Southwark Park Road - SE16 3RT
Key Postcode Insights
SE16 3RT is a residential postcode situated on Southwark Park Road, London, SE16 with 54 addresses.
It ranks as the 907th largest and 126th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 54 properties: 4 houses and 50 flats.
- Ave. Sale Price
- £356,929
- 10 Year change
- down 8.6%
- Ave. Rental Price
- £2,121pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £592/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
SE16 3RT is a residential postcode situated on Southwark Park Road, London, SE16 with 54 addresses.
It ranks as the 907th largest and 126th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 54 properties: 4 houses and 50 flats.
- Ave. Sale Price
- £356,929
- 10 Year change
- down 8.6%
- Ave. Rental Price
- £2,121pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £592/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin SE16 3RT
- 2 Southwark Park Road
4 Bed Mid-century House
- 4 Southwark Park Road
Unknown
- 6 Southwark Park Road
Unknown
- 8 Southwark Park Road
4 Bed Modern House
- 10 Southwark Park Road
Building  |  2 Flats
Sales Market Trends
The last sale in SE16 3RT sold for £400,000 on 31st March 2025. Since then prices are down an average of 5.3%.
The current average value in the postcode is £356,929.
The SE16 3RT Sales Market has decreased by 8.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £356,929 |
| June 2025 | -1.3% | £367,324 |
| June 2024 | -1.4% | £372,317 |
| June 2023 | -0.4% | £377,536 |
| June 2022 | 2.4% | £379,214 |
| June 2021 | -2.3% | £370,342 |
| June 2020 | 1.6% | £378,966 |
| June 2019 | -1.2% | £373,133 |
| June 2018 | -2.7% | £377,493 |
| June 2017 | -0.6% | £388,002 |
| June 2016 | 7.6% | £390,363 |
| June 2015 | 7.9% | £362,697 |
| June 2014 | 23.7% | £336,114 |
| June 2013 | 9.1% | £271,643 |
| June 2012 | 4.9% | £249,030 |
| June 2011 | 3.4% | £237,292 |
| June 2010 | 9.7% | £229,513 |
| June 2009 | -9.2% | £209,125 |
| June 2008 | 1.6% | £230,377 |
| June 2007 | 0% | £226,749 |
Rental Market Trends
The current average rental value in the postcode is £2,121.
The SE16 3RT Rental Market has increased by 39.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £2,121pcm |
| June 2025 | 1.1% | £2,028pcm |
| June 2024 | 4.3% | £2,006pcm |
| June 2023 | 12.2% | £1,922pcm |
| June 2022 | 20.2% | £1,713pcm |
| June 2021 | -7.2% | £1,425pcm |
| June 2020 | -0.9% | £1,535pcm |
| June 2019 | 1.8% | £1,549pcm |
| June 2018 | 1.5% | £1,522pcm |
| June 2017 | -1.5% | £1,499pcm |
| June 2016 | 0.5% | £1,521pcm |
| June 2015 | 6.2% | £1,513pcm |
| June 2014 | 2.1% | £1,425pcm |
| June 2013 | -2.1% | £1,396pcm |
| June 2012 | 9% | £1,426pcm |
| June 2011 | 8.6% | £1,308pcm |
| June 2010 | 6.3% | £1,204pcm |
| June 2009 | -11.5% | £1,133pcm |
| June 2008 | 8.5% | £1,279pcm |
| June 2007 | 0% | £1,179pcm |
Sales History
The last sale was on 31st March 2025 for £400,000 and since then the market in the area has decreased by 5.3%. The postcode has had a total of 23 sales since 1995.
SE16 3RT has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£400,000 | 3 Bed Flat16, Southwark Park Road, London, SE16 3RT16, Southwark Park Road, London, SE16 3RT
- Sold Feb 2024£640,500 | 4 Bed House2, Southwark Park Road, London, SE16 3RT2, Southwark Park Road, London, SE16 3RT
- Sold Jul 2023£325,000 | 2 Bed Flat14A, Southwark Park Road, London, SE16 3RT14A, Southwark Park Road, London, SE16 3RT
- Sold Mar 2023£490,000 | 3 Bed Flat48, Southwark Park Road, London, SE16 3RT48, Southwark Park Road, London, SE16 3RT
- Sold May 2022£325,000 | 2 Bed Flat14B, Southwark Park Road, London, SE16 3RT14B, Southwark Park Road, London, SE16 3RT
Nearby Postcodes
SE16 3RT is the 907th largest and the 126th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3RS, Southwark Park Road, London, SE16SE16 3RS20 Addresses|150 m away
- SE16 3TY, Southwark Park Road, London, SE16SE16 3TY15 Addresses|182 m away
- SE16 3XA, Cadbury Way, London, SE16SE16 3XA36 Addresses|192 m away
- SE16 3SS, Yalding Road, London, SE16SE16 3SS30 Addresses|225 m away
- SE16 3XB, Cadbury Way, London, SE16SE16 3XB54 Addresses|229 m away
Property Types
- 1 modern house built after 1980
- 4 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 46 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (1)
- modern flat (4)
- mid-century house (1)
- mid-century flat (46)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 35 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (28)
- G (0)
- D (6)
- No EPC (19)
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 School300 m away
- St James' Church of England Primary School700 m away
- Grange Primary School700 m away
- Harris Academy Bermondsey200 m away
- City of London Academy (Southwark)600 m away
- Ark Walworth Academy800 m away
More reading links
Public Transport Nearby
The closest station to SE16 3RT is Bermondsey station, which is 900 metres away.
- Bermondsey|900 m away
- South Bermondsey|1.4 km away
- London Bridge|1.6 km away
- Rotherhithe|1.6 km away
