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House Prices in SE16

The average house price in SE16 (London) is £504,562 using HM Land Registry data.

The average property price decreased by £19,076 (-3.03%) over the last 5 years and decreased by £3,813 (-0.62%) over the last 12 months.

Over the last year, there were 333 residential property sales – a decrease of 205 transactions (-61.56%) relative to the previous year. The majority of house sales (75) were in the £380,000 - £480,000 range. Then came properties in the £480,000 - £580,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 24 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,465 (-2%).

In Jul 2026, there were 93 new estate agency instructions, 42 agreed home sales and 100 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) - Jul 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 17, Nickleby House Dickens Estate, George Row, London, SE16 4UW	£375,000	£360,000	-£15,000	24 Dec 2025	22 May 2026	149 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
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
14 Admiral Place, London, SE16 5NY	£625,000	£605,000	-£20,000	12 Aug 2025	11 May 2026	272 Days
50 16 Elder House, Quebec Way, London, SE16 7ES	£700,000	£695,000	-£5,000	30 Oct 2025	08 May 2026	190 Days
6 393 Guild House, Rotherhithe New Road, London, SE16 3FN	£450,000	£435,000	-£15,000	07 May 2025	05 May 2026	363 Days
Apartment 16, 1, Varcoe Road, London, SE16 3FS	£275,000	£270,000	-£5,000	14 Oct 2025	01 May 2026	199 Days
88 Neckinger Estate, Neckinger, London, SE16 3QJ	£375,000	£370,000	-£5,000	24 Jul 2025	01 May 2026	281 Days
18 Russell Place, London, SE16 7PL	£315,000	£315,000	£0	13 Nov 2025	30 Apr 2026	168 Days
12 Brunswick Quay, London, SE16 7PY	£700,000	£690,000	-£10,000	17 Sep 2025	30 Apr 2026	225 Days
13 Chargrove Close, London, SE16 6AP	£825,000	£800,000	-£25,000	16 Mar 2026	30 Apr 2026	45 Days
Flat 2, 23, Corbetts Lane, London, SE16 2BQ	£450,000	£450,000	£0	11 Dec 2025	30 Apr 2026	140 Days
18 19 Old Town Hall Apartments, Spa Road, London, SE16 3SA	£750,000	£722,000	-£28,000	25 Sep 2025	27 Apr 2026	214 Days
Flat 5, 57 East India Court, St Marychurch Street, London, SE16 4HT	£475,000	£470,000	-£5,000	20 May 2025	27 Apr 2026	342 Days
39 Irwell Estate, Neptune Street, London, SE16 7JR	£375,000	£372,000	-£3,000	21 Jan 2026	24 Apr 2026	93 Days
15 Weald Close, London, SE16 3ET	£350,000	£345,000	-£5,000	17 Jul 2025	24 Apr 2026	281 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 7TS	Plover Way	London	£956,250	4
SE16 2TX	Gomm Road	London	£954,875	4
SE16 4NF	Rotherhithe Street	London	£919,583	6
SE16 6SQ	Fishermans Drive	London	£912,333	3
SE16 6AL	Hurley Crescent	London	£901,750	4
SE16 4PA	West Lane	London	£900,360	6

Least Expensive Streets in SE16 (London)

Postcode	Street	Area	Average	No. of Sales
SE16 4EP	Hartley House, Chambers Street, London	London	£176,540	20
SE16 2EZ	Damory House Abbeyfield Estate, Abbeyfield Road	London	£242,000	3
SE16 6RL	Giverny House, Water Gardens Square	London	£247,750	5
SE16 3XB	Cadbury Way	London	£267,000	5
SE16 3XA	Cadbury Way	London	£270,800	5
SE16 3ED	Stubbs Drive	London	£271,666	3
SE16 2DT	Westlake, Rotherhithe New Road	London	£272,333	3
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