New Place Square - SE16 2HP
Key Postcode Insights
SE16 2HP is a residential postcode situated on New Place Square, London, SE16 with 44 addresses.
It ranks as the 814th largest and 61st 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 44 properties: 44 flats.
- Ave. Sale Price
- £296,347
- 10 Year change
- down 10.4%
- Ave. Rental Price
- £1,779pcm
- 10 Year change
- up 32.5%
- Ave. £ per ft²
- £522/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
SE16 2HP is a residential postcode situated on New Place Square, London, SE16 with 44 addresses.
It ranks as the 814th largest and 61st 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 44 properties: 44 flats.
- Ave. Sale Price
- £296,347
- 10 Year change
- down 10.4%
- Ave. Rental Price
- £1,779pcm
- 10 Year change
- up 32.5%
- Ave. £ per ft²
- £522/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin SE16 2HP
- 57 New Place Square
2 Bed Mid-century Flat
- 58 New Place Square
Unknown
- 59 New Place Square
Unknown
- 60 New Place Square
2 Bed Mid-century Flat
- 61 New Place Square
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SE16 2HP sold for £416,500 on 11th June 2025. Since then prices are down an average of 5.2%.
The current average value in the postcode is £296,347.
The SE16 2HP Sales Market has decreased by 10.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £296,347 |
| June 2025 | -1.4% | £307,482 |
| June 2024 | -1.2% | £311,916 |
| June 2023 | -0.2% | £315,673 |
| June 2022 | 2% | £316,246 |
| June 2021 | -3% | £309,943 |
| June 2020 | 1.2% | £319,546 |
| June 2019 | -1% | £315,757 |
| June 2018 | -2.6% | £319,101 |
| June 2017 | -0.9% | £327,713 |
| June 2016 | 7.9% | £330,798 |
| June 2015 | 9.3% | £306,603 |
| June 2014 | 24.8% | £280,388 |
| June 2013 | 5.8% | £224,634 |
| June 2012 | 4.1% | £212,301 |
| June 2011 | 1% | £203,987 |
| June 2010 | 7.4% | £201,906 |
| June 2009 | -11.3% | £187,949 |
| June 2008 | 4.2% | £211,857 |
| June 2007 | 0% | £203,275 |
Rental Market Trends
The current average rental value in the postcode is £1,779.
The SE16 2HP Rental Market has increased by 32.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,779pcm |
| June 2025 | 0.5% | £1,698pcm |
| June 2024 | 5.1% | £1,689pcm |
| June 2023 | 11.2% | £1,608pcm |
| June 2022 | 17.5% | £1,445pcm |
| June 2021 | -7.6% | £1,229pcm |
| June 2020 | -0.1% | £1,331pcm |
| June 2019 | 1.5% | £1,333pcm |
| June 2018 | -0.1% | £1,312pcm |
| June 2017 | -2.2% | £1,314pcm |
| June 2016 | 0.1% | £1,343pcm |
| June 2015 | 7.1% | £1,341pcm |
| June 2014 | 3.5% | £1,252pcm |
| June 2013 | -2% | £1,210pcm |
| June 2012 | 8% | £1,234pcm |
| June 2011 | 9.6% | £1,143pcm |
| June 2010 | 4.7% | £1,043pcm |
| June 2009 | -13.8% | £996pcm |
| June 2008 | 7.5% | £1,155pcm |
| June 2007 | 0% | £1,075pcm |
Sales History
The last sale was on 11th June 2025 for £416,500 and since then the market in the area has decreased by 5.2%. The postcode has had a total of 31 sales since 1995.
SE16 2HP has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£416,500 | 2 Bed Flat88, New Place Square, London, SE16 2HP88, New Place Square, London, SE16 2HP
- Sold May 2025£346,000 | 3 Bed Flat75, New Place Square, London, SE16 2HP75, New Place Square, London, SE16 2HP
- Sold May 2025£304,500 | 2 Bed Flat60, New Place Square, London, SE16 2HP60, New Place Square, London, SE16 2HP
- Sold Apr 2025£304,500 | 2 Bed Flat57, New Place Square, London, SE16 2HP57, New Place Square, London, SE16 2HP
- Sold Mar 2022£295,000 | 2 Bed Flat67, New Place Square, London, SE16 2HP67, New Place Square, London, SE16 2HP
Nearby Postcodes
SE16 2HP is the 814th largest and the 61st most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 2HR, New Place Square, London, SE16SE16 2HR44 Addresses|20 m away
- SE16 2HW, New Place Square, London, SE16SE16 2HW60 Addresses|29 m away
- SE16 2JP, Southwark Park Road, London, SE16SE16 2JP3 Addresses|63 m away
- SE16 4BX, Drummond Road, London, SE16SE16 4BX27 Addresses|79 m away
- SE16 4RT, Jamaica Road, London, SE16SE16 4RT45 Addresses|88 m away
Property Types
- 26 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 17 other addresses of unknown type
- mid-century flat (26)
- flat (1)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (26)
- G (0)
- D (0)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Jan 2021£1,433,000 | 3 Bed Flat54, New Place Square, London, SE16 2HW54, New Place Square, London, SE16 2HW
- Sold Nov 2024£450,000 | 3 Bed Flat3, New Place Square, London, SE16 2HW3, New Place Square, London, SE16 2HW
- Sold Jun 2025£416,500 | 2 Bed Flat88, New Place Square, London, SE16 2HP88, New Place Square, London, SE16 2HP
Schools Nearby
- Riverside Primary School300 m away
- Southwark Park Primary School400 m away
- St James' Church of England Primary School500 m away
- The Charter School Bermondsey200 m away
- St Michael's Catholic College500 m away
- Harris Academy Bermondsey800 m away
More reading links
Public Transport Nearby
The closest station to SE16 2HP is Bermondsey station, which is 200 metres away.
- Bermondsey|200 m away
- Rotherhithe|600 m away
- Canada Water|700 m away
- Wapping|700 m away
