Housing Market Analysis for RUSSELL PLACE, SE16 7PL

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £274,776 median price is £200,000 Standard Deviation is £174,582 with Total Sold: 21
    • The Last 5 Year average price is £271,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 11 RUSSELL PLACE: £190,000 (Sold on 24 Oct 2022)
    • The first recorded sale happened at this postcode is 15 RUSSELL PLACE: £127,000 (Sold on 22 Jun 1999)
  • Other
    • The average price is around £70,000 median price is £70,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £70,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 11 RUSSELL PLACE: £70,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is 11 RUSSELL PLACE: £70,000 (Sold on 31 Aug 2021)
  • Terraced
    • The average price is around £175,000 median price is £175,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 RUSSELL PLACE: £175,000 (Sold on 09 Nov 1998)
    • The first recorded sale happened at this postcode is 2 RUSSELL PLACE: £175,000 (Sold on 09 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 7PL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£190,000 £3,585 1
2020£311,500 £6,437 2
2018£690,000 £6,330 1
2016£718,000 £7,465 1
2013£481,500 £4,804 2
2007£235,000 £5,176 1
2006£183,800 £3,564 1
2004£259,750 £3,041 2
2002£178,625 £3,060 4
2001£207,500 £2,183 3
1999£103,667 £1,689 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£70,000 £1,321 1
2021£70,000 £1,321 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£175,000 £1,672 1

All the Sales in the RUSSELL PLACE, SE16 7PL

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

AddressSold DatePrice% Change
11 RUSSELL PLACEFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-200224 Oct 2022£190,000171.43%
11 Feb 2022£70,0000.0
31 Aug 2021£70,000First Sale
16 RUSSELL PLACEFlat, LeaseholdArea: 51.57 Sq.mtrAge: 1983-199019 Mar 2020£322,00075.19%
25 May 2006£183,800First Sale
20 RUSSELL PLACEFlat, LeaseholdArea: 45.4 Sq.mtrAge: 1991-199507 Feb 2020£301,00028.09%
12 Oct 2007£235,000First Sale
4 RUSSELL PLACEFlat, LeaseholdArea: 109 Sq.mtrAge: 1983-199019 Jul 2018£690,000First Sale
1 RUSSELL PLACEFlat, LeaseholdArea: 96.18 Sq.mtrAge: 1983-199029 Mar 2016£718,00048.65%
27 Aug 2013£483,00048.84%
01 Jun 2004£324,50054.52%
18 May 2001£210,000First Sale
2 RUSSELL PLACEFlat, LeaseholdArea: 104.674 Sq.mtrAge: 1983-199014 Mar 2013£480,000174.29%
09 Nov 1998£175,000First Sale
14 RUSSELL PLACEFlat, LeaseholdArea: 72 Sq.mtrAge: 1983-199016 Apr 2004£195,000First Sale
17 RUSSELL PLACEFlat, LeaseholdArea: 43 Sq.mtrAge: 1996-200201 Nov 2002£163,000First Sale
15 RUSSELL PLACEFlat, LeaseholdArea: 64 Sq.mtrAge: 1996-200223 Aug 2002£200,00057.48%
22 Jun 1999£127,000First Sale
7 RUSSELL PLACEFlat, Leasehold05 Mar 2002£197,500First Sale
18 RUSSELL PLACEFlat, LeaseholdArea: 68 Sq.mtrAge: 1991-199515 Jan 2002£154,00048.08%
09 Jul 1999£104,000First Sale
3 RUSSELL PLACEFlat, Leasehold04 Sep 2001£295,000First Sale
19 RUSSELL PLACEFlat, Leasehold15 Jun 2001£117,50046.88%
03 Dec 1999£80,000First Sale

