Housing Market Analysis for NORWAY GATE, SE16 7TR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £185,253 median price is £162,000 Standard Deviation is £100,459 with Total Sold: 29
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 NORWAY GATE: £350,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is 11 NORWAY GATE: £58,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SE16 7TR 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
2023£350,000 £7,292 1
2015£306,000 £4,322 2
2014£362,475 £7,717 2
2012£250,000 £4,813 1
2011£225,000 £4,966 1
2008£246,975 £5,422 2
2007£250,000 £5,518 1
2005£198,333 £3,450 3
2004£182,000 £3,957 1
2003£180,000 £3,466 1
2002£180,000 £3,973 1
2001£141,975 £2,858 2
2000£146,000 £3,034 2
1999£125,0001
1998£105,000 £2,188 1
1997£93,000 £1,474 3
1995£61,125 £1,311 4

All the Sales in the NORWAY GATE, SE16 7TR

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

AddressSold DatePrice% Change
3 NORWAY GATEFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-199018 Aug 2023£350,000116.05%
02 Feb 2015£162,00054.29%
12 Jun 1998£105,000First Sale
7 NORWAY GATEFlat, LeaseholdArea: 85.4 Sq.mtr20 Nov 2015£450,00066.05%
05 Aug 2005£271,000First Sale
11 NORWAY GATEFlat, Leasehold31 Oct 2014£369,95048.01%
04 Jun 2008£249,95056.22%
25 May 2005£160,00028.00%
23 Nov 1999£125,000115.52%
03 Mar 1995£58,000First Sale
9 NORWAY GATEFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-199510 Jun 2014£355,00095.05%
02 Jan 2004£182,000First Sale
21 NORWAY GATEFlat, LeaseholdArea: 51.94 Sq.mtrAge: 1996-200218 May 2012£250,00038.89%
28 Jan 2003£180,000First Sale
27 NORWAY GATEFlat, LeaseholdArea: 45.31 Sq.mtrAge: 1996-200223 Aug 2011£225,000-10.00%
10 Oct 2007£250,00038.89%
29 Nov 2002£180,00039.53%
26 Jan 2001£129,000First Sale
1 NORWAY GATEFlat, LeaseholdArea: 45 Sq.mtrAge: 1983-199023 Jun 2008£244,00067.12%
23 Aug 2000£146,000First Sale
17 NORWAY GATEFlat, LeaseholdArea: 44 Sq.mtrAge: 1983-199005 Aug 2005£164,000First Sale
29 NORWAY GATEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-199011 Jun 2001£154,95084.46%
10 Dec 1997£84,00032.28%
22 Jun 1995£63,500First Sale
13 NORWAY GATEFlat, LeaseholdArea: 51.71 Sq.mtrAge: 1983-199017 Jul 2000£146,000102.78%
10 Oct 1997£72,000First Sale
15 NORWAY GATEFlat, Leasehold22 Dec 1997£123,000First Sale
19 NORWAY GATEFlat, LeaseholdArea: 44.897 Sq.mtrAge: 1983-199013 Oct 1995£58,000First Sale
25 NORWAY GATEFlat, LeaseholdArea: 44.398 Sq.mtrAge: 1983-199031 Mar 1995£65,000First Sale

