Housing Market Analysis for TEAK CLOSE, SE16 5NW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £358,800 median price is £309,650 Standard Deviation is £171,503 with Total Sold: 8
    • The Last 5 Year average price is £670,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 35 TEAK CLOSE: £670,000 (Sold on 22 Feb 2019)
    • The first recorded sale happened at this postcode is 1 TEAK CLOSE: £203,000 (Sold on 27 Jun 2001)
  • Flat
    • The average price is around £190,500 median price is £190,500 Standard Deviation is £34,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 20 TEAK CLOSE: £225,000 (Sold on 11 Jan 2008)
    • The first recorded sale happened at this postcode is 26 TEAK CLOSE: £156,000 (Sold on 12 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 5NW 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
2019£670,000 £7,267 1
2017£600,000 £6,593 1
2016£297,300 £3,267 1
2011£377,100 £4,090 1
2010£322,000 £4,039 1
2002£215,000 £1,972 1
2001£194,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£225,000 £4,060 1
1999£156,000 £1,122 1

All the Sales in the TEAK CLOSE, SE16 5NW

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

AddressSold DatePrice% Change
35 TEAK CLOSETerraced, FreeholdArea: 92.2 Sq.mtrAge: 1983-199022 Feb 2019£670,00077.67%
07 Jan 2011£377,100First Sale
31 TEAK CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1976-198209 Feb 2017£600,000101.82%
04 Jul 2016£297,300First Sale
24 TEAK CLOSETerraced, FreeholdArea: 79.728 Sq.mtrAge: 1983-199026 May 2010£322,000First Sale
20 TEAK CLOSEFlat, LeaseholdArea: 55.42 Sq.mtrAge: 1983-199011 Jan 2008£225,000First Sale
23 TEAK CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 1976-198212 Jul 2002£215,000First Sale
5 TEAK CLOSETerraced, Freehold29 Jun 2001£186,000First Sale
1 TEAK CLOSETerraced, Freehold27 Jun 2001£203,000First Sale
26 TEAK CLOSEFlat, FreeholdArea: 139 Sq.mtrAge: 1983-199012 Nov 1999£156,000First Sale

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

TEAK CLOSE, SE16 5NW Near By properties

Interactive Map

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

  • Flat
    • The average price is around £286,929 median price is £249,950 Standard Deviation is £164,911 with Total Sold: 3,903
    • The Last 5 Year average price is £478,217 with Total Sold: 412
    • 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 £352,249 median price is £285,000 Standard Deviation is £235,768 with Total Sold: 1,275
    • The Last 5 Year average price is £707,191 with Total Sold: 154
    • 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 £315,744 median price is £250,000 Standard Deviation is £208,879 with Total Sold: 244
    • The Last 5 Year average price is £701,158 with Total Sold: 26
    • 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 £282,433 median price is £205,000 Standard Deviation is £194,666 with Total Sold: 49
    • 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 £1,777,492 median price is £636,000 Standard Deviation is £3,043,799 with Total Sold: 41
    • The Last 5 Year average price is £437,111 with Total Sold: 9
    • The most recent sale happened at this postcode is , 1 VICTORY WAY: £770,000 (Sold on 15 Sep 2022)
    • 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£501,448 £7,510 29
2023£475,536 £7,257 76
2022£494,216 £7,595 68
2021£466,263 £7,297 107
2020£469,684 £7,713 68
2019£482,931 £7,226 64
2018£502,265 £7,850 159
2017£513,397 £7,706 102
2016£451,214 £6,965 137
2015£441,647 £7,079 197
2014£395,466 £6,307 165
2013£354,117 £5,273 104
2012£314,662 £5,020 70
2011£314,522 £4,875 79
2010£302,361 £4,535 62
2009£307,331 £4,514 49
2008£298,525 £4,525 46
2007£301,304 £4,716 149
2006£256,336 £4,019 140
2005£240,347 £3,654 130
2004£239,409 £3,727 156
2003£211,156 £3,386 185
2002£230,578 £3,449 269
2001£192,665 £3,080 224
2000£184,078 £2,679 245
1999£154,306 £2,251 301
1998£136,202 £1,859 193
1997£111,843 £1,709 119
1996£81,454 £1,315 46
1995£102,501 £1,690 164
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,093 £8,437 14
2023£750,017 £9,709 23
2022£744,721 £8,984 34
2021£706,689 £8,592 37
2020£692,794 £8,377 21
2019£661,560 £7,766 25
2018£675,242 £7,451 18
2017£742,574 £7,786 27
2016£676,334 £7,605 38
2015£615,468 £7,680 40
2014£613,384 £6,750 29
2013£446,172 £5,835 47
2012£416,767 £4,991 43
2011£366,140 £5,125 36
2010£398,136 £4,623 29
2009£332,400 £4,667 24
2008£371,780 £4,518 23
2007£389,063 £4,600 46
2006£313,274 £3,916 51
2005£297,608 £3,618 56
2004£273,536 £3,394 50
2003£249,225 £3,357 63
2002£231,899 £2,947 65
2001£208,079 £2,705 86
2000£200,580 £2,457 50
1999£151,830 £1,852 69
1998£139,140 £1,744 46
1997£115,336 £1,458 71
1996£92,654 £1,125 46
1995£110,423 £1,297 68
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£738,500 £8,255 2
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£544,500 £8,209 5
2014£446,000 £6,793 2
2013£471,000 £5,353 5
2012£362,500 £4,570 6
2011£321,833 £4,637 6
2010£392,200 £5,598 5
2009£328,625 £4,132 8
2008£335,833 £5,180 6
2007£375,682 £4,744 11
2006£314,235 £4,084 17
2005£254,615 £3,742 13
2004£299,650 £3,678 10
2003£224,146 £3,511 12
2002£222,692 £3,190 13
2001£212,418 £2,589 17
2000£207,190 £2,352 5
1999£142,492 £1,914 18
1998£122,250 £1,743 16
1997£97,840 £1,388 11
1996£90,607 £1,170 14
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£399,000 £3,444 3
2004£320,000 £7,895 2
2003£447,000 £5,080 1
2001£213,000 £1,400 2
2000£141,400 £2,524 5
1999£176,100 £1,958 5
1998£121,214 £1,448 7
1997£102,233 £1,575 3
1996£100,500 £1,448 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£606,250 £9,139 2
2021£516,167 £5,887 3
2020£12,500 £140 1
2019£386,833 £7,556 3
2018£2,999,156 £50,435 8
2017£1,643,027 £64,120 10
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 5NW area

The most common house types in the SE16 5NW postcode area are Terraced (67), Flat (67), and Semi-detached (17).

Total152
Terraced67
Flat67
Semi-detached17
Detached1
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: Rents from council or Local Authority (81), and Owned: Owns with a mortgage or loan (25).

Social rented: Rents from council or Local Authority81
Owned: Owns with a mortgage or loan25
Private rented: Private landlord or letting agency24
Owned: Owns outright14
Social rented: Other social rented3
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SE16 5NW have 1 person in household (48), and 2 people in household (46).

1 person in household48
2 people in household46
3 people in household26
4 people in household17
5 people in household11
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0