SE16 2LTHouse Prices / London, Southwark, Plough Way
Key Postcode Insights
SE16 2LT is a residential postcode situated on Plough Way, London, SE16 with 38 addresses.
It ranks as the 748th largest and 125th most expensive of the 1,012 postcodes in the SE16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 38 properties: 38 flats.
- Flats
Key Postcode Insights
SE16 2LT is a residential postcode situated on Plough Way, London, SE16 with 38 addresses.
It ranks as the 748th largest and 125th most expensive of the 1,012 postcodes in the SE16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 38 properties: 38 flats.
- Flats
House Pricesin SE16 2LT
Sale prices range from £243,942 for 1 bedroom leasehold flats with a garden (464 ft2) to £392,155 for 3 bedroom leasehold flats (1,044 ft2) .
Monthly rental prices range from £1,439 pcm for 1 bed flats to £2,216 pcm for 3 bed flats.
The gross rental yield is between 6.8% and 7.2%.
The average value per square foot is £451.
Sales Market Trendsin SE16 2LT
The last sale in SE16 2LT sold for £410,000 on 28th March 2025. Since then prices are down an average of 4.7%.
The current average value in the postcode is £315,914.
The SE16 2LT Sales Market has decreased by 8.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.2% | £315,914 |
| May 2025 | -0.7% | £329,696 |
| May 2024 | -1.3% | £331,921 |
| May 2023 | 0.7% | £336,239 |
| May 2022 | 1.1% | £334,048 |
| May 2021 | -2.1% | £330,280 |
| May 2020 | 1.8% | £337,416 |
| May 2019 | -1.4% | £331,403 |
| May 2018 | -1.5% | £336,181 |
| May 2017 | -0.9% | £341,330 |
| May 2016 | 9% | £344,289 |
| May 2015 | 11.5% | £315,910 |
| May 2014 | 23.6% | £283,318 |
| May 2013 | 5.2% | £229,206 |
| May 2012 | 3.5% | £217,844 |
| May 2011 | 0.5% | £210,502 |
| May 2010 | 7.3% | £209,415 |
| May 2009 | -13.2% | £195,199 |
| May 2008 | 7.4% | £224,911 |
| May 2007 | 0% | £209,504 |
Rental Market Trendsin SE16 2LT
The current average rental value in the postcode is £1,856.
The SE16 2LT Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.7% | £1,856pcm |
| May 2025 | 0.8% | £1,756pcm |
| May 2024 | 5.4% | £1,743pcm |
| May 2023 | 12.3% | £1,654pcm |
| May 2022 | 16.3% | £1,473pcm |
| May 2021 | -8.1% | £1,266pcm |
| May 2020 | 1.6% | £1,378pcm |
| May 2019 | 1.4% | £1,357pcm |
| May 2018 | 0.1% | £1,338pcm |
| May 2017 | -2.7% | £1,337pcm |
| May 2016 | 1% | £1,374pcm |
| May 2015 | 8.2% | £1,360pcm |
| May 2014 | 3% | £1,257pcm |
| May 2013 | -1.5% | £1,221pcm |
| May 2012 | 8.5% | £1,239pcm |
| May 2011 | 9.2% | £1,142pcm |
| May 2010 | 3.3% | £1,046pcm |
| May 2009 | -13.8% | £1,012pcm |
| May 2008 | 8.6% | £1,174pcm |
| May 2007 | 0% | £1,081pcm |
Explore Propertiesin SE16 2LT, Plough Way, London, SE16
- 50, Plough Way, London, SE16 2LT
- 52, Plough Way, London, SE16 2LT3 bed mid-century flat
- 54, Plough Way, London, SE16 2LT
- 56, Plough Way, London, SE16 2LT
- 58, Plough Way, London, SE16 2LT
- 60, Plough Way, London, SE16 2LT3 bed mid-century flat
- 62, Plough Way, London, SE16 2LT2 bed mid-century flat
- 64, Plough Way, London, SE16 2LT3 bed mid-century flat
- 66, Plough Way, London, SE16 2LT3 bed mid-century flat
- 68, Plough Way, London, SE16 2LT3 bed mid-century flat
- 70, Plough Way, London, SE16 2LT2 bed flat
- 72, Plough Way, London, SE16 2LT3 bed mid-century flat
- 74, Plough Way, London, SE16 2LT
- 76, Plough Way, London, SE16 2LT3 bed modern flat
- 78, Plough Way, London, SE16 2LT3 bed mid-century flat
- 80, Plough Way, London, SE16 2LT3 bed mid-century flat
- 82, Plough Way, London, SE16 2LT3 bed mid-century flat
- 84, Plough Way, London, SE16 2LT
- 86, Plough Way, London, SE16 2LT1 bed early-century flat
- 88, Plough Way, London, SE16 2LT2 bed mid-century flat
- 90, Plough Way, London, SE16 2LT
- 92, Plough Way, London, SE16 2LT2 bed early-century flat
- 94, Plough Way, London, SE16 2LT
- 96, Plough Way, London, SE16 2LT2 bed mid-century flat
- 98, Plough Way, London, SE16 2LT
- 100, Plough Way, London, SE16 2LT2 bed mid-century flat
- 102, Plough Way, London, SE16 2LT2 bed mid-century flat
- 104, Plough Way, London, SE16 2LT
- 106, Plough Way, London, SE16 2LT
- 108, Plough Way, London, SE16 2LT
- 110, Plough Way, London, SE16 2LT2 bed mid-century flat
- 112, Plough Way, London, SE16 2LT
- 114, Plough Way, London, SE16 2LT2 bed early-century flat
- 116, Plough Way, London, SE16 2LT2 bed period flat
- 118, Plough Way, London, SE16 2LT
- 120, Plough Way, London, SE16 2LT2 bed mid-century flat
- 122, Plough Way, London, SE16 2LT2 bed mid-century flat
- 124, Plough Way, London, SE16 2LT
Sales Historyin SE16 2LT
The last sale was on 28th March 2025 for £410,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 28 sales since 1995.
SE16 2LT has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodesto SE16 2LT
SE16 2LT is the 748th largest and the 125th most expensive postcode out of the 1,012 postcodes in the SE16 area.
- 52 mSE16 7AF, Plough Way, London, SE16SE16 7AF11 Addresses
- 52 mSE16 7AE, Plough Way, London, SE16SE16 7AE10 Addresses
- 74 mSE16 7TU, Rope Street, London, SE16SE16 7TU14 Addresses
- 82 mSE16 7AB, Plough Way, London, SE16SE16 7AB68 Addresses
- 88 mSE16 7RP, Hornblower Close, London, SE16SE16 7RP6 Addresses
- 93 mSE16 7AD, Plough Way, London, SE16SE16 7AD15 Addresses
Property Typesin SE16 2LT
- 1 period flat built between 1800 and 1911
- 1 modern flat built after 1980
- 17 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 3 early-century flats built between 1912 and 1935
- 15 other addresses of unknown type
- period flat (1)
- modern flat (1)
- mid-century flat (17)
- flat (1)
- early-century flat (3)
- Unknown (15)
Energy Efficiencyof properties in SE16 2LT
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The dominant rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (14)
- G (0)
- D (6)
- No EPC (16)
Schools Nearby
- 500mDeptford Park Primary School
- 600mRotherhithe Primary School
- 700mTwin Oaks Primary School
- 1.1kmBacon's College
- 1.6kmThe Charter School Bermondsey
- 1.6kmDeptford Green School
More reading links
Public Transport Nearby
The closest station to SE16 2LT is Surrey Quays station, which is 500 metres away.
- 500mSurrey Quays
- 900mCanada Water
