Spa Road - SE16 3QT
Key Postcode Insights
SE16 3QT is a residential postcode situated on Spa Road, London, SE16 with 59 addresses.
It ranks as the 932nd largest and 506th 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 59 properties: 59 flats.
- Ave. Sale Price
- £448,053
- 10 Year change
- down 12.0%
- Ave. Rental Price
- £2,413pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £650/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
SE16 3QT is a residential postcode situated on Spa Road, London, SE16 with 59 addresses.
It ranks as the 932nd largest and 506th 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 59 properties: 59 flats.
- Ave. Sale Price
- £448,053
- 10 Year change
- down 12.0%
- Ave. Rental Price
- £2,413pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £650/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin SE16 3QT
- Albert Mckenzie House
Modern Building | 24 Units
- Hermitage House
Modern Building | 9 Units
- Pullman Building
Modern Building | 24 Units
- 78A Spa Road
2 Bed Modern Flat
- 92 Spa Road
Flat
Sales Market Trends
The last sale in SE16 3QT sold for £465,000 on 28th April 2026. Since then prices are up an average of 0.1%.
The current average value in the postcode is £448,053.
The SE16 3QT Sales Market has decreased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £448,053 |
| June 2025 | -2.1% | £462,067 |
| June 2024 | -2.1% | £471,954 |
| June 2023 | -1.1% | £482,320 |
| June 2022 | 1.9% | £487,787 |
| June 2021 | -3.5% | £478,879 |
| June 2020 | 0.9% | £496,251 |
| June 2019 | -0.7% | £491,771 |
| June 2018 | -2.5% | £495,314 |
| June 2017 | -0.2% | £507,843 |
| June 2016 | 6.3% | £508,886 |
| June 2015 | 6.3% | £478,520 |
| June 2014 | 22.1% | £450,012 |
| June 2013 | 8.7% | £368,707 |
| June 2012 | 5.6% | £339,129 |
| June 2011 | 3.8% | £321,268 |
| June 2010 | 8.9% | £309,534 |
| June 2009 | -9% | £284,128 |
| June 2008 | 2.3% | £312,098 |
| June 2007 | 0% | £305,001 |
Rental Market Trends
The current average rental value in the postcode is £2,413.
The SE16 3QT Rental Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £2,413pcm |
| June 2025 | 0.5% | £2,310pcm |
| June 2024 | 3.5% | £2,299pcm |
| June 2023 | 11.6% | £2,221pcm |
| June 2022 | 19.5% | £1,990pcm |
| June 2021 | -8.4% | £1,665pcm |
| June 2020 | -1.4% | £1,819pcm |
| June 2019 | 2.5% | £1,844pcm |
| June 2018 | 1.6% | £1,799pcm |
| June 2017 | -1% | £1,772pcm |
| June 2016 | -0.7% | £1,790pcm |
| June 2015 | 4.6% | £1,802pcm |
| June 2014 | 0.8% | £1,722pcm |
| June 2013 | -2.5% | £1,708pcm |
| June 2012 | 9% | £1,751pcm |
| June 2011 | 9.5% | £1,606pcm |
| June 2010 | 6% | £1,467pcm |
| June 2009 | -12.2% | £1,384pcm |
| June 2008 | 9% | £1,576pcm |
| June 2007 | 0% | £1,447pcm |
Sales History
The last sale was on 28th April 2026 for £465,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 35 sales since 1995.
SE16 3QT has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Apr 2026£465,000 | 2 Bed FlatFlat 10, Pullman Building 88, Spa Road, London, SE16 3QTFlat 10, Pullman Building 88, Spa Road, London, SE16 3QT
- Sold Dec 2025£510,000 | 3 Bed FlatFlat 12, Pullman Building 88, Spa Road, London, SE16 3QTFlat 12, Pullman Building 88, Spa Road, London, SE16 3QT
- Sold Aug 2023£550,000 | 2 Bed FlatFlat 19, Pullman Building 88, Spa Road, London, SE16 3QTFlat 19, Pullman Building 88, Spa Road, London, SE16 3QT
- Sold Aug 2023£580,000 | 2 Bed FlatFlat 21, Pullman Building 88, Spa Road, London, SE16 3QTFlat 21, Pullman Building 88, Spa Road, London, SE16 3QT
- Sold Aug 2022£555,000 | 2 Bed FlatFlat 24, Pullman Building 88, Spa Road, London, SE16 3QTFlat 24, Pullman Building 88, Spa Road, London, SE16 3QT
Nearby Postcodes
SE16 3QT is the 932nd largest and the 506th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3FQ, Old Abbey Lane, London, SE16SE16 3FQ3 Addresses|23 m away
- SE16 3QD, Neckinger Estate, London, SE16SE16 3QD19 Addresses|55 m away
- SE16 3SA, Spa Road, London, SE16SE16 3SA42 Addresses|73 m away
- SE16 3QB, Neckinger Estate, London, SE16SE16 3QB40 Addresses|74 m away
- SE16 3QE, Neckinger Estate, London, SE16SE16 3QE45 Addresses|83 m away
Property Types
- 58 modern flats built after 1980
- 1 other address of unknown type
- modern flat (58)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 58 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (47)
- F (0)
- C (11)
- G (0)
- D (0)
- No EPC (1)
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
- Boutcher Church of England Primary School300 m away
- St James' Church of England Primary School400 m away
- St Joseph's Catholic Primary School500 m away
- Harris Academy Bermondsey300 m away
- St Michael's Catholic College600 m away
- The Charter School Bermondsey700 m away
More reading links
Public Transport Nearby
The closest station to SE16 3QT is Bermondsey station, which is 700 metres away.
- Bermondsey|700 m away
- London Bridge|1.4 km away
- Wapping|1.4 km away
- Rotherhithe|1.4 km away
