Millender Walk - SE16 2BL
Key Postcode Insights
SE16 2BL is a residential postcode situated on Millender Walk, London, SE16 with 48 addresses.
It ranks as the 853rd largest and 396th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £356,275
- 10 Year change
- down 6.7%
- Ave. Rental Price
- £2,094pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £425/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
SE16 2BL is a residential postcode situated on Millender Walk, London, SE16 with 48 addresses.
It ranks as the 853rd largest and 396th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £356,275
- 10 Year change
- down 6.7%
- Ave. Rental Price
- £2,094pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £425/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin SE16 2BL
- 1 Millender Walk
3 Bed Mid-century Flat
- 2 Millender Walk
3 Bed Mid-century Flat
- 3 Millender Walk
Unknown
- 4 Millender Walk
Unknown
- 5 Millender Walk
3 Bed Mid-century Flat
Sales Market Trends
The last sale in SE16 2BL sold for £220,000 on 3rd October 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £356,275.
The SE16 2BL Sales Market has decreased by 6.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.3% | £356,275 |
| June 2025 | -0.7% | £368,567 |
| June 2024 | -0.7% | £371,178 |
| June 2023 | -0.5% | £373,827 |
| June 2022 | 2.3% | £375,801 |
| June 2021 | -2.5% | £367,204 |
| June 2020 | 1.9% | £376,607 |
| June 2019 | -0.7% | £369,687 |
| June 2018 | -2.3% | £372,422 |
| June 2017 | -0.2% | £381,195 |
| June 2016 | 8.5% | £381,886 |
| June 2015 | 9.8% | £351,962 |
| June 2014 | 24.8% | £320,582 |
| June 2013 | 6.1% | £256,833 |
| June 2012 | 4.3% | £242,156 |
| June 2011 | 1% | £232,184 |
| June 2010 | 7.8% | £229,908 |
| June 2009 | -11.9% | £213,368 |
| June 2008 | 4.1% | £242,201 |
| June 2007 | 0% | £232,662 |
Rental Market Trends
The current average rental value in the postcode is £2,094.
The SE16 2BL Rental Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £2,094pcm |
| June 2025 | 1.1% | £1,998pcm |
| June 2024 | 5.1% | £1,977pcm |
| June 2023 | 11.5% | £1,880pcm |
| June 2022 | 16% | £1,686pcm |
| June 2021 | -6.9% | £1,454pcm |
| June 2020 | 0.8% | £1,562pcm |
| June 2019 | 1.9% | £1,550pcm |
| June 2018 | 0.1% | £1,521pcm |
| June 2017 | -1.9% | £1,519pcm |
| June 2016 | 0.7% | £1,549pcm |
| June 2015 | 7.3% | £1,538pcm |
| June 2014 | 4% | £1,434pcm |
| June 2013 | -1.1% | £1,379pcm |
| June 2012 | 8% | £1,395pcm |
| June 2011 | 9.8% | £1,292pcm |
| June 2010 | 4.8% | £1,176pcm |
| June 2009 | -12.9% | £1,123pcm |
| June 2008 | 6.7% | £1,289pcm |
| June 2007 | 0% | £1,208pcm |
Sales History
The last sale was on 3rd October 2025 for £220,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 17 sales since 1995.
SE16 2BL has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Oct 2025£220,000 | 1 Bed Flat27, Millender Walk, London, SE16 2BL27, Millender Walk, London, SE16 2BL
- Sold Aug 2025£435,000 | 3 Bed Flat35, Millender Walk, London, SE16 2BL35, Millender Walk, London, SE16 2BL
- Sold Apr 2024£310,000 | 3 Bed Flat42, Millender Walk, London, SE16 2BL42, Millender Walk, London, SE16 2BL
- Sold Dec 2023£380,000 | 3 Bed Flat9, Millender Walk, London, SE16 2BL9, Millender Walk, London, SE16 2BL
- Sold Mar 2022£177,000 | 1 Bed Flat19, Millender Walk, London, SE16 2BL19, Millender Walk, London, SE16 2BL
Nearby Postcodes
SE16 2BL is the 853rd largest and the 396th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 2BH, Millender Walk, London, SE16SE16 2BH16 Addresses|52 m away
- SE16 2BG, Millender Walk, London, SE16SE16 2BG49 Addresses|60 m away
- SE16 2RA, Eugenia Road, London, SE16SE16 2RA30 Addresses|62 m away
- SE16 2SH, Silwood Street, London, SE16SE16 2SH16 Addresses|62 m away
- SE16 2AN, Silwood Street, London, SE16SE16 2AN3 Addresses|63 m away
Property Types
- 1 period flat built between 1800 and 1911
- 33 mid-century flats built between 1936 and 1979
- 14 other addresses of unknown type
- period flat (1)
- mid-century flat (33)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (24)
- G (0)
- D (8)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Aug 2025£435,000 | 3 Bed Flat35, Millender Walk, London, SE16 2BL35, Millender Walk, London, SE16 2BL
- Sold Nov 2019£425,000 | 3 Bed Flat12, Millender Walk, London, SE16 2BL12, Millender Walk, London, SE16 2BL
- Sold Oct 2025£405,000 | 3 Bed FlatFlat 4, Adron House, Millender Walk, London, SE16 2BHFlat 4, Adron House, Millender Walk, London, SE16 2BH
Schools Nearby
- Rotherhithe Primary School200 m away
- Galleywall Primary, City of London Academy500 m away
- St Joseph's Catholic Primary School600 m away
- City of London Academy (Southwark)1.0 km away
- The Charter School Bermondsey1.1 km away
- Harris Academy Bermondsey1.4 km away
More reading links
Public Transport Nearby
The closest station to SE16 2BL is South Bermondsey station, which is 300 metres away.
- South Bermondsey|300 m away
- Surrey Quays|400 m away
- Canada Water|900 m away
