Spa Road - SE16 3FL
Key Postcode Insights
SE16 3FL is a residential postcode situated on Spa Road, London, SE16 with 38 addresses.
It ranks as the 750th largest and 694th 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 38 properties: 38 flats.
- Ave. Sale Price
- £517,114
- 10 Year change
- down 12.0%
- Ave. Rental Price
- £2,435pcm
- 10 Year change
- up 34.1%
- Ave. £ per ft²
- £717/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
SE16 3FL is a residential postcode situated on Spa Road, London, SE16 with 38 addresses.
It ranks as the 750th largest and 694th 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 38 properties: 38 flats.
- Ave. Sale Price
- £517,114
- 10 Year change
- down 12.0%
- Ave. Rental Price
- £2,435pcm
- 10 Year change
- up 34.1%
- Ave. £ per ft²
- £717/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin SE16 3FL
- 126 Spa Road
3 Bed Modern Flat
- 128 Spa Road
3 Bed Modern Flat
- 130 Spa Road
Modern Building | 36 Units
Sales Market Trends
The last sale in SE16 3FL sold for £478,500 on 25th March 2025. Since then prices are down an average of 3.5%.
The current average value in the postcode is £517,114.
The SE16 3FL Sales Market has decreased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £517,114 |
| June 2025 | -2% | £533,986 |
| June 2024 | -2.1% | £544,909 |
| June 2023 | -0.9% | £556,595 |
| June 2022 | 1.8% | £561,583 |
| June 2021 | -3.6% | £551,450 |
| June 2020 | 0.7% | £572,253 |
| June 2019 | -0.7% | £568,000 |
| June 2018 | -2.4% | £572,041 |
| June 2017 | -0.3% | £585,857 |
| June 2016 | 6.3% | £587,655 |
| June 2015 | 6.7% | £552,790 |
| June 2014 | 22.6% | £518,303 |
| June 2013 | 8.1% | £422,860 |
| June 2012 | 5.4% | £391,287 |
| June 2011 | 3.2% | £371,409 |
| June 2010 | 8.5% | £359,818 |
| June 2009 | -9.2% | £331,773 |
| June 2008 | 2.8% | £365,553 |
| June 2007 | 0% | £355,499 |
Rental Market Trends
The current average rental value in the postcode is £2,435.
The SE16 3FL Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £2,435pcm |
| June 2025 | 0.5% | £2,329pcm |
| June 2024 | 3.7% | £2,318pcm |
| June 2023 | 11.5% | £2,234pcm |
| June 2022 | 19.3% | £2,004pcm |
| June 2021 | -8.6% | £1,680pcm |
| June 2020 | -1.3% | £1,838pcm |
| June 2019 | 2.4% | £1,862pcm |
| June 2018 | 1.3% | £1,818pcm |
| June 2017 | -1.2% | £1,795pcm |
| June 2016 | -0.8% | £1,816pcm |
| June 2015 | 4.9% | £1,831pcm |
| June 2014 | 1.4% | £1,746pcm |
| June 2013 | -2.5% | £1,723pcm |
| June 2012 | 8.8% | £1,767pcm |
| June 2011 | 9.7% | £1,624pcm |
| June 2010 | 5.7% | £1,481pcm |
| June 2009 | -12.7% | £1,401pcm |
| June 2008 | 8.8% | £1,605pcm |
| June 2007 | 0% | £1,476pcm |
Sales History
The last sale was on 25th March 2025 for £478,500 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 50 sales since 1995.
SE16 3FL has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£478,500 | 2 Bed FlatFlat 23, 130, Spa Road, London, SE16 3FLFlat 23, 130, Spa Road, London, SE16 3FL
- Sold Nov 2024£620,000 | 2 Bed FlatFlat 34, 130, Spa Road, London, SE16 3FLFlat 34, 130, Spa Road, London, SE16 3FL
- Sold Nov 2024£875,000 | 3 Bed FlatFlat 27, 130, Spa Road, London, SE16 3FLFlat 27, 130, Spa Road, London, SE16 3FL
- Sold Mar 2024£415,000 | 2 Bed FlatFlat 30, 130, Spa Road, London, SE16 3FLFlat 30, 130, Spa Road, London, SE16 3FL
- Sold Sep 2021£478,000 | 2 Bed FlatFlat 29, 130, Spa Road, London, SE16 3FLFlat 29, 130, Spa Road, London, SE16 3FL
Nearby Postcodes
SE16 3FL is the 750th largest and the 694th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3FD, Spa Road, London, SE16SE16 3FD42 Addresses|42 m away
- SE16 3AE, Spa Road, London, SE16SE16 3AE54 Addresses|46 m away
- SE16 3FG, Spa Road, London, SE16SE16 3FG34 Addresses|62 m away
- SE16 3FJ, Dockley Road, London, SE16SE16 3FJ2 Addresses|65 m away
- SE16 3EX, Enid Street, London, SE16SE16 3EX58 Addresses|74 m away
Property Types
- 38 modern flats built after 1980
- modern flat (38)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 38 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (35)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
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 School300 m away
- St Joseph's Catholic Primary School400 m away
- Boutcher Church of England Primary School500 m away
- Harris Academy Bermondsey300 m away
- St Michael's Catholic College500 m away
- The Charter School Bermondsey500 m away
More reading links
Public Transport Nearby
The closest station to SE16 3FL is Bermondsey station, which is 500 metres away.
- Bermondsey|500 m away
- Rotherhithe|1.3 km away
- Wapping|1.3 km away