Housing Market Analysis for SPA ROAD, SE16 3QT

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £406,150 median price is £408,000 Standard Deviation is £111,429 with Total Sold: 33
    • The Last 5 Year average price is £561,000 with Total Sold: 5
    • The most recent sale happened at this postcode is FLAT 19, PULLMAN BUILDING, 88 SPA ROAD: £550,000 (Sold on 25 Aug 2023)
    • The first recorded sale happened at this postcode is FLAT 21, PULLMAN BUILDING, 88 SPA ROAD: £580,000 (Sold on 17 Aug 2023)
  • Other
    • The average price is around £647,500 median price is £647,500 Standard Deviation is £227,500 with Total Sold: 2
    • The Last 5 Year average price is £875,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 1, PULLMAN BUILDING, 88 SPA ROAD: £875,000 (Sold on 04 Feb 2022)
    • The first recorded sale happened at this postcode is UNIT 1, PULLMAN BUILDING, 88 SPA ROAD: £420,000 (Sold on 25 Feb 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 3QT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£565,000 £8,625 2
2022£558,333 £8,278 3
2017£555,000 £9,098 1
2015£460,800 £6,984 5
2014£376,550 £6,443 20
2002£143,0001
2000£64,9501
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£875,0001
2016£420,0001

All the Sales in the SPA ROAD, SE16 3QT

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

AddressSold DatePrice% Change
FLAT 19, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 65 Sq.mtr25 Aug 2023£550,00032.21%
28 Jul 2014£416,000First Sale
FLAT 24, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 73 Sq.mtr17 Aug 2022£555,00025.28%
04 Aug 2014£443,000First Sale
FLAT 1, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 65 Sq.mtr22 Apr 2022£570,00012.87%
24 Nov 2015£505,00026.88%
28 Jul 2014£398,000First Sale
FLAT 7, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 65 Sq.mtr26 Mar 2022£550,00036.48%
28 Jul 2014£403,000First Sale
UNIT 1, PULLMAN BUILDING, 88 SPA ROADOther, Leasehold04 Feb 2022£875,000108.33%
25 Feb 2016£420,000First Sale
FLAT 4, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 61 Sq.mtr21 Jul 2017£555,00045.29%
30 Jul 2014£382,000First Sale
FLAT 6, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 74 Sq.mtrAge: 1996-200218 Dec 2015£426,000First Sale
FLAT 3, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 66 Sq.mtr18 Dec 2015£408,000First Sale
FLAT 10, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 61 Sq.mtr26 Mar 2015£475,00022.74%
31 Jul 2014£387,000First Sale
FLAT 9, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 66 Sq.mtr20 Mar 2015£490,000First Sale
FLAT 14, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 49 Sq.mtr08 Aug 2014£329,000First Sale
FLAT 12, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 73 Sq.mtrAge: 2012 onwards06 Aug 2014£432,000First Sale
FLAT 17, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 48 Sq.mtr05 Aug 2014£326,000First Sale
FLAT 18, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 72 Sq.mtrAge: 2012 onwards04 Aug 2014£440,000First Sale
FLAT 5, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 46 Sq.mtr01 Aug 2014£307,000First Sale
FLAT 8, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 49 Sq.mtr01 Aug 2014£323,000First Sale
FLAT 23, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 48 Sq.mtr01 Aug 2014£334,000First Sale
FLAT 11, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 48 Sq.mtr01 Aug 2014£323,000First Sale
FLAT 16, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 61 Sq.mtr31 Jul 2014£392,000First Sale
FLAT 22, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 61 Sq.mtr31 Jul 2014£398,000First Sale
FLAT 15, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 67 Sq.mtrAge: 2012 onwards30 Jul 2014£420,000First Sale
FLAT 21, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 66 Sq.mtr30 Jul 2014£426,000-26.55%
17 Aug 2023£580,000First Sale
FLAT 2, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 49 Sq.mtr29 Jul 2014£318,000First Sale
FLAT 20, PULLMAN BUILDING, 88 SPA ROADFlat, LeaseholdArea: 49 Sq.mtr29 Jul 2014£334,000First Sale
98 SPA ROADFlat, Leasehold23 Dec 2002£143,000120.17%
19 Jan 2000£64,950First Sale

