Housing Market Analysis for SPA ROAD, SE16 3SG

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

Overview of Sold House prices

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

Flat
- The average price is around £396,498 median price is £360,000 Standard Deviation is £136,492 with Total Sold: 49
- The Last 5 Year average price is £472,800 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 58, BOLANACHI BUILDING SPA ROAD: £490,000 (Sold on 25 Jun 2021)
- The first recorded sale happened at this postcode is FLAT 70, BOLANACHI BUILDING SPA ROAD: £690,000 (Sold on 19 Dec 2023)
Other
- The average price is around £1,320,000 median price is £1,320,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is UNIT D, BOLANACHI BUILDING SPA ROAD: £1,320,000 (Sold on 30 Nov 2018)
- The first recorded sale happened at this postcode is UNIT D, BOLANACHI BUILDING SPA ROAD: £1,320,000 (Sold on 30 Nov 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 3SG 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
2021	£490,000		1
2020	£288,000	£5,724	2
2019	£608,000	£8,812	1
2018	£286,250	£6,468	2
2017	£580,000		1
2016	£614,983	£8,734	3
2015	£545,000	£9,727	3
2014	£488,333	£7,353	3
2013	£410,000	£6,029	1
2012	£349,475	£5,621	4
2011	£371,744	£6,891	8
2010	£325,532	£5,174	19
2023	£690,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£1,320,000		1

All the Sales in the SPA ROAD, SE16 3SG

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

Address	Sold Date	Price	% Change
FLAT 58, BOLANACHI BUILDING SPA ROADFlat, Leasehold	25 Jun 2021	£490,000	40.00%
FLAT 58, BOLANACHI BUILDING SPA ROADFlat, Leasehold	14 Jan 2011	£350,000	First Sale
FLAT 65, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 76 Sq.mtrAge: 2007-2011	15 Oct 2020	£435,000	-27.49%
	30 Aug 2016	£599,950	First Sale
FLAT 31, BOLANACHI BUILDING SPA ROADFlat, Leasehold	13 Mar 2020	£141,000	First Sale
FLAT 74, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 2007 onwards	12 Dec 2019	£608,000	52.00%
	09 Mar 2012	£400,000	First Sale
FLAT 67, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 44 Sq.mtrAge: 2003-2006	06 Dec 2018	£425,000	First Sale
UNIT D, BOLANACHI BUILDING SPA ROADOther, Leasehold	30 Nov 2018	£1,320,000	First Sale
FLAT 35, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 2007 onwards	05 Jan 2018	£147,500	First Sale
FLAT 52, BOLANACHI BUILDING SPA ROADFlat, Leasehold	04 Apr 2017	£580,000	73.32%
FLAT 52, BOLANACHI BUILDING SPA ROADFlat, Leasehold	19 Mar 2010	£334,650	First Sale
FLAT 77, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 68 Sq.mtrAge: 2007-2011	22 Dec 2016	£600,000	46.34%
	13 Dec 2013	£410,000	10.93%
	31 Jan 2012	£369,600	First Sale
FLAT 30, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 68 Sq.mtrAge: 2007-2011	01 Jul 2016	£645,000	29.00%
	01 May 2014	£500,000	First Sale
FLAT 66, BOLANACHI BUILDING SPA ROADFlat, Leasehold	24 Jul 2015	£695,000	75.95%
FLAT 66, BOLANACHI BUILDING SPA ROADFlat, Leasehold	23 Dec 2010	£395,000	First Sale
FLAT 71, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 2007 onwards	03 Jul 2015	£535,000	41.16%
	03 Feb 2011	£379,000	First Sale
FLAT 62, BOLANACHI BUILDING SPA ROADFlat, Leasehold	16 Apr 2015	£405,000	63.97%
FLAT 62, BOLANACHI BUILDING SPA ROADFlat, Leasehold	04 Jun 2010	£247,000	First Sale
FLAT 29, BOLANACHI BUILDING SPA ROADFlat, Leasehold	12 Dec 2014	£485,000	46.93%
FLAT 29, BOLANACHI BUILDING SPA ROADFlat, Leasehold	06 Dec 2011	£330,100	First Sale
FLAT 63, BOLANACHI BUILDING SPA ROADFlat, Leasehold	31 Jan 2014	£480,000	First Sale
FLAT 69, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 48 Sq.mtrAge: 2007-2011	15 Oct 2012	£275,500	0.55%
	03 Sep 2010	£274,000	First Sale
FLAT 78, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 2007-2011	11 Jan 2012	£352,800	First Sale
FLAT 79, BOLANACHI BUILDING SPA ROADFlat, Leasehold	20 Dec 2011	£570,000	10.98%
FLAT 79, BOLANACHI BUILDING SPA ROADFlat, Leasehold	25 Jun 2010	£513,600	First Sale
FLAT 57, BOLANACHI BUILDING SPA ROADFlat, Leasehold	13 Oct 2011	£349,350	First Sale
FLAT 80, BOLANACHI BUILDING SPA ROADFlat, Leasehold	12 Aug 2011	£278,000	First Sale
FLAT 75, BOLANACHI BUILDING SPA ROADFlat, Leasehold	16 May 2011	£360,000	First Sale
FLAT 59, BOLANACHI BUILDING SPA ROADFlat, Leasehold	13 May 2011	£357,500	First Sale
FLAT 60, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 2007 onwards	21 Oct 2010	£250,000	First Sale
FLAT 70, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 72 Sq.mtrAge: 2007 onwards	21 Oct 2010	£445,000	-35.51%
	19 Dec 2023	£690,000	First Sale
FLAT 61, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 2007-2011	30 Sep 2010	£249,999	First Sale
FLAT 72, BOLANACHI BUILDING SPA ROADFlat, Leasehold	03 Sep 2010	£550,000	First Sale
FLAT 49, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 2007-2011	02 Jul 2010	£339,950	First Sale
FLAT 50, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 68 Sq.mtrAge: 2007-2011	30 Jun 2010	£334,950	First Sale
FLAT 51, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 1996-2002	28 May 2010	£334,650	First Sale
FLAT 44, BOLANACHI BUILDING SPA ROADFlat, Leasehold	12 Feb 2010	£315,000	First Sale
FLAT 46, BOLANACHI BUILDING SPA ROADFlat, Leasehold	05 Feb 2010	£210,000	First Sale
FLAT 43, BOLANACHI BUILDING SPA ROADFlat, Leasehold	05 Feb 2010	£310,400	First Sale
FLAT 47, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 2007 onwards	04 Feb 2010	£218,500	First Sale
FLAT 48, BOLANACHI BUILDING SPA ROADFlat, Leasehold	03 Feb 2010	£218,500	First Sale
FLAT 42, BOLANACHI BUILDING SPA ROADFlat, Leasehold	03 Feb 2010	£330,400	First Sale
FLAT 45, BOLANACHI BUILDING SPA ROADFlat, LeaseholdArea: 72 Sq.mtrAge: 2007-2011	29 Jan 2010	£313,500	First Sale

