Housing Market Analysis for VARCOE ROAD, SE16 3AD

Are you looking to understand SE16 3AD house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Southwark postcode.

For the location information and nearby amenities in the SE16 3AD area, explore the SE16 3AD Area information page.
For comprehensive crime statistics in the SE16 3AD area, explore the SE16 3AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE16 3AD postcode area, The average prices are as follows,

Flat
- The average price is around £290,567 median price is £275,000 Standard Deviation is £80,944 with Total Sold: 93
- The Last 5 Year average price is £416,833 with Total Sold: 9
- The most recent sale happened at this postcode is UNIT G05, CROWN PLACE APARTMENTS, 20 VARCOE ROAD: £550,000 (Sold on 23 Aug 2023)
- The first recorded sale happened at this postcode is UNIT 302, CROWN PLACE APARTMENTS, 20 VARCOE ROAD: £217,467 (Sold on 23 Dec 2003)
Other
- The average price is around £305,187 median price is £305,187 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £305,187 with Total Sold: 1
- The most recent sale happened at this postcode is APARTMENT G01, CROWN PLACE, 20 VARCOE ROAD: £305,187 (Sold on 28 Nov 2019)
- The first recorded sale happened at this postcode is APARTMENT G01, CROWN PLACE, 20 VARCOE ROAD: £305,187 (Sold on 28 Nov 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 3AD house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£550,000		1
2022	£395,500	£4,966	3
2021	£381,667	£5,752	3
2020	£380,000	£5,278	1
2019	£490,000	£4,495	1
2017	£435,000	£3,346	1
2016	£369,750	£5,495	4
2015	£390,000	£5,279	5
2014	£376,800	£3,834	5
2013	£268,333	£3,953	3
2012	£287,500	£3,465	2
2011	£328,000	£2,828	1
2010	£311,667	£2,743	3
2009	£292,333	£3,039	3
2008	£295,000	£2,783	1
2007	£284,000	£3,285	6
2006	£238,917	£3,565	6
2005	£204,125	£3,061	4
2004	£247,311	£2,997	35
2003	£219,672	£3,094	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£305,187		1

All the Sales in the VARCOE ROAD, SE16 3AD

See the table below for more details on the sold house prices in the SE16 3AD, Southwark postcode.

