Housing Market Analysis for WEALD CLOSE, SE16 3ET

Are you looking to understand SE16 3ET 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 3ET area, explore the SE16 3ET Area information page.
For comprehensive crime statistics in the SE16 3ET area, explore the SE16 3ET Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £141,324 median price is £105,000 Standard Deviation is £106,827 with Total Sold: 39
- The Last 5 Year average price is £296,062 with Total Sold: 4
- The most recent sale happened at this postcode is 20 WEALD CLOSE: £342,000 (Sold on 26 Feb 2024)
- The first recorded sale happened at this postcode is 9 WEALD CLOSE: £27,500 (Sold on 31 May 1995)
Terraced
- The average price is around £605,000 median price is £605,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £605,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2 WEALD CLOSE: £605,000 (Sold on 19 Jul 2019)
- The first recorded sale happened at this postcode is 2 WEALD CLOSE: £605,000 (Sold on 19 Jul 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 3ET 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
2024	£342,000	£6,577	1
2023	£167,500	£2,939	1
2022	£306,000	£6,375	1
2019	£368,750	£7,703	1
2018	£222,500	£4,573	2
2017	£359,950	£6,428	1
2016	£320,000	£6,400	1
2015	£266,000	£5,490	2
2014	£240,000	£4,636	1
2013	£225,000	£4,688	1
2008	£102,500	£2,010	1
2007	£186,000	£3,712	3
2006	£159,500	£3,221	2
2003	£97,475	£1,948	2
2002	£90,167	£1,813	3
2001	£53,667	£1,057	3
2000	£71,375	£1,266	4
1998	£41,400	£806	5
1997	£30,500	£598	1
1996	£24,500	£554	2
1995	£27,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£605,000	£5,550	1

All the Sales in the WEALD CLOSE, SE16 3ET

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

Address	Sold Date	Price	% Change
20 WEALD CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1983-1990	26 Feb 2024	£342,000	388.57%
20 WEALD CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1983-1990	29 Aug 2003	£70,000	First Sale
30 WEALD CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 1991-1995	07 Mar 2023	£167,500	First Sale
25 WEALD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	18 Feb 2022	£306,000	First Sale
26 WEALD CLOSEFlat, LeaseholdArea: 47.87 Sq.mtrAge: 1991-1995	06 Dec 2019	£368,750	43.48%
	23 Sep 2015	£257,000	First Sale
2 WEALD CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 1976-1982	19 Jul 2019	£605,000	First Sale
36 WEALD CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	19 Dec 2018	£295,000	7.27%
	18 Dec 2015	£275,000	78.57%
	18 Dec 2006	£154,000	23.25%
	31 Oct 2003	£124,950	First Sale
11 WEALD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	22 Oct 2018	£150,000	First Sale
21 WEALD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1991-1995	07 Sep 2017	£359,950	657.79%
21 WEALD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1991-1995	30 Nov 2000	£47,500	First Sale
18 WEALD CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	18 Nov 2016	£320,000	77.78%
	12 Apr 2007	£180,000	9.09%
	18 Apr 2006	£165,000	First Sale
15 WEALD CLOSEFlat, LeaseholdArea: 51.77 Sq.mtrAge: 1983-1990	07 Mar 2014	£240,000	21.21%
	07 Sep 2007	£198,000	560.02%
	19 Jun 1998	£29,999	First Sale
31 WEALD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	24 May 2013	£225,000	233.33%
31 WEALD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	06 Sep 2002	£67,500	First Sale
14 WEALD CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	28 Feb 2008	£102,500	91.59%
	09 Aug 2001	£53,500	75.41%
	23 Nov 1998	£30,500	First Sale
37 WEALD CLOSEFlat, Leasehold	21 Jun 2007	£180,000	233.33%
37 WEALD CLOSEFlat, Leasehold	30 Oct 1998	£54,000	First Sale
13 WEALD CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	03 Sep 2002	£70,000	129.51%
13 WEALD CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	17 Oct 1997	£30,500	First Sale
19 WEALD CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	18 Jun 2002	£133,000	114.52%
19 WEALD CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	30 Oct 1998	£62,000	First Sale
12 WEALD CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	12 Sep 2001	£57,500	98.28%
12 WEALD CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	23 Feb 1996	£29,000	First Sale
24 WEALD CLOSEFlat, Leasehold	31 Aug 2001	£50,000	First Sale
22 WEALD CLOSEFlat, Leasehold	01 Sep 2000	£105,000	First Sale
38 WEALD CLOSEFlat, LeaseholdArea: 35 Sq.mtrAge: 1996-2002	19 May 2000	£38,000	90.00%
38 WEALD CLOSEFlat, LeaseholdArea: 35 Sq.mtrAge: 1996-2002	29 Feb 1996	£20,000	First Sale
23 WEALD CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	14 Jan 2000	£95,000	First Sale
10 WEALD CLOSEFlat, Leasehold	12 Jun 1998	£30,500	First Sale
9 WEALD CLOSEFlat, Leasehold	31 May 1995	£27,500	First Sale

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

WEALD CLOSE, SE16 3ET Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE16 3ET 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 3ET postcode.

