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Rotherhithe House Prices

The average house price in Rotherhithe is £607,557 using HM Land Registry data.

The average property price increased by £44,361 (8.29%) over the last 5 years and increased by £8,888 (1.56%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 25 transactions (-21.55%) relative to the previous year. The majority of house sales (31) were in the £454,000 - £548,000 range. Then came properties in the £360,000 - £454,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 213 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,413 (-3%).

In February 2025, there were 39 new estate agency instructions, 27 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in Rotherhithe

8.29%

Property prices in Rotherhithe increased by 8.29% 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 Rotherhithe Over the Last Year

1.56%

Property prices in Rotherhithe increased by 1.56% 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 Rotherhithe - February 2025

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 Rotherhithe

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 Rotherhithe

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 Rotherhithe

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 Rotherhithe since 1995

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

Recent Property Sales in Rotherhithe

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Keel Close, London, Greater London, SE16 6BX	£728,000	£708,000	-£20,000	17 Jun 2024	24 Jan 2025	221 Days
Flat 71, Tudor Court, Princes Riverside Road, London, Greater London, SE16 5RH	£1,100,000	£1,050,000	-£50,000	27 Jun 2024	06 Jan 2025	193 Days
7 Somerford Way, London, Greater London, SE16 6QN	£850,000	£825,000	-£25,000	23 Aug 2024	20 Dec 2024	119 Days
36 Stave Yard Road, London, Greater London, SE16 6NU	£575,000	£555,000	-£20,000	03 Jul 2024	17 Dec 2024	167 Days
192 Rotherhithe Street, London, Greater London, SE16 7RB	£1,000,000	£961,000	-£39,000	20 Aug 2024	16 Dec 2024	118 Days
14 Princes Riverside Road, London, Greater London, SE16 5RD	£995,000	£975,000	-£20,000	04 Sep 2024	05 Dec 2024	92 Days
18 Reveley Square, London, Greater London, SE16 6HS	£525,000	£517,000	-£8,000	19 Feb 2024	03 Dec 2024	288 Days
25 Isambard Place, London, Greater London, SE16 7DA	£675,000	£600,000	-£75,000	01 Aug 2024	29 Nov 2024	120 Days
16 Admiral Place, London, Greater London, SE16 5NY	£950,000	£938,190	-£11,810	17 Jul 2024	30 Oct 2024	105 Days
8 Fisher Close, London, Greater London, SE16 5AE	£745,000	£660,000	-£85,000	17 Apr 2018	15 Aug 2024	2312 Days
24 Elizabeth Square, London, Greater London, SE16 5XN	£525,000	£500,000	-£25,000	21 Dec 2023	14 Aug 2024	237 Days
9 Sophia Square, London, Greater London, SE16 5XL	£465,000	£465,000	£0	23 Feb 2024	05 Aug 2024	164 Days
Flat 31, Bellamys Court, Abbotshade Road, London, Greater London, SE16 5RF	£800,000	£785,000	-£15,000	15 Sep 2023	21 Jun 2024	280 Days
1 Sophia Square, London, Greater London, SE16 5XL	£475,000	£467,500	-£7,500	28 Dec 2023	30 May 2024	154 Days
22 Timber Pond Road, London, Greater London, SE16 6AG	£600,000	£600,000	£0	05 Oct 2023	03 May 2024	211 Days
217 Rotherhithe Street, London, Greater London, SE16 5XW	£750,000	£746,000	-£4,000	25 Nov 2023	26 Apr 2024	153 Days
Flat 117, Tivoli Court, Rotherhithe Street, London, Greater London, SE16 5UD	£425,000	£418,000	-£7,000	05 Oct 2023	19 Apr 2024	197 Days
61 Shipwright Road, London, Greater London, SE16 6QA	£715,000	£700,000	-£15,000	23 Dec 2023	09 Apr 2024	108 Days
7 Surrey Water Road, London, Greater London, SE16 5BW	£865,000	£865,000	£0	22 Aug 2023	27 Mar 2024	218 Days
1 Fishermans Drive, London, Greater London, SE16 6SG	£780,000	£780,000	£0	27 Jun 2023	27 Mar 2024	274 Days

Most Expensive Streets in Rotherhithe

Postcode	Street	Area	Average	No. of Sales
SE16 6AW	Cookham Crescent	London	£1,079,000	3
SE16 6PA	Eleanor Close	London	£974,333	3
SE16 4JD	Elephant Lane	London	£957,500	7
SE16 6SF	Wolfe Crescent	London	£900,000	5
SE16 6AL	Hurley Crescent	London	£864,400	5
SE16 4NF	Rotherhithe Street	London	£830,000	4
SE16 5PF	Leydon Close	London	£805,625	8
SE16 6AY	Dock Hill Avenue	London	£761,100	5
SE16 6QW	Somerford Way	London	£750,000	5
SE16 6SQ	Fishermans Drive	London	£746,666	3

Least Expensive Streets in Rotherhithe

Postcode	Street	Area	Average	No. of Sales
SE16 5HG	Capstan Way	London	£288,333	3
SE16 5EL	Rotherhithe Street	London	£331,666	3
SE16 6SS	Monkton House	Wolfe Crescent	£331,666	3
SE16 6QH	Victory Way	London	£340,100	5
SE16 7DH	Larch House	Ainsty Estate	£348,800	5
SE16 5SH	Balmoral Court	King & Queen Wharf	£354,125	4
SE16 5HB	Bryan House	Rotherhithe Street, London	£355,493	8
SE16 4LA	Brunel Road	London	£372,333	3
SE16 6AU	Baltic Court	Timber Pond Road	£375,000	4
SE16 6XE	Basque Court	Garter Way	£377,583	6