Housing Market Analysis for RUSSELL PLACE, SE16 7PQ

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

Overview of Sold House prices

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

Flat
- The average price is around £305,933 median price is £249,225 Standard Deviation is £155,937 with Total Sold: 46
- The Last 5 Year average price is £516,250 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 19, TAVISTOCK TOWER RUSSELL PLACE: £515,000 (Sold on 27 Sep 2021)
- The first recorded sale happened at this postcode is FLAT 9, TAVISTOCK TOWER RUSSELL PLACE: £100,000 (Sold on 04 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 7PQ 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	£511,667	£7,882	3
2020	£530,000	£6,625	1
2018	£517,500	£7,792	2
2017	£575,000	£8,984	1
2016	£540,500	£9,155	3
2014	£482,500	£7,031	2
2013	£355,000	£4,962	1
2009	£300,000	£4,193	1
2007	£403,250	£5,252	4
2006	£243,975	£3,719	2
2005	£251,500	£4,423	2
2004	£258,250	£4,757	2
2003	£240,500	£3,833	2
2002	£232,500	£4,506	1
2001	£215,583	£3,528	6
2000	£179,317	£2,735	3
1999	£220,833	£2,161	3
1998	£123,500	£2,279	2
1997	£134,500	£1,727	3
1996	£89,000	£1,478	2

All the Sales in the RUSSELL PLACE, SE16 7PQ

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

Address	Sold Date	Price	% Change
FLAT 19, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 71.55 Sq.mtrAge: 1983-1990	27 Sep 2021	£515,000	0.0
	07 Feb 2018	£515,000	45.07%
	27 Mar 2013	£355,000	18.33%
	17 Aug 2009	£300,000	First Sale
FLAT 13, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 64 Sq.mtrAge: 1983-1990	02 Sep 2021	£530,000	-7.83%
	05 Jul 2017	£575,000	202.63%
	01 Sep 2000	£190,000	First Sale
FLAT 18, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 60 Sq.mtrAge: 1983-1990	24 May 2021	£490,000	2.08%
	22 Dec 2014	£480,000	First Sale
FLAT 8, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 80 Sq.mtrAge: 1991-1995	17 Dec 2020	£530,000	9.28%
	23 May 2014	£485,000	37.01%
	16 Nov 2007	£354,000	48.74%
	06 Jan 2006	£238,000	First Sale
FLAT 10, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 62 Sq.mtrAge: 1983-1990	30 Nov 2018	£520,000	-6.98%
	10 Jun 2016	£559,000	100.36%
	20 Feb 2007	£279,000	123.20%
	28 Aug 1998	£125,000	First Sale
FLAT 11, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 64 Sq.mtrAge: 1996-2002	29 Mar 2016	£550,000	129.17%
	24 Jun 2005	£240,000	52.38%
	23 Dec 1999	£157,500	First Sale
FLAT 5, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 52 Sq.mtrAge: 1983-1990	08 Feb 2016	£512,500	91.23%
	16 Jun 2004	£268,000	46.45%
	26 Apr 2001	£183,000	First Sale
FLAT 4, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 56 Sq.mtrAge: 1996-2002	28 Sep 2007	£330,000	32.03%
	05 May 2006	£249,950	3.71%
	21 Feb 2003	£241,000	15.87%
	22 Jun 2001	£208,000	166.67%
	22 Nov 1996	£78,000	First Sale
FLAT 20, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 105 Sq.mtrAge: 1983-1990	11 Jul 2007	£650,000	100.00%
	04 May 2001	£325,000	47.73%
	18 Jun 1999	£220,000	34.97%
	18 Dec 1997	£163,000	First Sale
FLAT 17, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 51.6 Sq.mtrAge: 1991-1995	19 May 2005	£263,000	13.12%
	25 Apr 2002	£232,500	27.40%
	30 Mar 2001	£182,500	First Sale
FLAT 2, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 57 Sq.mtrAge: 1991-1995	30 Nov 2004	£248,500	15.58%
	24 Aug 2001	£215,000	First Sale
FLAT 16, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 71.37 Sq.mtrAge: 1991-1995	28 Feb 2003	£240,000	34.83%
	04 Dec 2000	£178,000	50.21%
	03 Jul 1997	£118,500	First Sale
FLAT 15, TAVISTOCK TOWER RUSSELL PLACEFlat, Leasehold	12 Jun 2001	£180,000	First Sale
FLAT 14, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 62 Sq.mtrAge: 1983-1990	21 Jan 2000	£169,950	39.30%
	18 Dec 1997	£122,000	First Sale
FLAT 21, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 148 Sq.mtrAge: 1983-1990	10 Dec 1999	£285,000	First Sale
FLAT 6, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	27 Mar 1998	£122,000	First Sale
FLAT 9, TAVISTOCK TOWER RUSSELL PLACEFlat, LeaseholdArea: 64 Sq.mtrAge: 1996-2002	04 Apr 1996	£100,000	First Sale