Address	Sold Date	Price	% Change
UNIT G05, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, Leasehold	23 Aug 2023	£550,000	First Sale
UNIT G08, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, Leasehold	21 Sep 2022	£306,500	11.05%
	03 Oct 2014	£276,000	62.36%
	10 Mar 2004	£169,995	First Sale
UNIT 204, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 112.35 Sq.mtrAge: 2003-2006	13 May 2022	£500,000	56.25%
	20 Dec 2010	£320,000	14.29%
	18 May 2007	£280,000	16.67%
	23 Jan 2004	£240,000	First Sale
UNIT 402, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 69.33 Sq.mtrAge: 2003-2006	13 May 2022	£380,000	58.33%
	08 Feb 2006	£240,000	-1.03%
	30 Jan 2004	£242,495	First Sale
UNIT 211, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 63.43 Sq.mtrAge: 2003-2006	18 Jun 2021	£405,000	6.58%
	19 Dec 2016	£380,000	62.39%
	15 Sep 2004	£234,000	First Sale
UNIT 309, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	27 May 2021	£320,000	32.23%
	30 Jul 2004	£242,000	First Sale
UNIT 102, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 69.73 Sq.mtrAge: 1996-2002	24 May 2021	£420,000	58.49%
	03 Oct 2013	£265,000	-3.64%
	19 Oct 2009	£275,000	17.52%
	18 Sep 2006	£234,000	11.01%
	23 Dec 2003	£210,795	First Sale
UNIT 403, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	06 Mar 2020	£380,000	31.03%
	20 Sep 2013	£290,000	3.57%
	15 Nov 2007	£280,000	38.55%
	03 Jun 2004	£202,100	First Sale
APARTMENT G01, CROWN PLACE, 20 VARCOE ROADOther, Freehold	28 Nov 2019	£305,187	First Sale
UNIT 205, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 109 Sq.mtrAge: 2007 onwards	31 May 2019	£490,000	6.99%
	26 Sep 2014	£458,000	79.26%
	02 Sep 2004	£255,500	4.29%
	09 Jan 2004	£244,995	First Sale
UNIT 103, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 130 Sq.mtrAge: 2003-2006	25 Sep 2017	£435,000	77.55%
	28 Jan 2004	£245,000	First Sale
UNIT 401, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 70 Sq.mtrAge: 1950-1966	21 Oct 2016	£341,000	40.62%
	30 Jan 2004	£242,495	First Sale
UNIT G03, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, Leasehold	06 Apr 2016	£415,000	45.61%
	20 Jul 2007	£285,000	20.00%
	23 Dec 2003	£237,495	First Sale
UNIT 501, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	18 Jan 2016	£343,000	38.87%
	02 Sep 2004	£247,000	First Sale
UNIT 502, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 75 Sq.mtrAge: INVALID!	15 Dec 2015	£482,000	46.06%
	17 Sep 2007	£330,000	63.29%
	03 Jun 2004	£202,100	First Sale
APARTMENT 101, CROWN PLACE, 20 VARCOE ROADFlat, Leasehold	10 Dec 2015	£355,000	42.00%
	24 Jan 2014	£250,000	0.0
	12 Oct 2007	£250,000	18.14%
	24 Dec 2003	£211,605	First Sale
APARTMENT G04, CROWN PLACE, 20 VARCOE ROADFlat, Leasehold	10 Dec 2015	£403,000	75.22%
APARTMENT G04, CROWN PLACE, 20 VARCOE ROADFlat, Leasehold	12 Mar 2004	£230,000	First Sale
UNIT 406, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 82.13 Sq.mtrAge: 2003-2006	01 Jul 2015	£380,000	34.28%
	13 Oct 2004	£283,000	First Sale
UNIT 202, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 2003-2006	29 Jun 2015	£330,000	47.25%
	06 Jan 2004	£224,105	First Sale
UNIT 305, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 133 Sq.mtrAge: 2003-2006	06 Oct 2014	£450,000	31.96%
	07 Apr 2004	£341,000	First Sale
UNIT 105, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 114.9 Sq.mtrAge: 2003-2006	02 May 2014	£450,000	57.89%
	07 Jan 2004	£285,000	First Sale
UNIT 408, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	18 Mar 2013	£250,000	15.21%
	14 Oct 2005	£217,000	First Sale
APARTMENT 206, CROWN PLACE, 20 VARCOE ROADFlat, Leasehold	17 Sep 2012	£335,000	43.21%
APARTMENT 206, CROWN PLACE, 20 VARCOE ROADFlat, Leasehold	31 Mar 2004	£233,919	First Sale
UNIT 302, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 69.26 Sq.mtrAge: 2003-2006	31 May 2012	£240,000	10.36%
	23 Dec 2003	£217,467	First Sale
UNIT 404, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 116 Sq.mtrAge: 2003-2006	20 Oct 2011	£328,000	8.61%
	06 Jul 2009	£302,000	-15.52%
	30 Jul 2004	£357,500	First Sale
UNIT G06, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, Leasehold	30 Nov 2010	£307,000	11.64%
	10 Feb 2006	£275,000	24.72%
	11 Jun 2004	£220,500	First Sale
UNIT 306, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 116.8 Sq.mtrAge: 2003-2006	18 Nov 2010	£308,000	2.67%
	24 Nov 2009	£300,000	-4.40%
	07 Jan 2004	£313,793	First Sale
UNIT 208, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 106 Sq.mtrAge: 2003-2006	29 Aug 2008	£295,000	10.28%
	30 Apr 2004	£267,500	First Sale
UNIT 207, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 118.2 Sq.mtrAge: 2003-2006	02 Feb 2007	£279,000	17.48%
	08 Apr 2004	£237,495	First Sale
UNIT 410, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 66.2 Sq.mtrAge: 2003-2006	12 Dec 2006	£216,000	-12.55%
	30 Sep 2004	£247,000	First Sale
UNIT 210, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-2011	23 Nov 2006	£234,500	17.60%
	02 Mar 2004	£199,405	First Sale
UNIT 308, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	31 Jan 2006	£234,000	6.37%
	27 Feb 2004	£219,995	First Sale
UNIT G010, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, Leasehold	22 Dec 2005	£142,500	First Sale
UNIT 209, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards	30 Nov 2005	£217,000	8.82%
	02 Mar 2004	£199,405	First Sale
UNIT 405, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 110 Sq.mtrAge: 2007-2011	02 Jun 2005	£240,000	First Sale
UNIT 304, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 130.66 Sq.mtrAge: 2003-2006	12 Oct 2004	£331,000	First Sale
UNIT 407, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 117.56 Sq.mtrAge: 1996-2002	13 Jul 2004	£294,500	First Sale
UNIT 307, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	05 Jul 2004	£229,000	First Sale
UNIT 409, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 1983-1990	12 May 2004	£237,000	First Sale
UNIT 301, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 2007-2011	30 Apr 2004	£247,606	First Sale
UNIT G07, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, Leasehold	14 Apr 2004	£194,500	First Sale
UNIT 203, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, Leasehold	09 Jan 2004	£219,995	First Sale
UNIT 104, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 113.3 Sq.mtrAge: 2003-2006	07 Jan 2004	£275,000	First Sale
UNIT 303, CROWN PLACE APARTMENTS, 20 VARCOE ROADFlat, LeaseholdArea: 70.82 Sq.mtrAge: 2003-2006	23 Dec 2003	£221,000	First Sale

