Housing Market Analysis for CUSTOM HOUSE REACH, SE16 7LX

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

Overview of Sold House prices

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

Flat
- The average price is around £265,295 median price is £227,500 Standard Deviation is £159,749 with Total Sold: 41
- The Last 5 Year average price is £397,400 with Total Sold: 5
- The most recent sale happened at this postcode is 6 CUSTOM HOUSE REACH: £400,000 (Sold on 22 Sep 2021)
- The first recorded sale happened at this postcode is 11 CUSTOM HOUSE REACH: £70,500 (Sold on 28 Jul 1995)
Other
- The average price is around £28,250 median price is £28,250 Standard Deviation is £1,750 with Total Sold: 2
- The Last 5 Year average price is £30,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 CUSTOM HOUSE REACH: £30,000 (Sold on 16 Apr 2021)
- The first recorded sale happened at this postcode is GARAGE 8 CUSTOM HOUSE REACH: £26,500 (Sold on 17 Aug 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 7LX 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
2021	£400,000	£5,490	4
2020	£387,000	£5,250	1
2018	£390,000	£6,094	1
2016	£646,667	£8,690	3
2015	£420,000	£4,899	2
2014	£395,000	£4,817	1
2010	£250,000		1
2009	£250,000	£3,392	1
2008	£305,000	£4,225	2
2007	£257,333	£3,919	3
2006	£225,200	£2,645	3
2005	£187,500	£2,428	2
2004	£221,500	£3,137	3
2002	£185,000	£2,354	2
2001	£162,333	£2,111	3
2000	£150,000	£1,958	2
1999	£112,500		1
1998	£110,000		1
1997	£71,500	£1,014	2
1996	£67,498	£974	2
1995	£70,500	£1,085	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£30,000		1
2017	£26,500		1

All the Sales in the CUSTOM HOUSE REACH, SE16 7LX

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

Address	Sold Date	Price	% Change
6 CUSTOM HOUSE REACHFlat, LeaseholdArea: 73.45 Sq.mtrAge: 1950-1966	22 Sep 2021	£400,000	First Sale
21 CUSTOM HOUSE REACHFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-1966	08 Jul 2021	£400,000	471.43%
	23 May 1996	£70,000	First Sale
7 CUSTOM HOUSE REACHFlat, LeaseholdArea: 76 Sq.mtrAge: 1967-1975	30 Jun 2021	£400,000	515.43%
	04 Jul 1996	£64,995	First Sale
8 CUSTOM HOUSE REACHOther, Leasehold	16 Apr 2021	£30,000	-87.50%
	26 Feb 2007	£240,000	118.18%
	30 Oct 1998	£110,000	First Sale
1 CUSTOM HOUSE REACHFlat, LeaseholdArea: 80 Sq.mtrAge: 1976-1982	16 Apr 2021	£400,000	63.27%
	22 Dec 2006	£245,000	22.50%
	01 Aug 2002	£200,000	11.11%
	12 Dec 2001	£180,000	24.14%
	14 Jun 2000	£145,000	First Sale
4 CUSTOM HOUSE REACHFlat, LeaseholdArea: 73.71 Sq.mtrAge: 1967-1975	06 Jan 2020	£387,000	54.80%
	12 Oct 2009	£250,000	17.92%
	25 Aug 2004	£212,000	28.48%
	10 Aug 2001	£165,000	6.45%
	04 Jul 2000	£155,000	First Sale
15 CUSTOM HOUSE REACHFlat, LeaseholdArea: 64 Sq.mtrAge: 1976-1982	17 May 2018	£390,000	32.20%
	08 May 2008	£295,000	First Sale
GARAGE 8 CUSTOM HOUSE REACHOther, Leasehold	17 Aug 2017	£26,500	First Sale
22 CUSTOM HOUSE REACHFlat, LeaseholdArea: 74 Sq.mtrAge: 1967-1975	29 Sep 2016	£390,000	First Sale
GARAGE 4 CUSTOM HOUSE REACHFlat, Leasehold	08 Jul 2016	£775,000	First Sale
23 CUSTOM HOUSE REACHFlat, LeaseholdArea: 64 Sq.mtr	08 Jul 2016	£775,000	First Sale
20 CUSTOM HOUSE REACHFlat, LeaseholdArea: 74 Sq.mtrAge: 1950-1966	11 Nov 2015	£410,000	41.38%
	03 Sep 2007	£290,000	27.47%
	28 Jul 2004	£227,500	First Sale
14 CUSTOM HOUSE REACHFlat, LeaseholdArea: 101 Sq.mtrAge: 1976-1982	10 Nov 2015	£430,000	91.11%
	24 Mar 2006	£225,000	First Sale
17 CUSTOM HOUSE REACHFlat, LeaseholdArea: 82 Sq.mtrAge: 1967-1975	03 Jun 2014	£395,000	25.40%
	06 Feb 2008	£315,000	40.00%
	10 Nov 2005	£225,000	First Sale
FLAT 9, 5 ODESSA STREETFlat, Leasehold	11 Aug 2010	£250,000	First Sale
2 CUSTOM HOUSE REACHFlat, Leasehold	26 Feb 2007	£242,000	17.70%
	25 Jan 2006	£205,600	82.76%
	03 Sep 1999	£112,500	First Sale
5 CUSTOM HOUSE REACHFlat, LeaseholdArea: 71 Sq.mtrAge: 1976-1982	11 May 2005	£150,000	108.33%
	23 May 1997	£72,000	First Sale
11 CUSTOM HOUSE REACHFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	23 Jun 2004	£225,000	219.15%
	28 Jul 1995	£70,500	First Sale
10 CUSTOM HOUSE REACHFlat, LeaseholdArea: 77 Sq.mtrAge: 1976-1982	28 Mar 2002	£170,000	19.72%
	17 May 2001	£142,000	First Sale
12 CUSTOM HOUSE REACHFlat, Leasehold	03 Jan 1997	£71,000	First Sale

