Housing Market Analysis for REDWOOD CLOSE, SE16 5NJ

Are you looking to understand SE16 5NJ 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 5NJ area, explore the SE16 5NJ Area information page.
For comprehensive crime statistics in the SE16 5NJ area, explore the SE16 5NJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE16 5NJ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £422,471 median price is £365,000 Standard Deviation is £208,451 with Total Sold: 17
    • The Last 5 Year average price is £772,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 20 REDWOOD CLOSE: £790,000 (Sold on 16 Mar 2023)
    • The first recorded sale happened at this postcode is 15 REDWOOD CLOSE: £167,000 (Sold on 20 Jul 2000)
  • Detached
    • The average price is around £178,000 median price is £178,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 REDWOOD CLOSE: £178,000 (Sold on 16 Mar 2001)
    • The first recorded sale happened at this postcode is 8 REDWOOD CLOSE: £178,000 (Sold on 16 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 5NJ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£790,000 £6,752 1
2020£755,000 £6,509 1
2017£725,000 £6,092 1
2016£745,000 £6,593 1
2013£515,000 £4,358 2
2010£420,000 £3,652 1
2007£377,500 £2,971 2
2005£305,000 £2,658 2
2004£265,000 £2,623 2
2003£235,000 £1,975 1
2002£235,000 £2,043 1
2000£176,000 £1,755 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£178,000 £1,534 1

All the Sales in the REDWOOD CLOSE, SE16 5NJ

See the table below for more details on the sold house prices in the SE16 5NJ, Southwark postcode.

AddressSold DatePrice% Change
20 REDWOOD CLOSETerraced, FreeholdArea: 117 Sq.mtrAge: 1967-197516 Mar 2023£790,000187.27%
25 Jul 2005£275,000First Sale
8 REDWOOD CLOSETerraced, FreeholdArea: 116 Sq.mtrAge: 1967-197517 Dec 2020£755,00062.37%
26 Apr 2013£465,000161.24%
16 Mar 2001£178,000First Sale
22 REDWOOD CLOSETerraced, FreeholdArea: 119 Sq.mtrAge: 1967-197502 Oct 2017£725,000208.51%
06 Jun 2003£235,000First Sale
15 REDWOOD CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 1983-199014 Dec 2016£745,000122.39%
21 Oct 2005£335,00024.07%
12 Nov 2004£270,00061.68%
20 Jul 2000£167,000First Sale
13 REDWOOD CLOSETerraced, FreeholdArea: 120 Sq.mtrAge: 1976-198229 Nov 2013£565,000First Sale
16 REDWOOD CLOSETerraced, FreeholdArea: 115 Sq.mtrAge: 1976-198222 Apr 2010£420,00078.72%
08 Jan 2002£235,000First Sale
14 REDWOOD CLOSETerraced, FreeholdArea: 122 Sq.mtrAge: 1983-199019 Nov 2007£390,000First Sale
19 REDWOOD CLOSETerraced, FreeholdArea: 133 Sq.mtrAge: 1967-197527 Jul 2007£365,000First Sale
18 REDWOOD CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1983-199026 May 2004£260,00040.54%
24 Nov 2000£185,000First Sale

Check out the sold house prices near the SE16 5NJ postcode. Properties currently for saleProperties currently for rent

REDWOOD CLOSE, SE16 5NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE16 5NJ 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 5NJ postcode.