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

SPA ROAD, SE16 3SG Near By properties

Interactive Map

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

Flat
- The average price is around £351,179 median price is £295,000 Standard Deviation is £242,435 with Total Sold: 6,587
- The Last 5 Year average price is £533,354 with Total Sold: 958
- 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 16, 1 MILLENNIUM SQUARE: £130,000 (Sold on 04 Jan 1995)
Semi-Detached
- The average price is around £332,090 median price is £250,000 Standard Deviation is £256,881 with Total Sold: 67
- 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 £358,245 median price is £280,000 Standard Deviation is £254,259 with Total Sold: 735
- The Last 5 Year average price is £715,213 with Total Sold: 107
- The most recent sale happened at this postcode is , 36 ALMA GROVE: £990,000 (Sold on 19 Jul 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 £1,438,416 median price is £515,000 Standard Deviation is £3,316,127 with Total Sold: 105
- The Last 5 Year average price is £2,297,065 with Total Sold: 38
- The most recent sale happened at this postcode is BUILDING 5, THE BERMONDSEY PROJECT DRUMMOND ROAD: £564,050 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 150 SPA ROAD: £131,000 (Sold on 16 Sep 2013)
Detached
- The average price is around £133,562 median price is £123,000 Standard Deviation is £53,664 with Total Sold: 8
- The most recent sale happened at this postcode is , 4 JAMAICA ROAD: £80,000 (Sold on 21 Dec 2001)
- The first recorded sale happened at this postcode is FLAT 57, ST. ANDREWS WHARF, 12 SHAD THAMES: £220,000 (Sold on 14 Dec 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£496,392	£7,293	82
2023	£530,528	£7,581	194
2022	£533,104	£7,947	184
2021	£570,987	£7,249	259
2020	£526,173	£7,666	104
2019	£493,538	£7,338	135
2018	£531,537	£7,788	181
2017	£524,359	£8,115	196
2016	£502,917	£8,068	205
2015	£549,578	£7,766	368
2014	£482,795	£7,055	370
2013	£413,806	£6,124	264
2012	£402,780	£6,103	262
2011	£334,522	£5,189	259
2010	£345,401	£5,045	247
2009	£322,755	£4,724	183
2008	£345,727	£4,973	135
2007	£286,492	£4,437	260
2006	£269,245	£4,060	275
2005	£274,334	£4,182	287
2004	£260,877	£3,793	255
2003	£252,985	£3,523	222
2002	£214,425	£3,161	218
2001	£225,135	£2,960	191
2000	£188,810	£2,524	225
1999	£159,691	£2,237	309
1998	£149,523	£1,977	205
1997	£148,795	£1,918	248
1996	£98,815	£1,324	138
1995	£112,110	£1,434	126

