New Tannery Way - SE1 5WS
Key Postcode Insights
SE1 5WS is a residential postcode situated on New Tannery Way, London, SE1 with 73 addresses.
It ranks as the 1537th largest and 1001st most expensive of the 1,631 postcodes in the SE1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 73 properties: 2 houses and 71 flats.
- Ave. Sale Price
- £678,919
- 10 Year change
- down 12.2%
- Ave. Rental Price
- £3,198pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £905/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
SE1 5WS is a residential postcode situated on New Tannery Way, London, SE1 with 73 addresses.
It ranks as the 1537th largest and 1001st most expensive of the 1,631 postcodes in the SE1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 73 properties: 2 houses and 71 flats.
- Ave. Sale Price
- £678,919
- 10 Year change
- down 12.2%
- Ave. Rental Price
- £3,198pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £905/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Sales Market Trends
The last sale in SE1 5WS sold for £760,000 on 30th April 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £678,919.
The SE1 5WS Sales Market has decreased by 12.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £678,919 |
| June 2025 | -2.8% | £696,025 |
| June 2024 | -1.7% | £715,784 |
| June 2023 | -1.6% | £728,357 |
| June 2022 | 3% | £740,525 |
| June 2021 | -2.1% | £719,038 |
| June 2020 | 1% | £734,396 |
| June 2019 | -1.5% | £727,195 |
| June 2018 | -2.2% | £738,272 |
| June 2017 | -2.4% | £754,510 |
| June 2016 | 5.8% | £772,896 |
| June 2015 | 4.3% | £730,446 |
| June 2014 | 19.3% | £700,123 |
| June 2013 | 11.2% | £586,929 |
| June 2012 | 6.7% | £527,584 |
| June 2011 | 4.4% | £494,240 |
| June 2010 | 12.3% | £473,630 |
| June 2009 | -5.6% | £421,708 |
| June 2008 | 1.4% | £446,875 |
| June 2007 | 0% | £440,774 |
Rental Market Trends
The current average rental value in the postcode is £3,198.
The SE1 5WS Rental Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £3,198pcm |
| June 2025 | 1% | £3,059pcm |
| June 2024 | 3.7% | £3,030pcm |
| June 2023 | 12.2% | £2,922pcm |
| June 2022 | 21.7% | £2,605pcm |
| June 2021 | -7.6% | £2,140pcm |
| June 2020 | -1.6% | £2,316pcm |
| June 2019 | 2.6% | £2,353pcm |
| June 2018 | 2% | £2,293pcm |
| June 2017 | -2.6% | £2,247pcm |
| June 2016 | -0.4% | £2,307pcm |
| June 2015 | 3.6% | £2,316pcm |
| June 2014 | -0.9% | £2,236pcm |
| June 2013 | -3.5% | £2,256pcm |
| June 2012 | 7.7% | £2,338pcm |
| June 2011 | 9.1% | £2,172pcm |
| June 2010 | 11.1% | £1,990pcm |
| June 2009 | -13.3% | £1,790pcm |
| June 2008 | 9.7% | £2,066pcm |
| June 2007 | 0% | £1,884pcm |
Sales History
The last sale was on 30th April 2025 for £760,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 61 sales since 1995.
SE1 5WS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2025£760,000 | 2 Bed FlatApartment 60, 1, New Tannery Way, London, SE1 5WSApartment 60, 1, New Tannery Way, London, SE1 5WS
- Sold Nov 2022£1,118,000 | 3 Bed FlatApartment 9, 1, New Tannery Way, London, SE1 5WSApartment 9, 1, New Tannery Way, London, SE1 5WS
- Sold Nov 2022£142,500 | 2 Bed FlatApartment 31, 1, New Tannery Way, London, SE1 5WSApartment 31, 1, New Tannery Way, London, SE1 5WS
- Sold Nov 2022£141,875 | 2 Bed FlatApartment 25, 1, New Tannery Way, London, SE1 5WSApartment 25, 1, New Tannery Way, London, SE1 5WS
- Sold Sep 2022£1,250,000 | 3 Bed FlatApartment 6, 1, New Tannery Way, London, SE1 5WSApartment 6, 1, New Tannery Way, London, SE1 5WS
Nearby Postcodes
SE1 5WS is the 1537th largest and the 1001st most expensive postcode out of the 1,631 postcodes in the SE1 area.
- SE1 5ZW, New Tannery Way, London, SE1SE1 5ZW67 Addresses|20 m away
- SE1 5EB, New Tannery Way, London, SE1SE1 5EB78 Addresses|31 m away
- SE1 5ED, New Tannery Way, London, SE1SE1 5ED30 Addresses|31 m away
- SE1 5YQ, Crimscott Street, London, SE1SE1 5YQ25 Addresses|38 m away
- SE1 5SF, Willow Walk, London, SE1SE1 5SF12 Addresses|57 m away
Property Types
- 71 modern flats built after 1980
- 2 other addresses of unknown type
- modern flat (71)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 71 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (71)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2023£2,300,000 | 3 Bed FlatApartment 76, 5, New Tannery Way, London, SE1 5EBApartment 76, 5, New Tannery Way, London, SE1 5EB
- Sold Sep 2022£2,300,000 | 3 Bed FlatApartment 72, 5, New Tannery Way, London, SE1 5EBApartment 72, 5, New Tannery Way, London, SE1 5EB
- Sold Aug 2022£1,875,000 | 3 Bed FlatApartment 68, 5, New Tannery Way, London, SE1 5EBApartment 68, 5, New Tannery Way, London, SE1 5EB
Schools Nearby
- Boutcher Church of England Primary School200 m away
- Grange Primary School300 m away
- Surrey Square Primary School700 m away
- Harris Academy Bermondsey600 m away
- St Saviour's and St Olave's Church of England School600 m away
- Ark Walworth Academy800 m away
More reading links
Public Transport Nearby
The closest station to SE1 5WS is Bermondsey station, which is 1.1 kilometres away.
- Bermondsey|1.1 km away
- London Bridge|1.2 km away
- Borough|1.3 km away
- Elephant & Castle|1.4 km away
