Westlake, Rotherhithe New Road
Key Building Insights
Westlake, Rotherhithe New Road is a residential building situated on Rotherhithe New Road, London, SE16 with 130 addresses.
It ranks as the 888th largest and 128th most expensive of the 897 buildings in the SE16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 130 properties: 74 flats and 56 other properties.
- Ave. Sale Price
- £283,991
- 10 Year change
- down 7.4%
- Ave. Rental Price
- £1,730pcm
- 10 Year change
- up 34.2%
- Ave. £ per ft²
- £563/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
Westlake, Rotherhithe New Road is a residential building situated on Rotherhithe New Road, London, SE16 with 130 addresses.
It ranks as the 888th largest and 128th most expensive of the 897 buildings in the SE16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 130 properties: 74 flats and 56 other properties.
- Ave. Sale Price
- £283,991
- 10 Year change
- down 7.4%
- Ave. Rental Price
- £1,730pcm
- 10 Year change
- up 34.2%
- Ave. £ per ft²
- £563/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties on Rotherhithe New Road, London, SE16
- Flat 1 Westlake
Mid-century Flat
- Flat 2 Westlake
Mid-century Flat
- Flat 3 Westlake
1 Bed Mid-century Flat
- Flat 4 Westlake
Mid-century Flat
- Flat 5 Westlake
Mid-century Flat
Sales Market Trends
The last sale in Westlake, Rotherhithe New Road sold for £310,000 on 8th November 2024. Since then prices are down an average of 4.7%.
The current average value in the building is £283,991.
The Westlake, Rotherhithe New Road Sales Market has decreased by 7.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £283,991 |
| June 2025 | -1.6% | £293,872 |
| June 2024 | -1.3% | £298,573 |
| June 2023 | -0.2% | £302,428 |
| June 2022 | 1.7% | £303,155 |
| June 2021 | -1.5% | £298,091 |
| June 2020 | 2% | £302,518 |
| June 2019 | -1.5% | £296,497 |
| June 2018 | -2.2% | £301,068 |
| June 2017 | 0.4% | £307,926 |
| June 2016 | 9% | £306,744 |
| June 2015 | 10.7% | £281,475 |
| June 2014 | 25.6% | £254,369 |
| June 2013 | 5.7% | £202,476 |
| June 2012 | 4% | £191,493 |
| June 2011 | 0.3% | £184,173 |
| June 2010 | 7.4% | £183,578 |
| June 2009 | -12.1% | £170,890 |
| June 2008 | 4% | £194,313 |
| June 2007 | 0% | £186,811 |
Rental Market Trends
The current average rental value in the building is £1,730.
The Westlake, Rotherhithe New Road Rental Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,730pcm |
| June 2025 | 0.2% | £1,651pcm |
| June 2024 | 4.5% | £1,648pcm |
| June 2023 | 11.8% | £1,576pcm |
| June 2022 | 15.3% | £1,410pcm |
| June 2021 | -6% | £1,223pcm |
| June 2020 | 0.9% | £1,300pcm |
| June 2019 | 1.1% | £1,288pcm |
| June 2018 | 0.2% | £1,274pcm |
| June 2017 | -1.4% | £1,271pcm |
| June 2016 | 1.1% | £1,289pcm |
| June 2015 | 8.1% | £1,275pcm |
| June 2014 | 4.7% | £1,179pcm |
| June 2013 | -1.5% | £1,127pcm |
| June 2012 | 7.7% | £1,143pcm |
| June 2011 | 9.1% | £1,062pcm |
| June 2010 | 4.4% | £973pcm |
| June 2009 | -13% | £932pcm |
| June 2008 | 6.6% | £1,071pcm |
| June 2007 | 0% | £1,005pcm |
Sales History
The last recorded sale was on 8th November 2024 for £310,000 and since then the market in the area has decreased by 4.7%.
Westlake, Rotherhithe New Road, London, SE16 2DG has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Nov 2024£310,000 | 1 Bed FlatFlat 111, Westlake, Rotherhithe New Road, London, SE16 2DTFlat 111, Westlake, Rotherhithe New Road, London, SE16 2DT
- Sold Mar 2024£230,000 | 2 Bed FlatFlat 89, Westlake, Rotherhithe New Road, London, SE16 2DGFlat 89, Westlake, Rotherhithe New Road, London, SE16 2DG
- Sold Nov 2023£320,000 | 2 Bed FlatFlat 7, Westlake, Rotherhithe New Road, London, SE16 2BWFlat 7, Westlake, Rotherhithe New Road, London, SE16 2BW
Property Types
- 72 mid-century flats built between 1936 and 1979
- 2 flats of an unknown age
- 56 other addresses of unknown type
- mid-century flat (72)
- flat (2)
- Unknown (56)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 72 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (7)
- F (0)
- C (50)
- G (0)
- D (14)
- No EPC (58)
Top 3 Most Expensive Sales
- Sold Nov 2024£2,350,000 | 4 Bed House19-25, Rotherhithe New Road, London, SE16 2AE19-25, Rotherhithe New Road, London, SE16 2AE
- Sold Nov 2024£2,250,000 | 4 Bed House19-25, Rotherhithe New Road, London, SE16 2AE19-25, Rotherhithe New Road, London, SE16 2AE
- Sold May 2014£785,000 | 2 Bed Flat7, Cape Apartments 130, Rotherhithe New Road, London, SE16 2AP7, Cape Apartments 130, Rotherhithe New Road, London, SE16 2AP
Schools Nearby
- Rotherhithe Primary School100 m away
- St Joseph's Catholic Primary School500 m away
- Galleywall Primary, City of London Academy600 m away
- The Charter School Bermondsey1.0 km away
- City of London Academy (Southwark)1.0 km away
- Harris Academy Bermondsey1.4 km away
More reading links
Public Transport Nearby
The closest station to Westlake, Rotherhithe New Road, London, SE16 2DG is Surrey Quays station, which is 300 metres away.
- Surrey Quays|300 m away
- South Bermondsey|400 m away
- Canada Water|800 m away