Rotherhithe, Bermondsey, Surrey Quays

House Prices in SE16

Properties in SE16 have an average house price of £503,824.00 and had 1736 Property Transactions within the last 3 years.
The most expensive property was sold for £1,765,000.00.

Property Price Paid in SE16 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £483,442.00 176 Properties
2025 £495,169.00 554 Properties
2024 £509,617.00 507 Properties
2023 £514,736.00 499 Properties
2022 £514,091.00 533 Properties
2021 £489,546.00 604 Properties
2020 £504,651.00 344 Properties
2019 £467,231.00 489 Properties
2018 £501,182.00 604 Properties
2017 £515,086.00 764 Properties
2016 £480,375.00 763 Properties
2015 £453,015.00 929 Properties
2014 £423,290.00 979 Properties
2013 £366,113.00 1,056 Properties
2012 £336,965.00 632 Properties
2011 £323,087.00 628 Properties
2010 £316,457.00 666 Properties
2009 £298,860.00 418 Properties
2008 £305,647.00 487 Properties
2007 £305,243.00 981 Properties
2006 £249,744.00 892 Properties
2005 £251,968.00 873 Properties
2004 £238,239.00 955 Properties
2003 £219,268.00 916 Properties
2002 £209,139.00 1,079 Properties
2001 £190,961.00 1,163 Properties
2000 £166,528.00 1,038 Properties
1999 £141,985.00 1,238 Properties
1998 £130,587.00 1,002 Properties
1997 £107,114.00 945 Properties
1996 £88,123.00 832 Properties
1995 £88,759.00 668 Properties

Property Price per Property Type in SE16

Here you can find historic sold price data in order to help with your property search.

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The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Detached House £840,333.00 6 Detached Houses
Flat £454,229.00 1,443 Flats
Semi Detached House £761,666.00 39 Semi Detached Houses
Terraced House £743,704.00 248 Terraced Houses

Houses and Flats for sale in SE16, Rotherhithe, Bermondsey, Surrey Quays

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There are 452 results. Property prices in SE16 range from £214k to £1.87M with an average price of £530k.


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Property market in SE16

Average asking price £529k typical £475k
Most prices £220k – £1.79M leaving out the extremes
Homes for sale 452 38 more under offer
New to the market 95 in the last 30 days
Typical time to sell 10 weeks last 12 months
Asking prices, year on year +3.1% homes newly listed
Gross rental yield 5.9–7.0% houses 5.9%, flats 7.0%

What's for sale

481 homes · share, count and typical price
Flats and apartments 88.4% 425 · £460k
Other homes 5.6% 27 · £425k
Terraced houses 4.4% 21 · £800k
Semi-detached houses 1.0% 5 · £750k
Detached houses 0.6% 3 · £750k

How many bedrooms

share, count and typical price
Studio 2.3% 11 · £495k
1 bedroom 27.8% 132 · £340k
2 bedrooms 50.5% 240 · £500k
3 bedrooms 13.5% 64 · £600k
4 bedrooms 4.6% 22 · £775k
5+ bedrooms 1.3% 6 · £900k

Price bands

481 homes
Under £350k 19.1% 92
£350k – £420k 16.6% 80
£420k – £520k 24.3% 117
£520k – £650k 17.7% 85
£650k and over 22.2% 107

Houses and flats compared

HousesFlats
Share of homes for sale6%88%
Typical asking price£800k£460k
Average bedrooms3.41.9
Typical time to sell11 weeks10 weeks
Gross rental yield5.9%7.0%

Asking prices over time

typical asking price of the homes first listed each quarter · −5.0% since 2024 Q4 Median asking price per quarter in SE16 2024 Q4: £500k (447 new listings) £500k 2024 Q4 2025 Q1: £475k (515 new listings) £475k 2025 Q1 2025 Q2: £485k (597 new listings) £485k 2025 Q2 2025 Q3: £457k (400 new listings) £457k 2025 Q3 2025 Q4: £475k (352 new listings) £475k 2025 Q4 2026 Q1: £525k (560 new listings) £525k 2026 Q1 2026 Q2: £475k (467 new listings) £475k 2026 Q2 2026 Q3: £475k (367 new listings) £475k 2026 Q3

