Plough Way - SE16 2LS
Key Postcode Insights
SE16 2LS is a residential postcode situated on Plough Way, London, SE16 with 62 addresses.
It ranks as the 841st largest and 404th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 62 properties: 18 houses, 28 flats and 16 other properties.
- Ave. Sale Price
- £486,881
- 10 Year change
- down 5.6%
- Ave. Rental Price
- £2,727pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £630/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
SE16 2LS is a residential postcode situated on Plough Way, London, SE16 with 62 addresses.
It ranks as the 841st largest and 404th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 62 properties: 18 houses, 28 flats and 16 other properties.
- Ave. Sale Price
- £486,881
- 10 Year change
- down 5.6%
- Ave. Rental Price
- £2,727pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £630/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin SE16 2LS
- 1 Plough Way
Modern Building | 16 Units
- 3 Plough Way
Building  |  3 Flats
- 7 Plough Way
Building  |  3 Flats
- 9 Plough Way
Building  |  3 Flats
- 19 Plough Way
Building  |  2 Flats
Sales Market Trends
The last sale in SE16 2LS sold for £600,000 on 11th December 2025. Since then prices are down an average of 3.3%.
The current average value in the postcode is £486,881.
The SE16 2LS Sales Market has decreased by 5.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £486,881 |
| June 2025 | -0.6% | £506,353 |
| June 2024 | -1.3% | £509,350 |
| June 2023 | 0.1% | £515,837 |
| June 2022 | 2.7% | £515,124 |
| June 2021 | -1.4% | £501,440 |
| June 2020 | 2% | £508,775 |
| June 2019 | -0.8% | £499,033 |
| June 2018 | -2% | £502,920 |
| June 2017 | -0.5% | £513,218 |
| June 2016 | 7.9% | £515,868 |
| June 2015 | 9.1% | £477,904 |
| June 2014 | 24.7% | £438,220 |
| June 2013 | 6.1% | £351,559 |
| June 2012 | 4.1% | £331,394 |
| June 2011 | 1.7% | £318,359 |
| June 2010 | 8.7% | £313,027 |
| June 2009 | -11.4% | £287,894 |
| June 2008 | 4% | £324,976 |
| June 2007 | 0% | £312,327 |
Rental Market Trends
The current average rental value in the postcode is £2,727.
The SE16 2LS Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £2,727pcm |
| June 2025 | 1.2% | £2,608pcm |
| June 2024 | 4.7% | £2,576pcm |
| June 2023 | 11.8% | £2,460pcm |
| June 2022 | 17.8% | £2,200pcm |
| June 2021 | -6% | £1,867pcm |
| June 2020 | 0.7% | £1,987pcm |
| June 2019 | 1.7% | £1,973pcm |
| June 2018 | 0.3% | £1,939pcm |
| June 2017 | -1.9% | £1,933pcm |
| June 2016 | -0.1% | £1,970pcm |
| June 2015 | 6.6% | £1,972pcm |
| June 2014 | 3.5% | £1,850pcm |
| June 2013 | -1% | £1,788pcm |
| June 2012 | 8.2% | £1,807pcm |
| June 2011 | 10.6% | £1,670pcm |
| June 2010 | 6.2% | £1,510pcm |
| June 2009 | -13.2% | £1,422pcm |
| June 2008 | 6.6% | £1,638pcm |
| June 2007 | 0% | £1,537pcm |
Sales History
The last sale was on 11th December 2025 for £600,000 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 53 sales since 1995.
SE16 2LS has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£600,000 | 2 Bed Flat7, Plough Way, London, SE16 2LS7, Plough Way, London, SE16 2LS
- Sold Jul 2025£715,000 | 3 Bed House51, Plough Way, London, SE16 2LS51, Plough Way, London, SE16 2LS
- Sold May 2025£320,000 | 2 Bed Flat37B , Plough Way, London, SE16 2LS37B , Plough Way, London, SE16 2LS
- Sold Sep 2024£626,000 | 3 Bed House43, Plough Way, London, SE16 2LS43, Plough Way, London, SE16 2LS
- Sold Aug 2024£770,000 | 1 Bed Flat9, Plough Way, London, SE16 2LS9, Plough Way, London, SE16 2LS
Nearby Postcodes
SE16 2LS is the 841st largest and the 404th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 2LN, Trident Street, London, SE16SE16 2LN1 Addresses|17 m away
- SE16 2LU, Plough Way, London, SE16SE16 2LU20 Addresses|41 m away
- SE16 2LX, Plough Way, London, SE16SE16 2LX14 Addresses|43 m away
- SE16 2EU, Plough Way, London, SE16SE16 2EU2 Addresses|61 m away
- SE16 7RJ, Mayflower Close, London, SE16SE16 7RJ8 Addresses|82 m away
Property Types
- 14 period houses built between 1800 and 1911
- 19 period flats built between 1800 and 1911
- 2 modern houses built after 1980
- 26 modern flats built after 1980
- 1 other address of unknown type
- period house (14)
- period flat (19)
- modern house (2)
- modern flat (26)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (1)
- F (1)
- C (14)
- G (0)
- D (17)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jul 2022£1,000,000 | 5 Bed House203, Plough Way, London, SE16 7FN203, Plough Way, London, SE16 7FN
- Sold Mar 2026£875,000 | 4 Bed House159, Plough Way, London, SE16 7FN159, Plough Way, London, SE16 7FN
- Sold Jan 2022£775,000 | 4 Bed House197, Plough Way, London, SE16 7FN197, Plough Way, London, SE16 7FN
Schools Nearby
- Rotherhithe Primary School400 m away
- Deptford Park Primary School600 m away
- St Joseph's Catholic Primary School700 m away
- Bacon's College1.1 km away
- The Charter School Bermondsey1.4 km away
- City of London Academy (Southwark)1.6 km away
More reading links
Public Transport Nearby
The closest station to SE16 2LS is Surrey Quays station, which is 300 metres away.
- Surrey Quays|300 m away
- Canada Water|800 m away