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

NORWAY GATE, SE16 7TR Near By properties

Interactive Map

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

  • Flat
    • The average price is around £298,645 median price is £249,999 Standard Deviation is £182,890 with Total Sold: 5,443
    • The Last 5 Year average price is £497,064 with Total Sold: 592
    • 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 , 52 SOMERFORD WAY: £63,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £314,248 median price is £245,000 Standard Deviation is £211,789 with Total Sold: 798
    • The Last 5 Year average price is £670,807 with Total Sold: 86
    • 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 £1,628,131 median price is £437,560 Standard Deviation is £4,361,920 with Total Sold: 72
    • The Last 5 Year average price is £583,798 with Total Sold: 24
    • The most recent sale happened at this postcode is FLAT 4, 2 AURORA POINT PLOUGH WAY: £600,000 (Sold on 18 Jun 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 £316,069 median price is £245,000 Standard Deviation is £228,572 with Total Sold: 153
    • The Last 5 Year average price is £711,857 with Total Sold: 16
    • 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 £365,932 median price is £315,000 Standard Deviation is £283,865 with Total Sold: 37
    • 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£476,600 £5,927 56
2023£496,969 £7,606 118
2022£499,237 £7,203 94
2021£468,738 £7,138 125
2020£474,325 £7,331 80
2019£550,112 £7,763 119
2018£511,152 £7,603 378
2017£553,509 £7,661 228
2016£475,392 £7,407 178
2015£408,779 £6,450 291
2014£377,108 £5,984 264
2013£355,452 £5,293 187
2012£306,991 £4,675 94
2011£324,542 £4,609 89
2010£307,749 £4,491 82
2009£280,107 £4,371 61
2008£277,520 £4,953 65
2007£311,557 £4,519 193
2006£249,519 £3,866 182
2005£245,712 £3,574 142
2004£232,098 £3,582 210
2003£213,719 £3,477 201
2002£221,461 £3,326 278
2001£185,680 £2,820 236
2000£175,757 £2,563 324
1999£144,500 £2,122 317
1998£119,797 £1,745 279
1997£97,302 £1,534 206
1996£80,785 £1,324 229
1995£86,921 £1,292 137
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£748,250 £9,231 8
2023£708,875 £8,909 12
2022£708,977 £8,339 22
2021£626,144 £7,800 20
2020£688,321 £8,090 14
2019£544,000 £8,244 10
2018£669,504 £7,165 12
2017£653,943 £7,866 12
2016£715,736 £7,757 11
2015£580,165 £7,230 24
2014£591,996 £6,785 14
2013£443,106 £5,383 25
2012£391,425 £4,409 20
2011£365,105 £4,851 19
2010£364,342 £4,220 19
2009£344,256 £4,492 14
2008£382,800 £4,576 5
2007£396,826 £4,392 29
2006£288,898 £3,927 24
2005£258,333 £3,216 28
2004£281,073 £3,347 33
2003£270,032 £3,110 46
2002£219,405 £2,461 67
2001£207,047 £2,658 58
2000£205,088 £2,215 34
1999£151,772 £1,882 38
1998£133,313 £1,551 42
1997£123,767 £1,369 57
1996£108,760 £1,047 50
1995£87,161 £1,085 31
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£886,000 £18,439 5
2023£601,667 £8,718 3
2022£380,000 £5,712 4
2021£310,000 £3,722 5
2020£771,1833
2019£598,1504
2018£3,202,607 £41,792 7
2017£2,113,172 £26,377 33
2016£1,161,332 £4,286 4
2015£3,100,0001
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£610,250 £9,361 2
2019£720,000 £7,028 2
2018£614,975 £8,465 2
2017£682,000 £8,330 4
2016£752,500 £10,085 2
2015£733,333 £7,682 3
2014£701,500 £8,208 2
2013£503,500 £5,492 2
2012£275,000 £6,250 1
2011£314,200 £4,456 5
2010£300,000 £3,959 1
2009£311,625 £4,339 4
2008£276,500 £4,123 2
2007£370,488 £5,097 8
2006£364,250 £3,740 10
2005£266,500 £3,540 11
2004£276,357 £3,976 7
2003£217,679 £3,066 7
2002£222,121 £2,953 12
2001£198,429 £2,692 7
2000£199,343 £2,502 7
1999£139,454 £1,992 12
1998£125,917 £1,976 6
1997£103,374 £1,437 8
1996£91,056 £1,167 8
1995£86,667 £1,066 6
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£449,000 £4,791 1
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£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 7TR area

The most common house types in the SE16 7TR postcode area are Terraced (50), Flat (30), and Semi-detached (15).

Total102
Terraced50
Flat30
Semi-detached15
Detached6
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (52), and Private rented: Private landlord or letting agency (22).

Social rented: Other social rented52
Private rented: Private landlord or letting agency22
Owned: Owns outright15
Owned: Owns with a mortgage or loan12
Social rented: Rents from council or Local Authority4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SE16 7TR have 2 people in household (29), and 1 person in household (26).

2 people in household29
1 person in household26
4 people in household19
3 people in household18
5 people in household9
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0