Southwark Park Road - SE16 3TP
Key Postcode Insights
SE16 3TP is a residential postcode situated on Southwark Park Road, London, SE16 with 31 addresses.
It ranks as the 658th largest and 287th 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 31 properties: 31 flats.
- Ave. Sale Price
- £382,591
- 10 Year change
- down 6.7%
- Ave. Rental Price
- £2,152pcm
- 10 Year change
- up 37.3%
- Ave. £ per ft²
- £634/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
SE16 3TP is a residential postcode situated on Southwark Park Road, London, SE16 with 31 addresses.
It ranks as the 658th largest and 287th 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 31 properties: 31 flats.
- Ave. Sale Price
- £382,591
- 10 Year change
- down 6.7%
- Ave. Rental Price
- £2,152pcm
- 10 Year change
- up 37.3%
- Ave. £ per ft²
- £634/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin SE16 3TP
- 257-265 Southwark Park Road
Modern Building | 14 Units
- 267 Southwark Park Road
Building  |  3 Flats
- 269A Southwark Park Road
1 Bed Early-century Flat
- Flat
Unknown
- 275A Southwark Park Road
3 Bed Period Flat
Sales Market Trends
The last sale in SE16 3TP sold for £500,000 on 29th September 2017. Since then prices are down an average of 2.6%.
The current average value in the postcode is £382,591.
The SE16 3TP Sales Market has decreased by 6.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £382,591 |
| June 2025 | -0.5% | £394,951 |
| June 2024 | -0.9% | £397,002 |
| June 2023 | -1% | £400,436 |
| June 2022 | 2.5% | £404,556 |
| June 2021 | -3% | £394,782 |
| June 2020 | 1.9% | £406,824 |
| June 2019 | -0.3% | £399,328 |
| June 2018 | -2.2% | £400,364 |
| June 2017 | -0.2% | £409,563 |
| June 2016 | 7.8% | £410,188 |
| June 2015 | 8.1% | £380,668 |
| June 2014 | 23.6% | £352,082 |
| June 2013 | 7.4% | £284,805 |
| June 2012 | 5.2% | £265,226 |
| June 2011 | 2.2% | £252,100 |
| June 2010 | 8.5% | £246,622 |
| June 2009 | -10.8% | £227,218 |
| June 2008 | 3.6% | £254,808 |
| June 2007 | 0% | £245,994 |
Rental Market Trends
The current average rental value in the postcode is £2,152.
The SE16 3TP Rental Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £2,152pcm |
| June 2025 | 1.6% | £2,057pcm |
| June 2024 | 4.6% | £2,025pcm |
| June 2023 | 11.6% | £1,935pcm |
| June 2022 | 17.3% | £1,734pcm |
| June 2021 | -7.6% | £1,479pcm |
| June 2020 | 0.4% | £1,601pcm |
| June 2019 | 2.7% | £1,594pcm |
| June 2018 | 0.8% | £1,552pcm |
| June 2017 | -1.7% | £1,540pcm |
| June 2016 | 0.3% | £1,567pcm |
| June 2015 | 5.8% | £1,563pcm |
| June 2014 | 2.9% | £1,478pcm |
| June 2013 | -1.3% | £1,436pcm |
| June 2012 | 8.5% | £1,455pcm |
| June 2011 | 10.1% | £1,341pcm |
| June 2010 | 5.3% | £1,218pcm |
| June 2009 | -12% | £1,157pcm |
| June 2008 | 7.6% | £1,315pcm |
| June 2007 | 0% | £1,222pcm |
Sales History
The last sale was on 29th September 2017 for £500,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 4 sales since 1995.
SE16 3TP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2017£500,000 | 2 Bed Flat277-279, Southwark Park Road, London, SE16 3TP277-279, Southwark Park Road, London, SE16 3TP
- Sold Sep 2015£330,000 | 1 Bed Flat269A, Southwark Park Road, London, SE16 3TP269A, Southwark Park Road, London, SE16 3TP
- Sold May 2002£119,500 | 3 Bed Flat275A, Southwark Park Road, London, SE16 3TP275A, Southwark Park Road, London, SE16 3TP
- Sold Sep 2000£55,000 | 3 Bed Flat275A, Southwark Park Road, London, SE16 3TP275A, Southwark Park Road, London, SE16 3TP
Nearby Postcodes
SE16 3TP is the 658th largest and the 287th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3FT, Bombay Street, London, SE16SE16 3FT18 Addresses|34 m away
- SE16 3NY, Ambrose Street, London, SE16SE16 3NY9 Addresses|34 m away
- SE16 3RN, Southwark Park Road, London, SE16SE16 3RN14 Addresses|38 m away
- SE16 3TS, Southwark Park Road, London, SE16SE16 3TS20 Addresses|93 m away
- SE16 3NU, Manor Estate, London, SE16SE16 3NU44 Addresses|94 m away
Property Types
- 3 period flats built between 1800 and 1911
- 22 modern flats built after 1980
- 2 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- period flat (3)
- modern flat (22)
- early-century flat (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (11)
- G (0)
- D (9)
- No EPC (9)
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
- Southwark Park Primary School300 m away
- Galleywall Primary, City of London Academy300 m away
- St Joseph's Catholic Primary School700 m away
- City of London Academy (Southwark)500 m away
- The Charter School Bermondsey500 m away
- Harris Academy Bermondsey700 m away
More reading links
Public Transport Nearby
The closest station to SE16 3TP is South Bermondsey station, which is 700 metres away.
- South Bermondsey|700 m away
- Bermondsey|700 m away
- Surrey Quays|900 m away
- Canada Water|1.0 km away
