Housing Market Analysis for NEEDLEMAN STREET, SE16 7AW

Are you looking to understand SE16 7AW 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 7AW area, explore the SE16 7AW Area information page.
For comprehensive crime statistics in the SE16 7AW area, explore the SE16 7AW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE16 7AW postcode area, The average prices are as follows,

Flat
- The average price is around £409,473 median price is £405,000 Standard Deviation is £123,270 with Total Sold: 67
- The Last 5 Year average price is £543,409 with Total Sold: 11
- The most recent sale happened at this postcode is FLAT 58, FAIRMONT HOUSE NEEDLEMAN STREET: £425,000 (Sold on 04 Sep 2023)
- The first recorded sale happened at this postcode is FLAT 48, FAIRMONT HOUSE NEEDLEMAN STREET: £247,500 (Sold on 20 May 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 7AW 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
2023	£553,000	£8,743	5
2022	£543,750	£9,294	2
2021	£610,000	£8,442	1
2020	£495,000		1
2019	£510,000	£8,378	2
2018	£627,500	£6,034	1
2017	£415,000	£5,990	3
2016	£453,648	£7,201	6
2015	£469,000	£7,650	7
2014	£450,333	£7,970	3
2013	£434,667	£7,379	3
2012	£305,000	£7,262	1
2011	£331,869	£5,913	32

All the Sales in the NEEDLEMAN STREET, SE16 7AW

See the table below for more details on the sold house prices in the SE16 7AW, Southwark postcode.

Address	Sold Date	Price	% Change
FLAT 58, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2007-2011	04 Sep 2023	£425,000	First Sale
FLAT 28, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 76 Sq.mtrAge: 2007-2011	24 Aug 2023	£675,000	0.0
	24 Aug 2023	£675,000	First Sale
FLAT 72, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 2007-2011	29 Jun 2023	£430,000	46.28%
	24 May 2011	£293,950	First Sale
FLAT 5, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 72.26 Sq.mtr	31 Jan 2023	£560,000	First Sale
FLAT 77, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 47 Sq.mtrAge: 2007-2011	20 Dec 2022	£487,000	31.98%
	01 May 2013	£369,000	19.22%
	01 Jun 2011	£309,500	First Sale
FLAT 11, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 1996-2002	07 Oct 2022	£600,500	First Sale
FLAT 23, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 72.26 Sq.mtr	23 Aug 2021	£610,000	First Sale
FLAT 75, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	20 Aug 2020	£495,000	12.50%
	27 Feb 2015	£440,000	52.51%
	01 Jun 2011	£288,500	First Sale
FLAT 14, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 69.23 Sq.mtr	14 Jun 2019	£580,000	40.95%
	17 Jun 2011	£411,500	First Sale
FLAT 70, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	12 Feb 2019	£440,000	55.20%
FLAT 70, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	27 May 2011	£283,500	First Sale
FLAT 43, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 104 Sq.mtrAge: 2007-2011	29 Jun 2018	£627,500	First Sale
FLAT 41, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 68 Sq.mtrAge: 2007-2011	02 Oct 2017	£565,000	13.00%
	23 Jan 2015	£500,000	28.04%
	10 Jun 2011	£390,500	First Sale
FLAT 35, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 69.84 Sq.mtr	29 Sep 2017	£525,000	5.00%
	21 Jan 2015	£499,999	First Sale
FLAT 17, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 72.26 Sq.mtr	26 May 2017	£155,000	First Sale
FLAT 4, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 58 Sq.mtrAge: 2007-2011	25 Nov 2016	£157,500	First Sale
FLAT 26, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 69.23 Sq.mtr	04 Oct 2016	£586,888	First Sale
FLAT 54, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 72 Sq.mtrAge: 2007-2011	22 Aug 2016	£620,000	First Sale
FLAT 55, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	19 Jul 2016	£487,500	12.07%
	25 Jun 2015	£435,000	56.19%
	01 Jun 2011	£278,500	First Sale
FLAT 73, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	24 Jun 2016	£510,000	18.60%
FLAT 73, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	26 Sep 2014	£430,000	First Sale
FLAT 48, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 40 Sq.mtrAge: 2003-2006	18 Feb 2016	£360,000	45.45%
	20 May 2011	£247,500	First Sale
FLAT 74, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	06 Feb 2015	£588,000	First Sale
FLAT 53, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	02 Feb 2015	£415,000	51.74%
FLAT 53, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	01 Jun 2011	£273,500	First Sale
FLAT 51, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-2006	09 Jan 2015	£405,000	45.42%
	03 Jun 2011	£278,500	First Sale
FLAT 57, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 69 Sq.mtrAge: 2007-2011	22 Dec 2014	£539,000	35.77%
	01 Jun 2011	£397,000	First Sale
FLAT 62, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 47 Sq.mtrAge: 2007-2011	09 May 2014	£382,000	37.16%
	02 Jun 2011	£278,500	First Sale
FLAT 47, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	28 Oct 2013	£455,000	21.03%
FLAT 47, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	01 Jun 2011	£375,950	First Sale
FLAT 68, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 69.5 Sq.mtrAge: 2007 onwards	11 Oct 2013	£480,000	22.46%
	01 Jun 2011	£391,950	First Sale
FLAT 65, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 42 Sq.mtrAge: 2007-2011	23 Nov 2012	£305,000	5.72%
	20 May 2011	£288,500	First Sale
FLAT 30, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 69.84 Sq.mtr	17 Jun 2011	£339,950	First Sale
FLAT 29, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 82 Sq.mtrAge: 2007-2011	17 Jun 2011	£397,500	First Sale
FLAT 31, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 85.97 Sq.mtr	17 Jun 2011	£505,000	First Sale
FLAT 36, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 34 Sq.mtrAge: 2007-2011	17 Jun 2011	£275,000	First Sale
FLAT 34, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 72 Sq.mtrAge: 2007-2011	17 Jun 2011	£418,500	First Sale
FLAT 39, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 95 Sq.mtrAge: 2007-2011	01 Jun 2011	£450,000	First Sale
FLAT 42, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	01 Jun 2011	£274,000	First Sale
FLAT 46, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 49 Sq.mtrAge: 2007-2011	01 Jun 2011	£276,500	First Sale
FLAT 49, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 47 Sq.mtrAge: 2007-2011	01 Jun 2011	£275,000	First Sale
FLAT 64, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	01 Jun 2011	£402,000	First Sale
FLAT 52, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 69 Sq.mtrAge: 2007-2011	01 Jun 2011	£391,500	First Sale
FLAT 76, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	01 Jun 2011	£299,500	First Sale
FLAT 45, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	01 Jun 2011	£260,000	First Sale
FLAT 66, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 64 Sq.mtrAge: 2007-2011	01 Jun 2011	£422,500	First Sale
FLAT 67, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-2006	01 Jun 2011	£283,500	First Sale
FLAT 69, FAIRMONT HOUSE NEEDLEMAN STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2007-2011	01 Jun 2011	£283,500	First Sale
FLAT 63, FAIRMONT HOUSE NEEDLEMAN STREETFlat, Leasehold	01 Jun 2011	£278,500	First Sale

