Spa Road - SE16 3AE
Key Postcode Insights
SE16 3AE is a residential postcode situated on Spa Road, London, SE16 with 54 addresses.
It ranks as the 905th largest and 873rd 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 54 properties: 1 house and 53 flats.
- Ave. Sale Price
- £649,156
- 10 Year change
- down 8.5%
- Ave. Rental Price
- £3,029pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £807/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
SE16 3AE is a residential postcode situated on Spa Road, London, SE16 with 54 addresses.
It ranks as the 905th largest and 873rd 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 54 properties: 1 house and 53 flats.
- Ave. Sale Price
- £649,156
- 10 Year change
- down 8.5%
- Ave. Rental Price
- £3,029pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £807/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin SE16 3AE
- 132 Spa Road
Unknown
- 134 Spa Road
Modern Building | 29 Units
- 138 Spa Road
Modern Building | 24 Units
Sales Market Trends
The last sale in SE16 3AE sold for £645,000 on 28th March 2025. Since then prices are down an average of 3.4%.
The current average value in the postcode is £649,156.
The SE16 3AE Sales Market has decreased by 8.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £649,156 |
| June 2025 | -1.1% | £669,519 |
| June 2024 | -1.7% | £676,869 |
| June 2023 | -0.4% | £688,406 |
| June 2022 | 2.8% | £691,067 |
| June 2021 | -2.2% | £672,535 |
| June 2020 | 1.1% | £687,749 |
| June 2019 | -1.1% | £679,980 |
| June 2018 | -2.4% | £687,600 |
| June 2017 | -0.7% | £704,577 |
| June 2016 | 7.2% | £709,541 |
| June 2015 | 7.4% | £661,627 |
| June 2014 | 23.8% | £616,085 |
| June 2013 | 8.7% | £497,832 |
| June 2012 | 5.2% | £457,840 |
| June 2011 | 2.9% | £435,124 |
| June 2010 | 9.7% | £422,678 |
| June 2009 | -9% | £385,344 |
| June 2008 | 2.4% | £423,475 |
| June 2007 | 0% | £413,699 |
Rental Market Trends
The current average rental value in the postcode is £3,029.
The SE16 3AE Rental Market has increased by 39.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £3,029pcm |
| June 2025 | 1.4% | £2,894pcm |
| June 2024 | 4.2% | £2,853pcm |
| June 2023 | 12.1% | £2,738pcm |
| June 2022 | 20.3% | £2,444pcm |
| June 2021 | -7.2% | £2,031pcm |
| June 2020 | -0.9% | £2,188pcm |
| June 2019 | 2% | £2,209pcm |
| June 2018 | 1.3% | £2,166pcm |
| June 2017 | -1.5% | £2,139pcm |
| June 2016 | 0% | £2,172pcm |
| June 2015 | 5.6% | £2,171pcm |
| June 2014 | 2.3% | £2,056pcm |
| June 2013 | -1.9% | £2,010pcm |
| June 2012 | 8.7% | £2,049pcm |
| June 2011 | 9.4% | £1,886pcm |
| June 2010 | 6.9% | £1,724pcm |
| June 2009 | -12.5% | £1,613pcm |
| June 2008 | 8.3% | £1,843pcm |
| June 2007 | 0% | £1,702pcm |
Sales History
The last sale was on 28th March 2025 for £645,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 30 sales since 1995.
SE16 3AE has seen 10 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£645,000 | 3 Bed FlatApartment B404, 134, Spa Road, London, SE16 3AEApartment B404, 134, Spa Road, London, SE16 3AE
- Sold Dec 2023£675,000 | 2 Bed FlatApartment B401, 134, Spa Road, London, SE16 3AEApartment B401, 134, Spa Road, London, SE16 3AE
- Sold Nov 2023£680,000 | 3 Bed FlatApartment B303, 134, Spa Road, London, SE16 3AEApartment B303, 134, Spa Road, London, SE16 3AE
- Sold Oct 2023£790,000 | 3 Bed FlatApartment B502, 134, Spa Road, London, SE16 3AEApartment B502, 134, Spa Road, London, SE16 3AE
- Sold Oct 2023£662,500 | 2 Bed FlatApartment B301, 134, Spa Road, London, SE16 3AEApartment B301, 134, Spa Road, London, SE16 3AE
Nearby Postcodes
SE16 3AE is the 905th largest and the 873rd most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3FJ, Dockley Road, London, SE16SE16 3FJ2 Addresses|28 m away
- SE16 3FL, Spa Road, London, SE16SE16 3FL38 Addresses|46 m away
- SE16 3AF, Dockley Road, London, SE16SE16 3AF65 Addresses|60 m away
- SE16 4RP, Voyager Business Estate, London, SE16SE16 4RP5 Addresses|73 m away
- SE16 3SN, Rouel Road, London, SE16SE16 3SN38 Addresses|75 m away
Property Types
- 53 modern flats built after 1980
- 1 other address of unknown type
- modern flat (53)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 47 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (47)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2022£63,610,000 | 2 Bed Flat179, View Studios 11-13, Spa Road, London, SE16 3FX179, View Studios 11-13, Spa Road, London, SE16 3FX
- Sold Dec 2016£4,885,730 | 3 Bed FlatApartment B702, 134, Spa Road, London, SE16 3AEApartment B702, 134, Spa Road, London, SE16 3AE
- Sold Aug 2014£1,300,000 | 3 Bed Flat37, Old Town Hall Apartments 19, Spa Road, London, SE16 3SA37, Old Town Hall Apartments 19, Spa Road, London, SE16 3SA
Schools Nearby
- St James' Church of England Primary School200 m away
- St Joseph's Catholic Primary School400 m away
- Riverside Primary School500 m away
- Harris Academy Bermondsey300 m away
- St Michael's Catholic College400 m away
- The Charter School Bermondsey500 m away
More reading links
Public Transport Nearby
The closest station to SE16 3AE is Bermondsey station, which is 500 metres away.
- Bermondsey|500 m away
- Rotherhithe|1.2 km away
- Wapping|1.3 km away
- Canada Water|1.3 km away