Check out the sold house prices near the SE16 3AD postcode. Properties currently for saleProperties currently for rent

VARCOE ROAD, SE16 3AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE16 3AD postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SE16 3AD postcode.

Flat
- The average price is around £209,710 median price is £166,000 Standard Deviation is £170,277 with Total Sold: 2,321
- The Last 5 Year average price is £347,164 with Total Sold: 346
- The most recent sale happened at this postcode is FLAT 4, DOVER HOUSE, 11 LOVELINCH CLOSE: £197,200 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 93, 13 ROSSETTI ROAD: £47,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £235,135 median price is £200,000 Standard Deviation is £163,137 with Total Sold: 395
- The Last 5 Year average price is £526,532 with Total Sold: 51
- The most recent sale happened at this postcode is , 11 CREDON ROAD: £580,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 7 GERARDS CLOSE: £55,000 (Sold on 31 Jan 1995)
Other
- The average price is around £3,757,162 median price is £985,000 Standard Deviation is £6,930,484 with Total Sold: 148
- The Last 5 Year average price is £5,322,519 with Total Sold: 74
- The most recent sale happened at this postcode is , 143 ORMSIDE STREET: £465,000 (Sold on 05 Apr 2024)
- The first recorded sale happened at this postcode is 28, CHEVRON APARTMENTS, 294 ST JAMES'S ROAD: £3,500,000 (Sold on 19 Dec 2013)
Semi-Detached
- The average price is around £263,498 median price is £211,500 Standard Deviation is £272,095 with Total Sold: 29
- The most recent sale happened at this postcode is , 639 OLD KENT ROAD: £1,275,000 (Sold on 31 Mar 2017)
- The first recorded sale happened at this postcode is , 30 SHERWOOD GARDENS: £83,000 (Sold on 18 Dec 1995)
Detached
- The average price is around £261,110 median price is £205,000 Standard Deviation is £182,068 with Total Sold: 5
- The most recent sale happened at this postcode is , 90 VARCOE ROAD: £500,000 (Sold on 19 Jan 2016)
- The first recorded sale happened at this postcode is , 90 VARCOE ROAD: £55,550 (Sold on 29 Aug 1997)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£334,753	£5,773	26
2023	£421,109	£6,248	64
2022	£413,141	£5,875	62
2021	£287,472	£5,561	68
2020	£332,129	£5,755	34
2019	£304,444	£7,026	92
2018	£481,664	£6,056	56
2017	£450,554	£6,117	187
2016	£342,954	£5,576	98
2015	£249,300	£4,248	75
2014	£246,957	£4,141	59
2013	£202,039	£4,001	64
2012	£194,764	£3,799	36
2011	£180,736	£3,246	37
2010	£181,707	£3,043	41
2009	£171,839	£3,528	28
2008	£189,699	£3,270	44
2007	£192,109	£3,381	113
2006	£163,390	£3,150	80
2005	£156,725	£2,968	89
2004	£176,489	£3,009	119
2003	£139,457	£2,918	84
2002	£130,216	£2,652	100
2001	£107,110	£2,211	99
2000	£88,602	£1,877	106
1999	£67,759	£1,441	109
1998	£63,741	£1,322	74
1997	£47,770	£1,004	56
1996	£54,066	£1,102	113
1995	£54,885	£1,139	108

