HM Land Registry data.

The average property price increased by £7,501 (-3.03%) over the last 5 years and increased by £1,499 (-0.62%) over the last 12 months.

Over the last year, there were 330 residential property sales – a decrease of 194 transactions (-58.79%) relative to the previous year. The majority of house sales (79) were in the £374,000 - £468,000 range. Then came properties in the £468,000 - £562,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 167 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,475 (-2%).

In Aug 2026, there were 108 new estate agency instructions, 39 agreed home sales and 70 property price reductions.

5-Year Average Property Prices in SE16 (London)

-3.03%

Property prices in SE16 (London) decreased by -3.03% 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

-0.62%

Property prices in SE16 (London) decreased by -0.62% 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) - Aug 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
25 Brewhouse Walk, London, SE16 6LD	£850,000	£850,000	£0	27 Jan 2026	27 Jul 2026	181 Days
37 8 Bluebell House, Blondin Way, London, SE16 6BD	£390,000	£385,000	-£5,000	02 Apr 2026	03 Jul 2026	92 Days
15 Collette Court, Eleanor Close, London, SE16 6PW	£475,000	£467,000	-£8,000	16 Sep 2025	03 Jul 2026	290 Days
1 151 Horatio Court, Rotherhithe Street, London, SE16 5QQ	£550,000	£530,000	-£20,000	10 Sep 2025	17 Jun 2026	280 Days
Flat 9, 3 Meridian Court, East Lane, London, SE16 4UF	£435,000	£415,000	-£20,000	28 Nov 2025	05 Jun 2026	189 Days
Flat 28, Parker Building, Freda Street, London, SE16 4ED	£585,000	£560,000	-£25,000	19 Sep 2025	05 Jun 2026	259 Days
44 305 Somerville Point, Rotherhithe Street, London, SE16 5EQ	£700,000	£700,000	£0	04 Dec 2025	01 Jun 2026	179 Days
63 Aland Court, Finland Street, London, SE16 7LA	£335,000	£300,000	-£35,000	22 Jan 2026	29 May 2026	127 Days
173 Southwark Park Road, London, SE16 3TX	£385,000	£359,000	-£26,000	13 Oct 2025	29 May 2026	228 Days
Flat 12, Cleveley Court, Ashton Reach, London, SE16 7EP	£499,000	£485,000	-£14,000	03 Dec 2025	29 May 2026	177 Days
Flat 5, Cabot Court, Worgan Street, London, SE16 7WE	£550,000	£540,000	-£10,000	30 Oct 2025	28 May 2026	210 Days
Flat 17, Nickleby House Dickens Estate, George Row, London, SE16 4UW	£375,000	£360,000	-£15,000	24 Dec 2025	22 May 2026	149 Days
Apartment 56, 28 Claremont House, Quebec Way, London, SE16 7FS	£800,000	£779,000	-£21,000	07 Oct 2025	22 May 2026	227 Days
Flat 79, 11, Rossetti Road, London, SE16 3EY	£350,000	£335,000	-£15,000	22 Sep 2025	18 May 2026	238 Days
Flat 29, 28 Ontario Point, Surrey Quays Road, London, SE16 7EE	£700,000	£690,000	-£10,000	01 Sep 2025	15 May 2026	256 Days
62 Shipwright Road, London, SE16 6QA	£600,000	£600,000	£0	04 Mar 2026	15 May 2026	72 Days
47 Kinburn Street, London, SE16 6DW	£450,000	£440,000	-£10,000	19 Nov 2025	15 May 2026	177 Days
33 Frederick Square, London, SE16 5XR	£300,000	£300,000	£0	10 Nov 2025	13 May 2026	184 Days
Flat 37, Tissington Court, Rotherhithe New Road, London, SE16 2AQ	£375,000	£353,000	-£22,000	19 Sep 2025	12 May 2026	235 Days
96 Bermondsey Wall East, London, SE16 4TY	£650,000	£645,000	-£5,000	08 Oct 2025	11 May 2026	215 Days

Most Expensive Streets in SE16 (London)

Postcode	Street	Area	Average	No. of Sales
SE16 4TT	Bermondsey Wall East	London	£1,126,666	3
SE16 4JD	Elephant Lane	London	£1,120,625	8
SE16 2TB	Goldsworthy Gardens	London	£1,029,583	3
SE16 7RB	Rotherhithe Street	London	£1,025,333	3
SE16 4NF	Rotherhithe Street	London	£1,011,071	7
SE16 2TX	Gomm Road	London	£954,875	4
SE16 6SQ	Fishermans Drive	London	£912,333	3
SE16 6AL	Hurley Crescent	London	£905,666	3
SE16 4PA	West Lane	London	£900,360	6
SE16 7RW	Greenland Quay	London	£900,000	3

Least Expensive Streets in SE16 (London)

Postcode	Street	Area	Average	No. of Sales
SE16 4EP	Hartley House, Chambers Street, London	London	£166,884	19
SE16 6RL	Giverny House, Water Gardens Square	London	£183,437	4
SE16 2PD	Addy House Silwood Estate, Rotherhithe New Road	London	£235,000	3
SE16 3XB	Cadbury Way	London	£240,000	4
SE16 2EZ	Damory House Abbeyfield Estate, Abbeyfield Road	London	£242,000	3
SE16 3XA	Cadbury Way	London	£270,500	4
SE16 7PL	Russell Place	London	£276,666	3
SE16 3EQ	Stubbs Drive	London	£280,187	8
SE16 2HR	New Place Square	London	£282,000	5
SE16 2HX	Lockwood Square	London	£285,625	4