Housing Market Analysis for DRAKE CLOSE, SE16 6RS

Are you looking to understand SE16 6RS 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 6RS area, explore the SE16 6RS Area information page.
For comprehensive crime statistics in the SE16 6RS area, explore the SE16 6RS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE16 6RS postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £376,772 median price is £259,975 Standard Deviation is £281,039 with Total Sold: 18
    • The Last 5 Year average price is £925,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 13 DRAKE CLOSE: £1,200,000 (Sold on 24 Nov 2022)
    • The first recorded sale happened at this postcode is 14 DRAKE CLOSE: £60,000 (Sold on 09 Feb 1996)
  • Flat
    • The average price is around £220,000 median price is £150,000 Standard Deviation is £124,566 with Total Sold: 3
    • The most recent sale happened at this postcode is 12 DRAKE CLOSE: £395,000 (Sold on 30 Nov 2006)
    • The first recorded sale happened at this postcode is 12 DRAKE CLOSE: £115,000 (Sold on 29 Mar 1996)
  • Semi-Detached
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 DRAKE CLOSE: £100,000 (Sold on 04 Aug 1995)
    • The first recorded sale happened at this postcode is 2 DRAKE CLOSE: £100,000 (Sold on 04 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 6RS 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
2022£1,200,000 £12,766 1
2021£650,000 £10,156 1
2016£570,000 £4,711 1
2015£740,000 £7,872 1
2014£685,000 £8,354 1
2013£435,000 £5,545 1
2004£303,500 £3,671 2
2003£230,975 £3,818 2
2002£270,000 £3,293 1
2001£202,475 £2,203 2
2000£189,333 £2,426 3
1998£130,000 £1,383 1
1996£60,000 £1,259 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£395,000 £4,247 1
1998£150,000 £1,613 1
1996£115,000 £1,237 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£100,000 £1,064 1

All the Sales in the DRAKE CLOSE, SE16 6RS

See the table below for more details on the sold house prices in the SE16 6RS, Southwark postcode.

AddressSold DatePrice% Change
13 DRAKE CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1991-199524 Nov 2022£1,200,00062.16%
06 Nov 2015£740,000469.23%
24 Apr 1998£130,000First Sale
5 DRAKE CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 2007-201105 Mar 2021£650,000136.36%
15 Sep 2004£275,00077.42%
23 Feb 2001£155,000First Sale
1 DRAKE CLOSETerraced, FreeholdArea: 121 Sq.mtrAge: 1983-199025 Jul 2016£570,000First Sale
10 DRAKE CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1991-199504 Nov 2014£685,000153.70%
22 Aug 2002£270,000First Sale
9 DRAKE CLOSETerraced, FreeholdArea: 78.45 Sq.mtrAge: 1983-199023 Aug 2013£435,00074.03%
28 Feb 2003£249,950First Sale
12 DRAKE CLOSEFlat, FreeholdArea: 93 Sq.mtrAge: 2003-200630 Nov 2006£395,000163.33%
16 Sep 1998£150,00030.43%
29 Mar 1996£115,000First Sale
4 DRAKE CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 1983-199013 Jul 2004£332,000First Sale
14 DRAKE CLOSETerraced, FreeholdArea: 47.64 Sq.mtrAge: 1991-199527 Nov 2003£212,00043.24%
12 May 2000£148,000146.67%
09 Feb 1996£60,000First Sale
6 DRAKE CLOSETerraced, FreeholdArea: 126 Sq.mtrAge: 1991-199525 Oct 2001£249,95013.61%
03 Aug 2000£220,000First Sale
3 DRAKE CLOSETerraced, Freehold03 Aug 2000£200,000First Sale
2 DRAKE CLOSESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1991-199504 Aug 1995£100,000First Sale

Check out the sold house prices near the SE16 6RS postcode. Properties currently for saleProperties currently for rent

DRAKE CLOSE, SE16 6RS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE16 6RS 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 6RS postcode.