Prices in and around SE16

typical asking price, cheapest first
  1. SE14 £425k
  2. SE8 £425k
  3. SE16 £475k
  4. E1 £490k
  5. SE1 £676k
  6. E1W £700k

Schools in SE16

12 primary · 4 secondary · 100% rated good or outstanding
  • St Michael's Catholic College secondary · Outstanding
  • Harris Academy Bermondsey secondary · Outstanding
  • Albion Primary School primary · Outstanding
  • Riverside Primary School primary · Outstanding
  • St Joseph's Catholic Primary School primary · Outstanding
  • Galleywall Primary School primary · Outstanding

Based on 481 homes for sale on Houses now, 1,670 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.


Frequently Asked Questions about SE16


What is the average house price in SE16?

The average home for sale in SE16 is priced at £529,000. A few very expensive homes pull that average up, so a more typical price is £475,000. This is based on the 481 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in SE16?

A typical 2-bedroom home in SE16 costs £500,000 and a 3-bedroom home £600,000. So the extra bedroom adds about £100,000. 1-bedroom homes start at around £340,000, and 4-bedroom homes are about £775,000.


What price range should I expect in SE16?

Most homes in SE16 are priced between £220,000 and £1.79 million, leaving out the very cheapest and most expensive. One in five costs less than £350,000, and one in five £650,000 or more.


How many homes are for sale in SE16?

There are 452 homes for sale in SE16 on Houses right now, plus 38 already under offer. 95 new listings came onto the market in the last 30 days.


Are house prices going up in SE16?

Yes. Homes put up for sale in SE16 over the last 12 months were advertised at a typical £500,000, 3.1% higher than the year before (£485,000). By size, 1-bedroom homes are down 3%, 2-bedroom homes are down 5% and 3-bedroom homes are up 4%.


How long does it take to sell a home in SE16?

Homes usually sell or come off the market within about 10 weeks. About 27% go within the first month, and a quarter take longer than about 5 months. Flats go faster, in about 10 weeks against about 11 weeks for houses.


What rental yield can I get in SE16?

About 7.0% gross for flats and 5.9% for houses. That compares typical rents with what flats and houses actually sold for in SE16 over the last year. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in SE16?

Flats and apartments are the most common, about 9 in 10 homes for sale in SE16. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £460,000, and terraced houses the most expensive, at about £800,000.


Where are the cheapest places to buy near SE16?

Of the areas around SE16, SE14 is the cheapest, with a typical asking price of £425,000, followed by SE8 (£425,000) and E1 (£490,000). SE16 itself is £475,000.


Are homes in SE16 freehold or leasehold?

About 1 in 10 homes for sale in SE16 are freehold and the rest leasehold, which is mostly flats. There are 20 new-build homes on the market too.


What are the schools like in SE16?

There are 12 primary and 4 secondary schools in SE16. 100% of those inspected by Ofsted were rated good or outstanding, and 6 were outstanding.


Which areas are included in the SE16 postcode district?

The main areas within SE16 include Rotherhithe, Bermondsey and Surrey Quays.


What has been the average sold property price in SE16 over the last three years?

Flats in SE16 have an average sold price of £454,229, while Terraced Houses have an average of £743,704. Semi Detached Houses have an average of £761,666 and Detached Houses have an average of £840,333. The average sold property price in SE16 over the last three years is approximately £496,076.


Which train stations are available in SE16?

The train stations available in SE16 are Canada Water Station, Rotherhithe Station, South Bermondsey Station and Surrey Quays Station.


Which tube stations are available in SE16?

The tube stations available in SE16 are Bermondsey Station, Rotherhithe Station, Surrey Quays Station, Canada Water Station and South Bermondsey Station.