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

CUSTOM HOUSE REACH, SE16 7LX Near By properties

Interactive Map

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

Flat
- The average price is around £305,685 median price is £262,000 Standard Deviation is £186,859 with Total Sold: 5,813
- The Last 5 Year average price is £505,440 with Total Sold: 538
- 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 , 64 KNIGHTHEAD POINT: £20,000 (Sold on 18 Jan 1995)
Terraced
- The average price is around £325,454 median price is £250,000 Standard Deviation is £217,147 with Total Sold: 560
- The Last 5 Year average price is £672,898 with Total Sold: 65
- The most recent sale happened at this postcode is , 94 ROPE STREET: £841,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 2 FARROW PLACE: £75,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £339,625 median price is £266,750 Standard Deviation is £235,299 with Total Sold: 100
- The Last 5 Year average price is £730,134 with Total Sold: 12
- 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 , 1 HOWLAND WAY: £68,000 (Sold on 28 Jun 1995)
Other
- The average price is around £2,088,172 median price is £617,500 Standard Deviation is £5,186,203 with Total Sold: 48
- The Last 5 Year average price is £530,732 with Total Sold: 23
- The most recent sale happened at this postcode is FLAT 1, 7 RAINBOW QUAY: £2,100,000 (Sold on 05 Feb 2024)
- The first recorded sale happened at this postcode is , SURREY DOCKS HEALTH CENTRE DOWNTOWN ROAD: £636,000 (Sold on 08 Aug 2014)
Detached
- The average price is around £371,708 median price is £317,500 Standard Deviation is £285,060 with Total Sold: 36
- The Last 5 Year average price is £804,000 with Total Sold: 5
- 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 , 49 HOWLAND WAY: £96,500 (Sold on 17 May 1996)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£518,108	£6,129	52
2023	£486,979	£7,141	94
2022	£507,404	£7,211	82
2021	£499,552	£6,843	129
2020	£479,873	£7,360	63
2019	£533,287	£7,675	118
2018	£512,764	£6,886	150
2017	£566,431	£7,418	141
2016	£510,099	£7,486	116
2015	£463,157	£7,114	237
2014	£431,571	£6,333	246
2013	£405,293	£5,477	153
2012	£358,775	£5,098	118
2011	£363,390	£4,846	107
2010	£340,591	£4,791	107
2009	£333,758	£4,548	75
2008	£366,174	£5,105	87
2007	£356,397	£5,195	243
2006	£304,439	£4,160	239
2005	£302,191	£4,038	223
2004	£313,384	£4,707	299
2003	£266,159	£4,366	288
2002	£243,151	£3,438	324
2001	£240,226	£3,205	392
2000	£205,050	£2,752	395
1999	£180,090	£2,346	454
1998	£136,655	£2,047	395
1997	£121,476	£1,732	199
1996	£85,525	£1,289	181
1995	£95,519	£1,240	106