Check out the sold house prices near the SE16 7AW postcode. Properties currently for saleProperties currently for rent

NEEDLEMAN STREET, SE16 7AW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE16 7AW 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 7AW postcode.

Flat
- The average price is around £323,092 median price is £300,000 Standard Deviation is £190,548 with Total Sold: 4,285
- The Last 5 Year average price is £501,236 with Total Sold: 428
- The most recent sale happened at this postcode is FLAT 1, DERWENT COURT ELEANOR CLOSE: £423,750 (Sold on 19 Aug 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 £364,034 median price is £290,000 Standard Deviation is £260,477 with Total Sold: 952
- The Last 5 Year average price is £756,460 with Total Sold: 115
- 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 £298,415 median price is £245,000 Standard Deviation is £193,798 with Total Sold: 186
- The Last 5 Year average price is £679,906 with Total Sold: 16
- The most recent sale happened at this postcode is , 58 DOCK HILL AVENUE: £728,000 (Sold on 08 Apr 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 £9,302,548 median price is £624,750 Standard Deviation is £26,520,398 with Total Sold: 42
- The Last 5 Year average price is £9,085,706 with Total Sold: 18
- The most recent sale happened at this postcode is UNIT C, MONTREAL HOUSE SURREY QUAYS ROAD: £147,499 (Sold on 15 Jan 2024)
- The first recorded sale happened at this postcode is FLAT 3, PACIFIC WHARF, 165 ROTHERHITHE STREET: £624,750 (Sold on 03 Dec 2013)
Detached
- The average price is around £331,732 median price is £360,000 Standard Deviation is £212,866 with Total Sold: 19
- The most recent sale happened at this postcode is , THE PUMPMASTERS COTTAGE, 7 PUMP HOUSE CLOSE: £820,000 (Sold on 10 Jul 2014)
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£529,228	£9,629	34
2023	£518,540	£7,569	96
2022	£543,849	£7,986	85
2021	£468,632	£7,182	94
2020	£492,852	£7,554	52
2019	£460,425	£7,250	67
2018	£536,561	£7,956	208
2017	£543,626	£8,225	114
2016	£505,306	£8,154	124
2015	£500,159	£7,531	135
2014	£452,902	£6,501	156
2013	£395,478	£6,298	321
2012	£341,741	£5,612	211
2011	£357,399	£5,149	155
2010	£326,685	£5,251	203
2009	£288,801	£4,516	101
2008	£336,148	£4,735	144
2007	£333,916	£4,791	256
2006	£244,312	£3,702	131
2005	£251,183	£3,525	110
2004	£264,426	£3,630	153
2003	£223,049	£3,233	151
2002	£218,196	£3,151	172
2001	£209,277	£3,655	214
2000	£155,023	£2,362	149
1999	£141,708	£2,092	197
1998	£107,377	£1,570	151
1997	£103,765	£1,753	135
1996	£97,417	£1,350	72
1995	£78,157	£1,297	94