  • Flat
    • The average price is around £317,602 median price is £299,000 Standard Deviation is £178,116 with Total Sold: 4,382
    • The Last 5 Year average price is £473,407 with Total Sold: 434
    • 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 3, DURELL HOUSE WOLFE CRESCENT: £53,000 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £344,062 median price is £271,664 Standard Deviation is £234,802 with Total Sold: 1,358
    • The Last 5 Year average price is £710,083 with Total Sold: 159
    • The most recent sale happened at this postcode is , 22 WOLFE CRESCENT: £1,060,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 CLIFTON PLACE: £91,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £306,133 median price is £246,000 Standard Deviation is £202,177 with Total Sold: 292
    • The Last 5 Year average price is £703,754 with Total Sold: 28
    • The most recent sale happened at this postcode is , 21 ROPEMAKER ROAD: £605,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , 63 ALBION STREET: £68,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £5,405,359 median price is £636,000 Standard Deviation is £18,353,329 with Total Sold: 41
    • The Last 5 Year average price is £482,407 with Total Sold: 15
    • The most recent sale happened at this postcode is UNIT 1, 24 QUEBEC WAY: £930,000 (Sold on 01 Feb 2024)
    • 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 £297,607 median price is £246,500 Standard Deviation is £195,797 with Total Sold: 48
    • The Last 5 Year average price is £625,000 with Total Sold: 2
    • 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 , 16 MIDDLETON DRIVE: £138,000 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£505,070 £7,876 32
2023£490,894 £7,619 97
2022£479,490 £7,834 83
2021£457,412 £7,564 104
2020£474,720 £7,648 55
2019£447,643 £7,119 63
2018£527,187 £7,925 210
2017£556,165 £8,169 115
2016£496,373 £7,543 194
2015£462,208 £7,464 223
2014£406,180 £6,414 188
2013£391,421 £6,334 320
2012£330,619 £5,647 201
2011£343,499 £5,159 146
2010£321,684 £5,310 201
2009£283,449 £4,509 93
2008£338,580 £4,790 137
2007£322,710 £4,746 219
2006£242,866 £3,832 121
2005£232,799 £3,524 102
2004£232,493 £3,554 114
2003£209,685 £3,260 134
2002£216,789 £3,279 167
2001£201,948 £3,707 222
2000£151,230 £2,470 141
1999£134,111 £2,110 195
1998£103,850 £1,592 153
1997£112,086 £1,875 152
1996£90,942 £1,302 99
1995£76,834 £1,309 101
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£699,364 £8,237 11
2023£736,576 £8,966 25
2022£749,875 £8,893 32
2021£704,817 £8,383 41
2020£707,831 £8,482 27
2019£643,085 £7,653 23
2018£630,598 £7,041 20
2017£710,938 £7,681 28
2016£696,117 £7,548 36
2015£647,717 £7,300 46
2014£571,561 £6,729 27
2013£477,413 £5,802 45
2012£406,527 £4,873 37
2011£383,200 £4,765 40
2010£387,402 £4,399 31
2009£333,598 £4,529 24
2008£376,948 £4,259 30
2007£363,108 £4,360 48
2006£308,354 £3,743 51
2005£283,021 £3,504 47
2004£278,352 £3,244 53
2003£260,419 £3,268 62
2002£230,044 £2,884 82
2001£210,767 £2,594 101
2000£190,218 £2,261 48
1999£157,275 £1,790 83
1998£137,286 £1,580 70
1997£97,789 £1,359 65
1996£113,781 £1,132 65
1995£88,281 £1,083 60
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£654,667 £8,667 3
2023£783,056 £8,758 9
2022£721,871 £11,033 3
2021£662,143 £9,151 7
2020£738,500 £8,255 2
2019£604,000 £8,435 4
2018£677,975 £7,236 2
2017£696,857 £8,455 7
2016£696,200 £7,368 5
2015£509,900 £8,542 5
2014£345,667 £5,415 3
2013£451,429 £5,439 7
2012£377,714 £4,455 7
2011£331,889 £4,793 9
2010£396,000 £5,091 4
2009£339,857 £4,419 7
2008£323,000 £5,684 5
2007£358,746 £4,865 14
2006£307,647 £3,916 17
2005£254,500 £3,570 15
2004£315,644 £3,557 17
2003£226,344 £3,180 16
2002£220,136 £3,110 18
2001£206,976 £2,600 19
2000£213,650 £2,025 6
1999£154,062 £1,927 21
1998£135,433 £1,688 15
1997£100,683 £1,370 15
1996£100,974 £1,254 19
1995£98,682 £1,071 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£469,375 £8,500 4
2023£875,000 £5,645 1
2022£410,000 £9,059 2
2021£494,167 £5,990 3
2020£12,500 £140 1
2019£542,1504
2018£5,161,250 £59,471 5
2017£19,044,769 £163,951 9
2016£653,664 £7,917 3
2015£1,448,250 £5,150 3
2014£1,060,988 £28,360 4
2013£3,312,375 £50,962 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£630,000 £9,844 1
2021£620,000 £8,986 1
2017£649,000 £8,463 2
2014£647,500 £6,419 2
2013£432,500 £5,888 2
2012£405,000 £5,260 1
2011£404,500 £5,604 2
2010£400,000 £5,016 2
2008£320,0001
2007£775,0001
2006£301,000 £4,616 2
2005£399,000 £3,444 3
2004£323,333 £7,895 3
2003£335,000 £1,958 1
2002£245,000 £2,753 1
2001£213,000 £1,400 2
2000£125,500 £2,524 4
1999£175,158 £1,571 6
1998£107,750 £1,494 4
1997£102,233 £1,575 3
1996£100,625 £1,584 4

House Type in SE16 6RS area

The most common house types in the SE16 6RS postcode area are Flat (137), Terraced (61), and Semi-detached (15).

Total224
Flat137
Terraced61
Semi-detached15
Detached6
Shared house4
commercial building1
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 (111), and Owned: Owns with a mortgage or loan (53).

Private rented: Private landlord or letting agency111
Owned: Owns with a mortgage or loan53
Owned: Owns outright38
Private rented: Other private rented11
Shared ownership: Shared ownership10
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the SE16 6RS have 2 people in household (102), and 1 person in household (49).

2 people in household102
1 person in household49
3 people in household41
4 people in household30
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0