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£652,600	£10,134	5
2023	£759,333	£8,231	9
2022	£680,395	£8,094	19
2021	£649,226	£8,061	15
2020	£713,550	£8,149	10
2019	£548,571	£8,076	7
2018	£624,842	£7,433	6
2017	£657,231	£7,827	10
2016	£659,827	£7,936	11
2015	£590,644	£7,114	17
2014	£649,778	£6,232	9
2013	£445,864	£5,341	21
2012	£399,816	£4,608	19
2011	£377,885	£4,919	13
2010	£367,577	£4,056	13
2009	£336,000	£4,699	11
2008	£356,000	£4,728	4
2007	£396,560	£4,355	24
2006	£286,397	£4,089	15
2005	£266,450	£3,348	21
2004	£260,244	£3,334	18
2003	£263,444	£3,140	35
2002	£228,999	£2,653	40
2001	£207,536	£2,636	39
2000	£208,759	£2,256	27
1999	£160,442	£1,986	24
1998	£129,167	£1,632	24
1997	£121,763	£1,384	49
1996	£100,780	£1,090	23
1995	£83,523	£1,113	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£618,000		2
2023	£805,000	£9,705	3
2022	£757,806	£10,895	2
2021	£697,500	£8,796	2
2020	£760,000	£8,172	1
2019	£720,000	£7,028	2
2018	£599,950	£8,954	1
2017	£596,000	£9,289	2
2016	£975,000	£8,125	1
2015	£810,000	£7,756	2
2014	£701,500	£8,208	2
2013	£427,000	£6,268	1
2011	£314,200	£4,456	5
2010	£300,000	£3,959	1
2009	£311,625	£4,339	4
2008	£308,000	£4,162	1
2007	£386,917	£5,046	6
2006	£369,312	£3,921	8
2005	£293,938	£3,565	8
2004	£316,667	£4,548	3
2003	£234,333	£3,671	3
2002	£210,083	£3,192	6
2001	£212,333	£2,661	3
2000	£233,488	£2,726	4
1999	£170,369	£2,029	8
1998	£128,357	£1,918	7
1997	£106,499	£1,452	6
1996	£108,333	£1,209	3
1995	£73,667	£1,140	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£957,500	£18,439	4
2023	£680,000	£8,718	1
2022	£455,000	£5,771	4
2021	£228,200	£3,722	5
2020	£604,911		3
2019	£486,850		6
2018	£3,674,375	£51,000	6
2017	£4,990,610	£242,411	11
2016	£1,166,611	£226	4
2015	£3,100,000		1
2014	£1,105,333		3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£750,000	£8,743	3
2022	£1,150,000	£8,915	1
2021	£620,000	£8,986	1
2017	£730,000	£10,000	1
2016	£1,150,000	£8,915	1
2013	£465,000	£6,370	1
2012	£405,000	£5,260	1
2011	£449,000	£4,791	1
2010	£410,000	£6,011	1
2008	£320,000		1
2007	£750,000	£5,814	1
2006	£301,000	£4,616	2
2005	£302,000	£4,194	1
2004	£299,000	£5,561	3
2003	£380,000	£2,508	2
2001	£253,667	£1,827	3
2000	£124,833	£2,297	3
1999	£147,250	£1,733	2
1998	£100,333	£1,505	3
1997	£108,500	£1,453	2
1996	£86,750	£1,864	2

House Type in SE16 7LX area

The most common house types in the SE16 7LX postcode area are Flat (129), Terraced (27), and Semi-detached (6).

Total	165
Flat	129
Terraced	27
Semi-detached	6
Shared house	3
Detached	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 Social rented: Other social rented (73), and Owned: Owns with a mortgage or loan (35).

Social rented: Other social rented	73
Owned: Owns with a mortgage or loan	35
Social rented: Rents from council or Local Authority	24
Private rented: Private landlord or letting agency	24
Owned: Owns outright	6
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SE16 7LX have 1 person in household (70), and 2 people in household (44).

1 person in household	70
2 people in household	44
3 people in household	28
4 people in household	10
5 people in household	7
6 people in household	4
8 or more people in household	1
0 people in household	0
7 people in household	0