Housing Market Analysis for HERON PLACE, SE16 5NZ

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

Overview of Sold House prices

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

Flat
- The average price is around £273,904 median price is £247,000 Standard Deviation is £143,634 with Total Sold: 37
- The Last 5 Year average price is £431,400 with Total Sold: 5
- The most recent sale happened at this postcode is 2 HERON PLACE: £350,000 (Sold on 14 Jul 2022)
- The first recorded sale happened at this postcode is 11 HERON PLACE: £152,000 (Sold on 22 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 5NZ 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
2022	£350,000	£7,000	1
2021	£417,500	£6,362	2
2020	£492,000	£6,000	1
2019	£480,000	£6,764	1
2017	£480,000	£5,783	1
2016	£385,000	£7,700	1
2014	£650,000	£4,514	1
2013	£394,000	£4,805	1
2012	£357,000	£4,890	1
2011	£475,000	£4,251	2
2010	£320,000	£4,510	1
2007	£210,000	£4,200	1
2006	£194,500	£2,976	2
2005	£238,000	£3,288	3
2004	£250,000	£2,907	1
2003	£222,000	£3,083	1
2002	£185,000	£2,936	2
2001	£170,000	£2,048	1
2000	£235,000	£2,108	3
1999	£142,591	£1,769	5
1998	£139,700	£1,842	5

All the Sales in the HERON PLACE, SE16 5NZ

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

Address	Sold Date	Price	% Change
2 HERON PLACEFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	14 Jul 2022	£350,000	4.48%
	29 Jun 2021	£335,000	-12.99%
	24 Jun 2016	£385,000	83.33%
	12 Feb 2007	£210,000	157.67%
	02 Oct 1998	£81,500	First Sale
10 HERON PLACEFlat, LeaseholdArea: 83 Sq.mtrAge: 1983-1990	31 Aug 2021	£500,000	4.17%
	19 Oct 2017	£480,000	94.33%
	14 Jul 2006	£247,000	45.29%
	31 May 2001	£170,000	First Sale
9 HERON PLACEFlat, LeaseholdArea: 82 Sq.mtrAge: 1983-1990	10 Jan 2020	£492,000	24.87%
9 HERON PLACEFlat, LeaseholdArea: 82 Sq.mtrAge: 1983-1990	19 Sep 2013	£394,000	First Sale
12 HERON PLACEFlat, LeaseholdArea: 70.96 Sq.mtr	04 Jan 2019	£480,000	50.00%
	11 Jan 2010	£320,000	113.33%
	17 Jul 1998	£150,000	First Sale
5 HERON PLACEFlat, LeaseholdArea: 144 Sq.mtrAge: 1991-1995	10 Jun 2014	£650,000	160.00%
5 HERON PLACEFlat, LeaseholdArea: 144 Sq.mtrAge: 1991-1995	22 Sep 2000	£250,000	First Sale
6 HERON PLACEFlat, LeaseholdArea: 73 Sq.mtrAge: 1991-1995	26 Sep 2012	£357,000	43.37%
	03 May 2005	£249,000	31.05%
	11 Aug 2000	£190,000	First Sale
13 HERON PLACEFlat, LeaseholdArea: 133.5 Sq.mtrAge: 1996-2002	28 Mar 2011	£615,000	132.08%
	28 Mar 2000	£265,000	15.22%
	27 Aug 1998	£230,000	First Sale
11 HERON PLACEFlat, LeaseholdArea: 86 Sq.mtrAge: 1996-2002	18 Feb 2011	£335,000	34.00%
	28 Jul 2004	£250,000	6.38%
	16 Aug 2002	£235,000	54.61%
	22 May 1998	£152,000	First Sale
8 HERON PLACEFlat, Leasehold	09 Feb 2006	£142,000	2.71%
8 HERON PLACEFlat, Leasehold	26 Apr 1999	£138,255	First Sale
3 HERON PLACEFlat, LeaseholdArea: 43 Sq.mtrAge: 1996-2002	28 Oct 2005	£155,000	14.81%
	28 Feb 2002	£135,000	58.82%
	22 Jul 1998	£85,000	First Sale
1 HERON PLACEFlat, LeaseholdArea: 108.89 Sq.mtr	28 Sep 2005	£310,000	85.41%
1 HERON PLACEFlat, LeaseholdArea: 108.89 Sq.mtr	26 Mar 1999	£167,200	First Sale
14 HERON PLACEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	10 Oct 2003	£222,000	61.45%
14 HERON PLACEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	21 Dec 1999	£137,500	First Sale
15 HERON PLACEFlat, LeaseholdArea: 70.08 Sq.mtrAge: 1996-2002	13 Oct 1999	£125,000	First Sale
4 HERON PLACEFlat, LeaseholdArea: 80.53 Sq.mtrAge: 1983-1990	30 Jul 1999	£145,000	First Sale