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£635,000		2
2023	£538,409	£7,594	11
2022	£538,938	£7,352	8
2021	£522,773	£7,437	11
2020	£541,022	£6,672	8
2019	£479,132	£6,253	11
2018	£513,125	£5,379	4
2017	£424,150	£5,850	10
2016	£493,100	£5,225	5
2015	£408,400	£5,245	10
2014	£380,889	£5,620	9
2013	£298,750	£3,897	10
2012	£280,714	£3,949	7
2011	£246,700	£3,375	5
2010	£270,000	£2,825	5
2009	£283,975	£3,724	2
2008	£339,500	£3,422	5
2007	£267,285	£3,543	21
2006	£230,000	£2,464	13
2005	£222,031	£3,122	16
2004	£215,900	£2,828	25
2003	£178,213	£2,404	22
2002	£176,760	£2,369	25
2001	£146,621	£1,968	19
2000	£118,992	£1,966	12
1999	£99,286	£1,165	14
1998	£108,603	£1,229	14
1997	£71,866	£813	15
1996	£81,987	£1,183	60
1995	£58,636	£782	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£358,333		3
2023	£3,830,000		5
2022	£4,725,955		11
2021	£4,530,087		25
2020	£6,272,932		10
2019	£7,283,720		20
2018	£3,424,571	£4,667	19
2017	£1,302,475	£3,334	20
2016	£2,258,727	£39,474	18
2015	£694,686		6
2014	£2,275,204	£6,140	10
2013	£3,500,000	£45,455	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£1,275,000		1
2016	£1,000,000		1
2014	£480,000	£6,400	1
2013	£402,500	£3,510	2
2012	£272,000	£5,914	1
2007	£326,250	£4,433	2
2006	£290,000	£3,118	2
2005	£211,500	£3,647	1
2004	£215,000	£2,867	1
2003	£306,825	£1,719	3
2000	£155,000		1
1999	£98,750		2
1998	£106,500	£1,638	1
1997	£80,165	£1,140	3
1996	£68,163	£1,231	3
1995	£81,496	£1,198	4

House Type: Detached

Year	Avg. Price	Sold
2016	£500,000	1
2009	£450,000	1
2005	£205,000	1
1998	£95,001	1
1997	£55,550	1

House Type in SE16 3AD area

The most common house types in the SE16 3AD postcode area are Flat (152), Terraced (24), and Semi-detached (5).

Total	189
Flat	152
Terraced	24
Semi-detached	5
Shared house	5
Detached	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (82), and Social rented: Other social rented (44).

Owned: Owns with a mortgage or loan	82
Social rented: Other social rented	44
Private rented: Private landlord or letting agency	44
Owned: Owns outright	11
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SE16 3AD have 1 person in household (79), and 2 people in household (57).

1 person in household	79
2 people in household	57
4 people in household	24
3 people in household	22
5 people in household	6
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0