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

SPA ROAD, SE16 3QT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £348,180 median price is £300,000 Standard Deviation is £229,718 with Total Sold: 5,643
    • The Last 5 Year average price is £554,668 with Total Sold: 827
    • The most recent sale happened at this postcode is FLAT 93, EYOT HOUSE SUN PASSAGE: £402,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 401, DEVON MANSIONS TOOLEY STREET: £34,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £329,224 median price is £249,972 Standard Deviation is £255,574 with Total Sold: 66
    • The Last 5 Year average price is £777,222 with Total Sold: 9
    • The most recent sale happened at this postcode is , 26 LONGLEY STREET: £950,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 78 GRANGE ROAD: £28,500 (Sold on 18 Aug 1995)
  • Terraced
    • The average price is around £404,378 median price is £313,500 Standard Deviation is £290,915 with Total Sold: 644
    • The Last 5 Year average price is £769,553 with Total Sold: 76
    • The most recent sale happened at this postcode is 1, OTTERDEN TERRACE, 10 LYNTON ROAD: £755,000 (Sold on 15 Aug 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 £2,879,977 median price is £605,000 Standard Deviation is £6,486,620 with Total Sold: 118
    • The Last 5 Year average price is £2,760,079 with Total Sold: 27
    • The most recent sale happened at this postcode is , 116 TOWER BRIDGE ROAD: £4,000,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is 1, MARKS COURT GRIGGS PLACE: £22,000 (Sold on 12 Jan 2006)
  • Detached
    • The average price is around £283,731 median price is £155,000 Standard Deviation is £302,968 with Total Sold: 13
    • The most recent sale happened at this postcode is , 2 KEATS CLOSE: £619,000 (Sold on 02 Nov 2016)
    • The first recorded sale happened at this postcode is , 19 GEORGE ROW: £121,000 (Sold on 11 Sep 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£470,851 £7,237 83
2023£496,677 £7,460 169
2022£555,469 £8,340 198
2021£618,044 £8,537 266
2020£552,333 £8,423 111
2019£473,624 £7,365 135
2018£510,723 £7,844 190
2017£506,310 £8,072 187
2016£466,467 £7,776 197
2015£525,410 £7,675 368
2014£451,621 £6,932 345
2013£383,544 £5,764 229
2012£369,798 £5,820 231
2011£302,357 £4,793 233
2010£320,633 £4,799 211
2009£311,468 £4,789 192
2008£305,065 £4,990 147
2007£260,076 £4,195 240
2006£248,420 £3,829 223
2005£255,593 £3,380 166
2004£220,385 £3,588 217
2003£206,714 £3,107 174
2002£180,778 £2,921 171
2001£171,929 £2,547 134
2000£154,983 £2,253 165
1999£135,102 £2,014 203
1998£90,280 £1,245 108
1997£96,201 £1,589 192
1996£88,544 £1,198 112
1995£91,998 £1,025 46
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£907,5002
2023£771,667 £7,578 3
2021£693,333 £7,798 3
2020£785,000 £7,156 1
2016£787,250 £6,826 2
2014£640,000 £6,324 1
2012£392,500 £3,513 2
2011£380,000 £3,704 1
2010£391,400 £6,105 5
2008£380,0001
2006£508,000 £5,372 3
2005£242,500 £3,099 2
2004£427,500 £2,552 2
2003£270,667 £2,427 6
2002£254,989 £2,089 5
2001£167,500 £1,509 1
2000£142,500 £1,768 6
1999£153,634 £1,937 8
1998£81,167 £713 3
1997£76,438 £1,107 4
1996£106,250 £1,141 4
1995£28,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£805,9449
2023£809,846 £8,216 13
2022£859,216 £9,334 20
2021£692,330 £8,365 22
2020£690,750 £7,192 12
2019£715,564 £7,897 26
2018£866,866 £9,243 15
2017£708,234 £8,014 16
2016£737,550 £7,958 10
2015£701,526 £7,362 25
2014£570,988 £6,014 13
2013£561,858 £5,853 36
2012£366,867 £4,909 23
2011£401,222 £4,197 27
2010£418,696 £4,512 23
2009£339,420 £3,903 15
2008£360,458 £4,161 18
2007£378,654 £4,125 24
2006£319,998 £3,021 27
2005£266,391 £3,159 23
2004£247,748 £3,018 36
2003£211,608 £2,316 20
2002£229,400 £2,398 31
2001£192,643 £2,460 31
2000£187,705 £2,094 40
1999£139,536 £1,666 21
1998£100,456 £1,178 17
1997£72,066 £941 19
1996£72,923 £1,088 13
1995£73,549 £857 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,000,0001
2023£1,196,250 £6,717 4
2022£846,167 £6,398 6
2021£1,785,895 £2,665 8
2020£5,796,6218
2019£3,628,138 £2,447 9
2018£4,173,745 £11,581 15
2017£307,405 £1,228 23
2016£3,940,243 £96,540 25
2015£3,446,4047
2014£5,160,643 £1,394 7
2013£1,052,000 £23,529 4
2006£22,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£619,000 £7,082 1
2012£390,000 £4,462 1
2007£435,000 £4,634 1
2003£1,170,0001
2001£80,0001
1998£160,667 £2,190 3
1997£106,833 £1,143 3
1996£96,0002

House Type in SE16 3QT area

The most common house types in the SE16 3QT postcode area are Flat (219), Terraced (13), and commercial building (4).

Total239
Flat219
Terraced13
commercial building4
Semi-detached3
Detached0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (76), and Social rented: Other social rented (57).

Private rented: Private landlord or letting agency76
Social rented: Other social rented57
Owned: Owns with a mortgage or loan39
Social rented: Rents from council or Local Authority32
Owned: Owns outright20
Shared ownership: Shared ownership12
Private rented: Other private rented6
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SE16 3QT have 2 people in household (91), and 1 person in household (73).

2 people in household91
1 person in household73
3 people in household36
4 people in household27
5 people in household8
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0