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

RUSSELL PLACE, SE16 7PQ Near By properties

Interactive Map

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

Flat
- The average price is around £309,112 median price is £275,000 Standard Deviation is £185,995 with Total Sold: 6,560
- The Last 5 Year average price is £476,237 with Total Sold: 855
- 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 15, MELVILLE COURT CROFT STREET: £59,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £316,462 median price is £245,000 Standard Deviation is £218,868 with Total Sold: 952
- The Last 5 Year average price is £674,959 with Total Sold: 101
- 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)
Other
- The average price is around £2,570,946 median price is £431,970 Standard Deviation is £11,519,740 with Total Sold: 109
- The Last 5 Year average price is £686,559 with Total Sold: 41
- 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 , 228C LOWER ROAD: £79,500 (Sold on 12 Nov 2013)
Semi-Detached
- The average price is around £315,299 median price is £240,000 Standard Deviation is £258,732 with Total Sold: 185
- The Last 5 Year average price is £774,773 with Total Sold: 20
- 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 £358,705 median price is £315,000 Standard Deviation is £279,907 with Total Sold: 39
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£470,312	£6,308	80
2023	£480,174	£7,328	146
2022	£474,054	£7,000	140
2021	£455,949	£6,938	176
2020	£446,918	£6,909	104
2019	£508,892	£7,604	209
2018	£502,265	£7,525	398
2017	£542,964	£7,597	387
2016	£465,001	£7,357	417
2015	£403,125	£6,353	520
2014	£377,422	£5,861	275
2013	£347,181	£5,262	194
2012	£296,916	£4,717	102
2011	£308,264	£4,540	91
2010	£292,723	£4,330	82
2009	£261,985	£4,213	60
2008	£296,456	£5,028	109
2007	£295,538	£4,430	202
2006	£239,106	£3,830	198
2005	£230,640	£3,501	150
2004	£221,382	£3,562	224
2003	£201,690	£3,401	178
2002	£199,579	£3,297	208
2001	£178,733	£2,768	259
2000	£159,210	£2,507	309
1999	£131,239	£2,053	324
1998	£118,378	£1,771	301
1997	£99,224	£1,538	266
1996	£82,347	£1,382	294
1995	£80,430	£1,255	157

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£748,250	£9,231	8
2023	£710,000	£8,857	13
2022	£713,833	£8,380	27
2021	£642,516	£7,609	25
2020	£680,531	£8,010	16
2019	£560,833	£8,057	12
2018	£658,218	£7,119	14
2017	£651,754	£7,803	17
2016	£777,548	£7,358	23
2015	£554,015	£6,752	30
2014	£559,507	£6,192	18
2013	£439,717	£5,523	26
2012	£378,022	£4,246	23
2011	£371,312	£4,770	24
2010	£354,375	£4,140	20
2009	£341,130	£4,401	16
2008	£349,889	£4,001	9
2007	£370,920	£4,258	38
2006	£284,536	£3,872	28
2005	£262,813	£3,289	29
2004	£261,616	£3,072	46
2003	£260,125	£3,059	51
2002	£221,223	£2,455	77
2001	£202,288	£2,603	72
2000	£188,586	£2,101	40
1999	£138,005	£1,683	54
1998	£125,891	£1,471	49
1997	£121,978	£1,353	60
1996	£106,615	£1,038	52
1995	£82,485	£1,073	35

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£806,750	£18,439	8
2023	£1,993,024	£9,125	5
2022	£325,833	£6,522	6
2021	£341,388	£3,722	8
2020	£656,586	£2,346	7
2019	£349,657		7
2018	£3,271,950	£41,792	9
2017	£4,788,286	£24,189	43
2016	£1,426,215	£9,794	9
2015	£306,650		3
2014	£1,340,000		2
2013	£152,250	£1,371	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£678,667	£9,091	3
2023	£818,000	£8,955	5
2022	£669,404	£11,025	3
2021	£697,500	£8,796	2
2020	£905,248	£8,149	5
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	£310,000	£5,244	2
2011	£291,833	£4,456	6
2010	£330,000	£4,198	2
2009	£311,625	£4,339	4
2008	£251,000	£4,123	3
2007	£359,309	£4,760	11
2006	£349,581	£3,632	12
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	£180,417	£2,539	12
2000	£189,489	£2,286	9
1999	£130,391	£1,773	19
1998	£125,917	£1,976	6
1997	£92,333	£1,437	9
1996	£91,056	£1,167	8
1995	£78,286	£1,066	7

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	£404,500	£5,604	2
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
2002	£245,000	£2,753	1
2001	£291,500	£1,973	2
2000	£116,125	£2,045	4
1999	£147,250	£1,733	2
1998	£100,333	£1,505	3
1997	£108,500	£1,453	2
1996	£88,167	£1,584	3

House Type in SE16 7PQ area

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

Total	111
Flat	102
Terraced	6
Semi-detached	1
converted building	1
commercial building	1
Detached	0
Shared house	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 (49), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency	49
Owned: Owns with a mortgage or loan	40
Owned: Owns outright	15
Private rented: Other private rented	6
Social rented: Other social rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

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

1 person in household	44
2 people in household	41
3 people in household	16
4 people in household	8
6 people in household	2
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0