Southwark Park Road - SE16 3RS
Key Postcode Insights
SE16 3RS is a residential postcode situated on Southwark Park Road, London, SE16 with 20 addresses.
It ranks as the 476th largest and 961st most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 18 houses and 2 flats.
- Ave. Sale Price
- £757,768
- 10 Year change
- down 2.0%
- Ave. Rental Price
- £4,131pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £594/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
SE16 3RS is a residential postcode situated on Southwark Park Road, London, SE16 with 20 addresses.
It ranks as the 476th largest and 961st most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 18 houses and 2 flats.
- Ave. Sale Price
- £757,768
- 10 Year change
- down 2.0%
- Ave. Rental Price
- £4,131pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £594/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin SE16 3RS
- 52A Southwark Park Road
Unknown
- 54 Southwark Park Road
Building  |  2 Flats
- 56 Southwark Park Road
4 Bed Period House
- 58 Southwark Park Road
4 Bed Period House
- 60 Southwark Park Road
Unknown
Sales Market Trends
The last sale in SE16 3RS sold for £650,000 on 6th November 2024. Since then prices are down an average of 4.2%.
The current average value in the postcode is £757,768.
The SE16 3RS Sales Market has decreased by 2.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £757,768 |
| June 2025 | -0.2% | £785,786 |
| June 2024 | -1.4% | £787,017 |
| June 2023 | 0.3% | £798,408 |
| June 2022 | 3.7% | £796,083 |
| June 2021 | -0.6% | £767,574 |
| June 2020 | 2.7% | £772,178 |
| June 2019 | -0.9% | £751,572 |
| June 2018 | -1.8% | £758,116 |
| June 2017 | -0.2% | £772,058 |
| June 2016 | 7.9% | £773,266 |
| June 2015 | 7.6% | £716,835 |
| June 2014 | 24.2% | £666,017 |
| June 2013 | 9.2% | £536,142 |
| June 2012 | 4.8% | £490,816 |
| June 2011 | 3.5% | £468,385 |
| June 2010 | 11.4% | £452,345 |
| June 2009 | -9.7% | £405,888 |
| June 2008 | 2.2% | £449,280 |
| June 2007 | 0% | £439,818 |
Rental Market Trends
The current average rental value in the postcode is £4,131.
The SE16 3RS Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £4,131pcm |
| June 2025 | 1.8% | £3,969pcm |
| June 2024 | 4.5% | £3,899pcm |
| June 2023 | 12.7% | £3,731pcm |
| June 2022 | 19.6% | £3,310pcm |
| June 2021 | -5.3% | £2,768pcm |
| June 2020 | 0.9% | £2,924pcm |
| June 2019 | 2.1% | £2,899pcm |
| June 2018 | 1.7% | £2,841pcm |
| June 2017 | -1.7% | £2,794pcm |
| June 2016 | 0.7% | £2,841pcm |
| June 2015 | 5.5% | £2,822pcm |
| June 2014 | 3% | £2,675pcm |
| June 2013 | -0.1% | £2,598pcm |
| June 2012 | 9% | £2,601pcm |
| June 2011 | 10.2% | £2,386pcm |
| June 2010 | 7.5% | £2,166pcm |
| June 2009 | -10.4% | £2,014pcm |
| June 2008 | 7.2% | £2,247pcm |
| June 2007 | 0% | £2,096pcm |
Sales History
The last sale was on 6th November 2024 for £650,000 and since then the market in the area has decreased by 4.2%. The postcode has had a total of 18 sales since 1995.
SE16 3RS has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£650,000 | 4 Bed House90, Southwark Park Road, London, SE16 3RS90, Southwark Park Road, London, SE16 3RS
- Sold Apr 2024£875,000 | 4 Bed House58, Southwark Park Road, London, SE16 3RS58, Southwark Park Road, London, SE16 3RS
- Sold Apr 2024£1,112,500 | 4 Bed House56, Southwark Park Road, London, SE16 3RS56, Southwark Park Road, London, SE16 3RS
- Sold Mar 2024£865,000 | 4 Bed House88, Southwark Park Road, London, SE16 3RS88, Southwark Park Road, London, SE16 3RS
- Sold Oct 2023£715,000 | 4 Bed House62, Southwark Park Road, London, SE16 3RS62, Southwark Park Road, London, SE16 3RS
Nearby Postcodes
SE16 3RS is the 476th largest and the 961st most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3TY, Southwark Park Road, London, SE16SE16 3TY15 Addresses|45 m away
- SE16 3RD, Southwark Park Road, London, SE16SE16 3RD57 Addresses|108 m away
- SE16 3SS, Yalding Road, London, SE16SE16 3SS30 Addresses|108 m away
- SE16 3UP, Woolstaplers Way, London, SE16SE16 3UP40 Addresses|130 m away
- SE16 3RT, Southwark Park Road, London, SE16SE16 3RT54 Addresses|150 m away
Property Types
- 8 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 11 other addresses of unknown type
- period house (8)
- mid-century house (1)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Aug 2021£3,000,000 | 2 Bed FlatFlat 1, 440, Southwark Park Road, London, SE16 2EWFlat 1, 440, Southwark Park Road, London, SE16 2EW
- Sold Dec 2017£1,800,000 | 1 Bed Flat196, Southwark Park Road, London, SE16 3RP196, Southwark Park Road, London, SE16 3RP
- Sold Apr 2024£1,112,500 | 4 Bed House56, Southwark Park Road, London, SE16 3RS56, Southwark Park Road, London, SE16 3RS
Schools Nearby
- Boutcher Church of England Primary School400 m away
- St James' Church of England Primary School600 m away
- Phoenix Primary School700 m away
- Harris Academy Bermondsey100 m away
- City of London Academy (Southwark)500 m away
- The Charter School Bermondsey700 m away
More reading links
Public Transport Nearby
The closest station to SE16 3RS is Bermondsey station, which is 800 metres away.
- Bermondsey|800 m away
- South Bermondsey|1.2 km away
- Rotherhithe|1.5 km away
- Canada Water|1.5 km away