  • Flat
    • The average price is around £298,653 median price is £250,000 Standard Deviation is £168,328 with Total Sold: 3,164
    • The Last 5 Year average price is £494,429 with Total Sold: 406
    • The most recent sale happened at this postcode is FLAT 12, BLUEBELL HOUSE, 8 BLONDIN WAY: £530,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 94 ACORN WALK: £100,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £348,742 median price is £280,000 Standard Deviation is £233,854 with Total Sold: 1,171
    • The Last 5 Year average price is £701,468 with Total Sold: 144
    • The most recent sale happened at this postcode is , 28 LAVENDER ROAD: £800,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 217 ROTHERHITHE STREET: £112,893 (Sold on 10 Jan 1995)
  • Semi-Detached
    • The average price is around £311,323 median price is £247,000 Standard Deviation is £212,022 with Total Sold: 223
    • The Last 5 Year average price is £700,524 with Total Sold: 25
    • The most recent sale happened at this postcode is , 456A ROTHERHITHE STREET: £620,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 1 HURLEY CRESCENT: £117,500 (Sold on 12 May 1995)
  • Detached
    • The average price is around £283,477 median price is £205,000 Standard Deviation is £198,540 with Total Sold: 43
    • The Last 5 Year average price is £630,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 14 HOWLAND WAY: £630,000 (Sold on 19 Oct 2023)
    • The first recorded sale happened at this postcode is , 57 BYWATER PLACE: £122,000 (Sold on 04 Jan 1996)
  • Other
    • The average price is around £1,072,279 median price is £575,000 Standard Deviation is £1,249,330 with Total Sold: 41
    • The Last 5 Year average price is £392,833 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT 3, IMPERIAL COURT, 4B ODESSA STREET: £680,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 1, 29 FISHER CLOSE: £6,000,000 (Sold on 17 Oct 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£515,518 £7,510 28
2023£493,704 £7,431 67
2022£486,494 £7,569 56
2021£457,236 £7,148 94
2020£461,438 £7,736 59
2019£546,833 £7,916 102
2018£534,897 £8,507 127
2017£516,032 £7,631 90
2016£450,894 £6,946 129
2015£441,613 £7,107 181
2014£386,327 £6,292 140
2013£341,026 £5,306 81
2012£296,717 £4,925 59
2011£309,029 £4,757 58
2010£289,989 £4,482 52
2009£304,301 £4,608 39
2008£304,388 £4,584 39
2007£290,581 £4,658 116
2006£247,878 £4,009 108
2005£237,520 £3,653 102
2004£235,755 £3,709 125
2003£208,340 £3,388 160
2002£226,071 £3,417 223
2001£191,003 £3,149 173
2000£185,619 £2,665 198
1999£148,228 £2,228 199
1998£110,048 £1,763 97
1997£115,586 £1,743 104
1996£79,314 £1,285 41
1995£107,750 £1,698 117
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,093 £8,437 14
2023£741,427 £9,706 22
2022£744,721 £8,984 34
2021£693,691 £8,742 34
2020£677,434 £8,357 20
2019£657,200 £7,736 20
2018£670,256 £7,491 17
2017£730,932 £7,860 22
2016£670,289 £7,557 37
2015£599,176 £7,773 38
2014£597,339 £6,733 27
2013£441,089 £5,840 46
2012£416,553 £4,999 38
2011£362,789 £5,131 33
2010£394,921 £4,652 26
2009£325,255 £4,812 20
2008£375,200 £4,619 20
2007£381,049 £4,769 39
2006£311,563 £3,906 47
2005£297,982 £3,604 54
2004£266,930 £3,410 46
2003£243,936 £3,351 60
2002£227,338 £2,954 56
2001£203,859 £2,699 79
2000£196,200 £2,485 45
1999£150,322 £1,850 63
1998£137,150 £1,755 43
1997£115,222 £1,468 67
1996£90,763 £1,130 44
1995£109,466 £1,292 60
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£666,800 £8,667 5
2023£755,417 £9,067 6
2022£757,806 £10,895 2
2021£678,125 £9,459 8
2020£760,000 £8,172 1
2019£648,667 £10,207 3
2018£677,975 £7,236 2
2017£682,400 £8,935 5
2016£785,200 £6,407 5
2015£543,125 £8,663 4
2014£446,000 £6,793 2
2013£438,750 £5,319 4
2012£318,000 £4,537 5
2011£314,200 £4,456 5
2010£349,000 £5,727 4
2009£328,625 £4,132 8
2008£312,000 £5,180 5
2007£375,682 £4,744 11
2006£309,607 £4,112 14
2005£240,750 £3,893 12
2004£283,312 £3,717 8
2003£224,146 £3,511 12
2002£218,750 £3,190 12
2001£208,936 £2,587 14
2000£196,488 £2,664 4
1999£140,109 £1,932 17
1998£122,250 £1,743 16
1997£97,840 £1,388 11
1996£85,958 £1,170 12
1995£93,083 £1,125 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£630,000 £9,844 1
2017£620,750 £8,498 4
2016£825,000 £8,333 1
2014£575,000 £7,770 1
2013£465,000 £6,370 1
2012£405,000 £5,260 1
2011£449,000 £4,791 1
2010£400,000 £5,016 2
2008£320,0001
2006£310,667 £4,719 3
2005£302,000 £4,194 1
2004£225,000 £7,895 1
2003£447,000 £5,080 1
2001£213,000 £1,400 2
2000£144,875 £2,297 4
1999£176,100 £1,958 5
1998£121,214 £1,448 7
1997£116,250 £1,430 2
1996£91,125 £1,448 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£680,000 £8,718 1
2022£606,250 £9,139 2
2021£394,625 £5,887 4
2020£41,250 £140 2
2019£386,833 £7,556 3
2018£938,143 £11,393 7
2017£520,349 £6,871 8
2016£1,951,393 £7,917 8
2015£1,796,2502
2014£1,105,3333
2013£6,000,000 £96,774 1

House Type in SE16 5NJ area

The most common house types in the SE16 5NJ postcode area are Terraced (82), Semi-detached (23), and Flat (23).

Total132
Terraced82
Semi-detached23
Flat23
Detached4
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (63), and Private rented: Private landlord or letting agency (25).

Social rented: Other social rented63
Private rented: Private landlord or letting agency25
Social rented: Rents from council or Local Authority16
Owned: Owns with a mortgage or loan14
Owned: Owns outright9
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SE16 5NJ have 2 people in household (32), and 1 person in household (30).

2 people in household32
1 person in household30
3 people in household29
4 people in household23
5 people in household9
6 people in household7
7 people in household1
0 people in household0
8 or more people in household0