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

RUSSELL PLACE, SE16 7PL Near By properties

Interactive Map

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

  • Flat
    • The average price is around £309,852 median price is £277,938 Standard Deviation is £184,070 with Total Sold: 6,238
    • The Last 5 Year average price is £479,111 with Total Sold: 796
    • The most recent sale happened at this postcode is 9, BENYAMIN APARTMENTS, 375 ROTHERHITHE STREET: £560,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 25, BALTIC COURT TIMBER POND ROAD: £29,500 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £324,451 median price is £249,950 Standard Deviation is £225,272 with Total Sold: 951
    • The Last 5 Year average price is £691,318 with Total Sold: 105
    • 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 , 12 MAPLE LEAF SQUARE: £107,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £2,866,894 median price is £505,925 Standard Deviation is £12,496,261 with Total Sold: 92
    • The Last 5 Year average price is £536,755 with Total Sold: 32
    • The most recent sale happened at this postcode is , 9 PLOUGH WAY: £770,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , SURREY DOCKS HEALTH CENTRE DOWNTOWN ROAD: £636,000 (Sold on 08 Aug 2014)
  • Semi-Detached
    • The average price is around £306,968 median price is £240,000 Standard Deviation is £228,898 with Total Sold: 173
    • The Last 5 Year average price is £704,484 with Total Sold: 18
    • 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 , 127 REDRIFF ROAD: £99,000 (Sold on 24 Apr 1995)
  • Detached
    • The average price is around £357,924 median price is £308,500 Standard Deviation is £275,226 with Total Sold: 40
    • 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 , 72 BRUNSWICK QUAY: £91,000 (Sold on 18 Mar 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£476,587 £6,308 75
2023£482,724 £7,367 136
2022£470,141 £7,005 125
2021£457,643 £6,955 161
2020£451,165 £6,920 100
2019£514,639 £7,686 199
2018£502,993 £7,540 397
2017£551,528 £7,596 238
2016£468,063 £7,374 411
2015£408,053 £6,390 514
2014£383,191 £5,911 273
2013£357,101 £5,333 190
2012£309,431 £4,833 103
2011£308,990 £4,572 92
2010£295,164 £4,378 81
2009£275,293 £4,299 60
2008£326,543 £5,037 144
2007£317,111 £4,576 214
2006£244,226 £3,846 186
2005£238,779 £3,575 136
2004£224,821 £3,561 215
2003£204,038 £3,420 172
2002£201,525 £3,328 198
2001£179,927 £2,825 248
2000£161,288 £2,532 296
1999£133,786 £2,071 307
1998£119,819 £1,775 287
1997£100,490 £1,561 254
1996£83,440 £1,402 284
1995£85,025 £1,285 142
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£782,889 £9,231 9
2023£710,000 £8,857 13
2022£720,466 £8,433 29
2021£660,916 £7,734 25
2020£700,333 £7,905 18
2019£571,818 £8,373 11
2018£657,235 £7,257 13
2017£667,268 £7,832 17
2016£790,462 £7,388 24
2015£589,409 £7,071 28
2014£576,867 £6,886 15
2013£452,702 £5,496 28
2012£385,977 £4,373 22
2011£376,135 £4,910 26
2010£361,309 £4,091 21
2009£343,416 £4,384 17
2008£374,250 £4,487 8
2007£379,999 £4,444 35
2006£288,916 £3,888 29
2005£266,341 £3,347 31
2004£278,524 £3,312 37
2003£269,687 £3,081 48
2002£223,124 £2,485 80
2001£207,378 £2,647 72
2000£201,667 £2,197 36
1999£144,401 £1,715 57
1998£134,628 £1,541 48
1997£120,401 £1,355 64
1996£108,188 £1,054 53
1995£87,127 £1,061 37
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£806,750 £18,439 8
2023£601,667 £8,718 3
2022£325,833 £6,522 6
2021£370,000 £3,722 6
2020£771,1833
2019£404,7676
2018£3,748,406 £41,792 8
2017£4,939,827 £24,189 41
2016£1,342,740 £8,365 8
2014£1,105,3333
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£618,0002
2023£818,000 £8,955 5
2022£669,404 £11,025 3
2021£697,500 £8,796 2
2020£627,875 £8,149 4
2019£720,000 £7,028 2
2018£636,238 £7,831 4
2017£682,000 £8,330 4
2016£752,500 £10,085 2
2015£733,333 £7,682 3
2014£556,000 £8,208 3
2013£503,500 £5,492 2
2012£275,000 £6,250 1
2011£291,833 £4,456 6
2010£300,000 £3,959 1
2009£311,625 £4,339 4
2008£251,000 £4,123 3
2007£363,740 £4,891 10
2006£343,861 £3,740 11
2005£266,278 £3,538 9
2004£259,312 £3,976 8
2003£207,094 £3,048 8
2002£222,121 £2,953 12
2001£174,722 £2,563 9
2000£183,800 £2,397 8
1999£131,320 £1,809 17
1998£122,071 £1,976 7
1997£103,374 £1,437 8
1996£91,056 £1,167 8
1995£78,286 £1,066 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£404,500 £5,604 2
2010£410,000 £6,011 1
2008£320,0001
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
2002£245,000 £2,753 1
2001£291,500 £1,973 2
2000£124,833 £2,297 3
1999£177,988 £1,663 4
1998£100,333 £1,505 3
1997£108,500 £1,453 2
1996£88,167 £1,584 3

House Type in SE16 7PL area

The most common house types in the SE16 7PL postcode area are Flat (102), Terraced (6), and Semi-detached (1).

Total111
Flat102
Terraced6
Semi-detached1
converted building1
commercial building1
Detached0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (49), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency49
Owned: Owns with a mortgage or loan40
Owned: Owns outright15
Private rented: Other private rented6
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the SE16 7PL have 1 person in household (44), and 2 people in household (41).

1 person in household44
2 people in household41
3 people in household16
4 people in household8
6 people in household2
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0