Southwark Park Road - SE16 3TS
Key Postcode Insights
SE16 3TS is a residential postcode situated on Southwark Park Road, London, SE16 with 20 addresses.
It ranks as the 477th largest and 316th 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 20 properties: 20 flats.
- Ave. Sale Price
- £350,288
- 10 Year change
- down 8.6%
- Ave. Rental Price
- £2,076pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £498/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
SE16 3TS is a residential postcode situated on Southwark Park Road, London, SE16 with 20 addresses.
It ranks as the 477th largest and 316th 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 20 properties: 20 flats.
- Ave. Sale Price
- £350,288
- 10 Year change
- down 8.6%
- Ave. Rental Price
- £2,076pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £498/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin SE16 3TS
- 223 Southwark Park Road
Unknown
- 239 Southwark Park Road
Modern Building | 6 Units
- 243 Southwark Park Road
Modern Building | 9 Units
- 251A Southwark Park Road
Building | 2 Flats
- Flat
2 Bed Flat
Sales Market Trends
The last sale in SE16 3TS sold for £330,000 on 6th February 2025. Since then prices are down an average of 3.6%.
The current average value in the postcode is £350,288.
The SE16 3TS Sales Market has decreased by 8.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £350,288 |
| June 2025 | -1.1% | £361,176 |
| June 2024 | -0.6% | £365,067 |
| June 2023 | -1% | £367,416 |
| June 2022 | 2.2% | £370,969 |
| June 2021 | -3.1% | £363,129 |
| June 2020 | 1.5% | £374,805 |
| June 2019 | -0.9% | £369,394 |
| June 2018 | -2.6% | £372,590 |
| June 2017 | -0.2% | £382,470 |
| June 2016 | 8.1% | £383,386 |
| June 2015 | 8.9% | £354,523 |
| June 2014 | 24.4% | £325,438 |
| June 2013 | 7.1% | £261,563 |
| June 2012 | 4.9% | £244,327 |
| June 2011 | 1.6% | £232,886 |
| June 2010 | 8.1% | £229,237 |
| June 2009 | -10.9% | £212,086 |
| June 2008 | 3.5% | £238,118 |
| June 2007 | 0% | £230,114 |
Rental Market Trends
The current average rental value in the postcode is £2,076.
The SE16 3TS Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £2,076pcm |
| June 2025 | 1% | £1,982pcm |
| June 2024 | 4.9% | £1,962pcm |
| June 2023 | 11.6% | £1,870pcm |
| June 2022 | 16.9% | £1,676pcm |
| June 2021 | -7.8% | £1,433pcm |
| June 2020 | 0% | £1,554pcm |
| June 2019 | 2.1% | £1,554pcm |
| June 2018 | 0.4% | £1,522pcm |
| June 2017 | -1.8% | £1,515pcm |
| June 2016 | 0.7% | £1,544pcm |
| June 2015 | 6.6% | £1,534pcm |
| June 2014 | 3.6% | £1,439pcm |
| June 2013 | -1.6% | £1,390pcm |
| June 2012 | 8.2% | £1,413pcm |
| June 2011 | 9.4% | £1,305pcm |
| June 2010 | 4.8% | £1,193pcm |
| June 2009 | -12.1% | £1,138pcm |
| June 2008 | 7.5% | £1,295pcm |
| June 2007 | 0% | £1,205pcm |
Sales History
The last sale was on 6th February 2025 for £330,000 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 21 sales since 1995.
SE16 3TS has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£330,000 | 2 Bed FlatFlat 1, 243, Southwark Park Road, London, SE16 3TSFlat 1, 243, Southwark Park Road, London, SE16 3TS
- Sold Dec 2024£350,000 | 2 Bed FlatFlat 2, 243, Southwark Park Road, London, SE16 3TSFlat 2, 243, Southwark Park Road, London, SE16 3TS
- Sold Dec 2023£415,000 | 2 Bed FlatFlat 6, 243, Southwark Park Road, London, SE16 3TSFlat 6, 243, Southwark Park Road, London, SE16 3TS
- Sold Dec 2022£900,000 | 2 Bed Flat253-255, Southwark Park Road, London, SE16 3TS253-255, Southwark Park Road, London, SE16 3TS
- Sold Nov 2018£295,000 | 2 Bed FlatFlat 2, 243, Southwark Park Road, London, SE16 3TSFlat 2, 243, Southwark Park Road, London, SE16 3TS
Nearby Postcodes
SE16 3TS is the 477th largest and the 316th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3UX, Bombay Street, London, SE16SE16 3UX30 Addresses|51 m away
- SE16 3UQ, Market Place, London, SE16SE16 3UQ25 Addresses|66 m away
- SE16 3RW, Southwark Park Road, London, SE16SE16 3RW1 Addresses|76 m away
- SE16 3FT, Bombay Street, London, SE16SE16 3FT18 Addresses|80 m away
- SE16 3RN, Southwark Park Road, London, SE16SE16 3RN14 Addresses|83 m away
Property Types
- 17 modern flats built after 1980
- 1 flat of an unknown age
- 2 other addresses of unknown type
- modern flat (17)
- flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (7)
- G (0)
- D (5)
- No EPC (5)
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
- Galleywall Primary, City of London Academy400 m away
- Southwark Park Primary School400 m away
- St James' Church of England Primary School700 m away
- City of London Academy (Southwark)400 m away
- The Charter School Bermondsey500 m away
- Harris Academy Bermondsey600 m away
More reading links
Public Transport Nearby
The closest station to SE16 3TS is Bermondsey station, which is 600 metres away.
- Bermondsey|600 m away
- South Bermondsey|800 m away
- Surrey Quays|1.0 km away
- Canada Water|1.1 km away