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

HERON PLACE, SE16 5NZ Near By properties

Interactive Map

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

Flat
- The average price is around £335,309 median price is £270,000 Standard Deviation is £240,403 with Total Sold: 7,226
- The Last 5 Year average price is £548,562 with Total Sold: 650
- 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 FLAT 22, DUKE SHORE WHARF, 106 NARROW STREET: £110,000 (Sold on 03 Jan 1995)
Terraced
- The average price is around £434,852 median price is £325,000 Standard Deviation is £346,499 with Total Sold: 781
- The Last 5 Year average price is £828,153 with Total Sold: 77
- 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 £323,528 median price is £252,500 Standard Deviation is £227,770 with Total Sold: 62
- The Last 5 Year average price is £787,500 with Total Sold: 4
- 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 , 19 MILLIGAN STREET: £128,995 (Sold on 24 May 1996)
Other
- The average price is around £2,336,636 median price is £860,505 Standard Deviation is £4,731,484 with Total Sold: 48
- The Last 5 Year average price is £1,110,288 with Total Sold: 21
- The most recent sale happened at this postcode is FLAT 1, 28 NARROW STREET: £3,680,000 (Sold on 09 Oct 2023)
- The first recorded sale happened at this postcode is FLAT 1, 29 FISHER CLOSE: £6,000,000 (Sold on 17 Oct 2013)
Detached
- The average price is around £354,600 median price is £295,000 Standard Deviation is £273,558 with Total Sold: 25
- The most recent sale happened at this postcode is , 87 BYWATER PLACE: £505,000 (Sold on 03 Nov 2017)
- The first recorded sale happened at this postcode is FLAT 10, PAPER MILL WHARF, 50 NARROW STREET: £170,000 (Sold on 06 Apr 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£518,146	£7,949	41
2023	£553,170	£7,608	113
2022	£568,312	£7,628	115
2021	£548,675	£7,421	161
2020	£508,204	£7,763	119
2019	£580,634	£7,398	101
2018	£561,157	£9,082	83
2017	£574,196	£7,894	111
2016	£555,462	£7,597	177
2015	£510,628	£7,451	253
2014	£489,180	£6,923	233
2013	£485,748	£5,958	225
2012	£444,800	£5,837	125
2011	£406,163	£5,943	147
2010	£428,457	£5,397	134
2009	£428,087	£5,175	120
2008	£419,496	£5,455	85
2007	£444,993	£5,458	313
2006	£349,323	£4,775	308
2005	£324,942	£4,136	254
2004	£322,829	£4,051	312
2003	£313,065	£3,805	279
2002	£268,651	£3,833	541
2001	£295,091	£3,591	398
2000	£285,199	£3,252	550
1999	£176,828	£2,409	587
1998	£173,084	£2,121	417
1997	£153,631	£2,017	568
1996	£141,052	£1,820	167
1995	£114,439	£1,683	189

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£652,922	£7,028	9
2023	£887,375	£9,594	16
2022	£861,269	£9,078	13
2021	£759,312	£9,109	16
2020	£830,000	£7,789	8
2019	£913,867	£7,741	15
2018	£1,100,286	£9,787	7
2017	£811,944	£7,550	18
2016	£812,694	£7,243	27
2015	£713,197	£7,451	19
2014	£722,573	£7,012	24
2013	£617,944	£5,687	27
2012	£520,261	£5,096	23
2011	£478,621	£5,354	17
2010	£590,358	£5,115	18
2009	£503,300	£4,558	15
2008	£664,214	£4,829	14
2007	£541,173	£4,922	28
2006	£437,118	£4,006	35
2005	£378,107	£3,724	38
2004	£390,919	£3,410	29
2003	£337,886	£3,293	44
2002	£307,078	£3,124	32
2001	£261,895	£2,710	38
2000	£257,485	£2,436	33
1999	£207,248	£2,000	48
1998	£190,896	£1,843	40
1997	£153,363	£1,470	35
1996	£147,176	£1,294	61
1995	£153,208	£1,541	34

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£685,000		2
2021	£790,000	£11,618	1
2019	£990,000	£11,647	1
2018	£756,000	£5,518	1
2017	£645,000	£9,348	1
2016	£771,500	£5,821	4
2015	£523,750	£7,606	2
2014	£425,000	£5,380	1
2013	£377,500	£5,765	2
2012	£200,000	£3,620	2
2010	£338,500	£5,794	2
2009	£250,000	£2,126	1
2008	£400,000	£3,670	1
2007	£412,167	£4,603	3
2006	£418,500	£4,526	2
2005	£270,833	£3,295	3
2004	£242,500	£3,516	2
2003	£197,500	£3,400	4
2002	£220,000	£2,940	2
2001	£201,000	£2,414	6
2000	£175,000	£2,966	1
1999	£176,300	£1,684	5
1998	£150,749	£1,708	6
1997	£73,125	£1,032	2
1996	£110,599	£1,185	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,927,500	£3,646	2
2022	£2,078,149	£23,547	7
2021	£462,000	£8,021	3
2020	£12,500	£140	1
2019	£439,438	£7,556	8
2018	£6,288,474		10
2017	£546,852	£7,894	6
2016	£1,908,024	£7,917	6
2015	£1,796,250		2
2014	£818,000		2
2013	£6,000,000	£96,774	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£584,333	£7,998	3
2016	£1,050,000	£7,689	2
2014	£575,000	£7,770	1
2006	£330,000	£4,925	1
2003	£447,000	£5,080	1
2002	£517,500	£2,859	1
2001	£139,000	£1,729	2
2000	£205,000		1
1999	£243,200	£2,030	5
1998	£210,625	£2,471	4
1997	£240,000	£2,752	1
1996	£95,500	£1,032	2
1995	£170,000	£1,828	1

House Type in SE16 5NZ area

The most common house types in the SE16 5NZ postcode area are Terraced (58), Flat (47), and Semi-detached (15).

Total	135
Terraced	58
Flat	47
Semi-detached	15
Shared house	6
Detached	5
converted building	4
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 (51), and Owned: Owns with a mortgage or loan (42).

Private rented: Private landlord or letting agency	51
Owned: Owns with a mortgage or loan	42
Owned: Owns outright	29
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	4
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SE16 5NZ have 2 people in household (43), and 1 person in household (35).

2 people in household	43
1 person in household	35
3 people in household	31
4 people in household	15
5 people in household	7
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0