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£681,625	£7,306	8
2023	£779,217	£8,755	18
2022	£837,340	£9,264	25
2021	£719,534	£8,079	29
2020	£784,172	£8,802	17
2019	£687,951	£7,506	18
2018	£628,716	£6,624	16
2017	£789,680	£7,739	18
2016	£714,419	£8,210	25
2015	£677,451	£7,417	25
2014	£554,876	£6,329	23
2013	£542,480	£6,297	27
2012	£461,120	£4,969	25
2011	£444,246	£4,893	30
2010	£435,139	£4,796	18
2009	£364,023	£4,046	15
2008	£383,566	£4,516	22
2007	£378,354	£4,340	28
2006	£327,310	£3,374	44
2005	£296,720	£3,588	27
2004	£303,282	£3,088	47
2003	£303,096	£3,210	39
2002	£243,705	£3,044	52
2001	£219,888	£2,536	73
2000	£208,954	£2,266	34
1999	£164,573	£1,742	61
1998	£147,821	£1,595	47
1997	£101,894	£1,360	52
1996	£115,216	£1,089	43
1995	£94,581	£1,035	46

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£728,000	£8,667	1
2023	£821,500	£8,226	5
2022	£650,000	£11,308	1
2021	£620,000	£9,695	6
2020	£717,000	£8,337	1
2019	£478,000	£9,487	2
2018	£720,000	£5,950	1
2017	£753,333	£7,621	3
2016	£656,667	£8,603	3
2015	£494,875	£8,538	4
2014	£285,000	£4,019	2
2013	£430,600	£5,403	5
2012	£448,800	£4,789	5
2011	£354,000	£5,214	4
2010	£428,000	£5,468	3
2009	£377,500	£4,525	3
2008	£326,750	£6,444	4
2007	£359,688	£4,300	8
2006	£311,591	£3,960	11
2005	£259,556	£3,546	9
2004	£316,329	£3,192	12
2003	£230,250	£3,557	10
2002	£223,688	£3,203	8
2001	£208,825	£2,626	14
2000	£224,667	£1,447	3
1999	£168,300	£1,883	17
1998	£135,889	£1,427	9
1997	£121,500	£1,500	10
1996	£95,367	£1,227	15
1995	£104,929	£1,025	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£147,499		1
2023	£875,000	£5,645	1
2022	£73,000	£426	4
2021	£953,545	£5,990	4
2020	£31,513,062	£2,317	5
2019	£282,904	£8,122	3
2018	£6,635,933	£59,471	8
2017	£20,309,614	£242,411	8
2016	£6,000,000		1
2015	£455,750	£4,325	3
2014	£1,202,650	£28,360	3
2013	£624,750	£5,150	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£647,500	£6,419	2
2013	£400,000	£5,405	1
2012	£465,000	£3,720	1
2011	£360,000	£6,416	1
2010	£390,000	£4,021	1
2007	£775,000		1
2005	£447,500	£2,693	2
2004	£415,000		1
2000	£127,500	£3,204	1
1999	£178,425	£1,564	4
1998	£130,000	£1,461	1
1997	£99,350	£1,574	2
1996	£138,000		1

House Type in SE16 7AW area

The most common house types in the SE16 7AW postcode area are Flat (147), Detached (1), and Shared house (1).

Total	149
Flat	147
Detached	1
Shared house	1
Semi-detached	0
Terraced	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 Private rented: Private landlord or letting agency (68), and Owned: Owns outright (20).

Private rented: Private landlord or letting agency	68
Owned: Owns outright	20
Owned: Owns with a mortgage or loan	17
Social rented: Other social rented	15
Private rented: Other private rented	15
Shared ownership: Shared ownership	14
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SE16 7AW have 1 person in household (67), and 2 people in household (52).

1 person in household	67
2 people in household	52
3 people in household	18
4 people in household	9
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0