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£907,500		2
2023	£771,667	£7,578	3
2021	£693,333	£7,798	3
2020	£785,000	£7,156	1
2016	£787,250	£6,826	2
2015	£657,500	£7,515	2
2014	£640,000	£6,324	1
2012	£420,000	£4,240	4
2011	£380,000	£3,704	1
2010	£400,500	£4,479	4
2009	£282,000	£4,947	1
2008	£380,000		1
2006	£307,000		2
2005	£266,667	£3,225	3
2004	£367,333	£3,153	3
2003	£234,833	£2,863	6
2002	£208,000	£2,556	3
2001	£167,500	£1,509	1
2000	£142,500	£1,768	6
1999	£160,179	£1,699	6
1998	£78,500	£1,019	3
1997	£76,664	£1,162	6
1996	£72,500	£949	2
1995	£28,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£778,722		9
2023	£809,846	£8,216	13
2022	£801,332	£9,065	19
2021	£678,950	£8,282	25
2020	£688,654	£7,336	13
2019	£637,131	£7,642	28
2018	£642,923	£7,692	13
2017	£695,656	£7,338	16
2016	£616,033	£7,387	15
2015	£701,923	£7,362	24
2014	£589,109	£6,291	17
2013	£481,321	£5,578	31
2012	£364,418	£4,792	25
2011	£356,940	£4,128	25
2010	£405,841	£4,628	22
2009	£337,183	£3,895	18
2008	£324,803	£4,023	19
2007	£378,638	£4,164	20
2006	£276,998	£3,152	31
2005	£261,778	£3,293	27
2004	£243,513	£2,934	34
2003	£206,999	£2,620	27
2002	£231,523	£2,508	39
2001	£192,848	£2,418	44
2000	£183,811	£2,192	44
1999	£150,124	£1,674	42
1998	£100,388	£1,297	20
1997	£81,901	£1,119	40
1996	£85,969	£1,170	16
1995	£73,983	£864	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,208,175	£6,717	6
2022	£780,000	£7,976	6
2021	£1,487,416	£1,967	10
2020	£5,443,857	£8,115	7
2019	£2,486,472	£3,734	9
2018	£1,970,833	£8,471	9
2017	£388,259	£1,314	24
2016	£1,118,801	£144,742	20
2015	£1,226,917		6
2014	£664,000	£1,978	5
2013	£1,210,667	£23,529	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£80,000		1
1998	£163,500	£2,730	2
1997	£106,833	£1,143	3
1996	£121,000		1
1995	£220,000		1

House Type in SE16 3SG area

The most common house types in the SE16 3SG postcode area are Flat (237), Terraced (1), and Detached (0).

Total	238
Flat	237
Terraced	1
Detached	0
Semi-detached	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (73), and Private rented: Private landlord or letting agency (49).

Social rented: Rents from council or Local Authority	73
Private rented: Private landlord or letting agency	49
Social rented: Other social rented	40
Owned: Owns with a mortgage or loan	27
Shared ownership: Shared ownership	26
Owned: Owns outright	12
Private rented: Other private rented	10
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the SE16 3SG have 2 people in household (82), and 1 person in household (78).

2 people in household	82
1 person in household	78
3 people in household	38
4 people in household	29
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