Terraced
- The average price is around £263,155 median price is £215,000 Standard Deviation is £190,529 with Total Sold: 662
- The Last 5 Year average price is £565,395 with Total Sold: 99
- The most recent sale happened at this postcode is , 18 STRATHNAIRN STREET: £690,000 (Sold on 26 Sep 2024)
- The first recorded sale happened at this postcode is , 20 ABBEY GARDENS: £50,000 (Sold on 27 Jan 1995)
Other
- The average price is around £3,328,776 median price is £840,000 Standard Deviation is £8,221,515 with Total Sold: 119
- The Last 5 Year average price is £5,634,908 with Total Sold: 52
- The most recent sale happened at this postcode is FLAT 3, 549 OLD KENT ROAD: £373,000 (Sold on 06 Sep 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)
Flat
- The average price is around £217,149 median price is £170,000 Standard Deviation is £171,423 with Total Sold: 2,676
- The Last 5 Year average price is £361,308 with Total Sold: 392
- The most recent sale happened at this postcode is FLAT 96, 10 ROSSETTI ROAD: £325,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 93, 13 ROSSETTI ROAD: £47,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £267,920 median price is £222,500 Standard Deviation is £252,490 with Total Sold: 62
- The Last 5 Year average price is £510,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 22 ABBEY GARDENS: £430,000 (Sold on 27 Oct 2021)
- The first recorded sale happened at this postcode is , ST AUGUSTINES VICARAGE LYNTON ROAD: £85,000 (Sold on 28 Jul 1995)
Detached
- The average price is around £413,194 median price is £442,500 Standard Deviation is £213,557 with Total Sold: 8
- The Last 5 Year average price is £745,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 157 LYNTON ROAD: £745,000 (Sold on 01 Sep 2021)
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£590,000	£7,386	5
2023	£599,300	£8,106	15
2022	£551,077	£8,209	13
2021	£576,465	£8,177	29
2020	£589,712	£7,558	15
2019	£513,975	£7,453	22
2018	£579,929	£7,776	7
2017	£452,083	£6,878	9
2016	£542,515	£8,161	17
2015	£409,000	£6,031	21
2014	£474,364	£6,330	11
2013	£312,368	£5,003	19
2012	£293,750	£4,580	23
2011	£307,094	£5,764	16
2010	£302,000	£3,607	10
2009	£259,738	£3,832	4
2008	£287,857	£3,395	7
2007	£285,766	£3,841	33
2006	£242,632	£3,122	17
2005	£214,923	£3,377	26
2004	£213,057	£2,971	44
2003	£193,415	£2,666	27
2002	£183,799	£2,663	41
2001	£143,765	£2,283	36
2000	£121,778	£1,902	23
1999	£104,548	£1,562	30
1998	£83,083	£1,423	24
1997	£74,550	£1,155	25
1996	£79,670	£1,182	70
1995	£68,458	£1,075	23

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,000		3
2023	£525,000		2
2022	£4,140,611		9
2021	£4,497,700		15
2020	£9,930,502	£440,137	10
2019	£6,663,170	£3,599	13
2018	£2,212,236	£3,108	18
2017	£675,816	£3,405	19
2016	£1,585,686	£23,737	20
2015	£1,150,000		2
2014	£1,989,108	£6,140	6
2013	£2,250,000	£45,455	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£367,562	£6,057	24
2023	£409,968	£6,001	73
2022	£420,825	£5,882	67
2021	£316,372	£5,949	81
2020	£372,269	£6,077	48
2019	£315,085	£6,997	99
2018	£490,680	£6,280	60
2017	£439,504	£6,053	213
2016	£375,859	£6,133	113
2015	£272,287	£4,526	70
2014	£277,371	£4,508	76
2013	£217,405	£4,067	81
2012	£214,331	£3,685	65
2011	£186,785	£3,272	48
2010	£185,128	£3,171	43
2009	£178,830	£3,330	31
2008	£207,875	£3,726	67
2007	£197,293	£3,329	147
2006	£163,872	£3,157	104
2005	£160,087	£3,041	103
2004	£175,064	£2,966	129
2003	£148,843	£2,818	113
2002	£124,073	£2,479	106
2001	£109,110	£2,206	108
2000	£89,310	£1,844	114
1999	£69,385	£1,438	110
1998	£63,186	£1,260	90
1997	£50,387	£1,099	55
1996	£52,606	£1,061	126
1995	£54,268	£1,120	112

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£510,000	£8,176	2
2017	£783,333	£7,081	3
2016	£1,000,000		1
2014	£463,000	£6,401	2
2013	£402,500	£3,510	2
2012	£316,000	£5,382	2
2011	£260,000	£5,623	1
2010	£245,000	£5,000	2
2009	£250,000	£5,407	1
2008	£415,000	£3,023	2
2007	£554,375	£3,647	4
2006	£275,000	£3,118	4
2005	£238,000	£3,277	2
2004	£230,900	£3,003	5
2003	£315,238	£1,719	2
2002	£185,500	£2,201	2
2000	£120,667	£2,169	3
1999	£85,270	£1,684	6
1998	£98,250	£1,522	2
1997	£68,000	£1,362	2
1996	£68,784	£1,038	7
1995	£82,197	£863	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£745,000	£7,450	1
2016	£500,000		1
2012	£435,000	£3,566	1
2009	£450,000		1
2005	£295,000	£2,757	1
2004	£640,000		1
2000	£185,000	£1,517	1
1997	£55,550		1

House Type in SE16 3ET area

The most common house types in the SE16 3ET postcode area are Flat (107), Terraced (6), and Detached (1).

Total	115
Flat	107
Terraced	6
Detached	1
converted building	1
Semi-detached	0
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns with a mortgage or loan (33).

Private rented: Private landlord or letting agency	55
Owned: Owns with a mortgage or loan	33
Owned: Owns outright	12
Shared ownership: Shared ownership	6
Social rented: Other social rented	4
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SE16 3ET have 1 person in household (39), and 2 people in household (38).

1 person in household	39
2 people in household	38
3 people in household	24
4 people in household	7
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0