Southwark Park Road - SE16 3TY
Key Postcode Insights
SE16 3TY is a residential postcode situated on Southwark Park Road, London, SE16 with 15 addresses.
It ranks as the 341st largest and 470th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £525,404
- 10 Year change
- down 8.3%
- Ave. Rental Price
- £3,004pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £573/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
SE16 3TY is a residential postcode situated on Southwark Park Road, London, SE16 with 15 addresses.
It ranks as the 341st largest and 470th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £525,404
- 10 Year change
- down 8.3%
- Ave. Rental Price
- £3,004pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £573/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin SE16 3TY
- 61A Southwark Park Road
2 Bed Period Flat
- 63 Southwark Park Road
Building  |  2 Flats
- 65A Southwark Park Road
2 Bed Period Flat
- Ground Floor Flat
1 Bed Period Flat
- 69A Southwark Park Road
2 Bed Period Flat
Sales Market Trends
The last sale in SE16 3TY sold for £800,000 on 2nd September 2024. Since then prices are down an average of 4.1%.
The current average value in the postcode is £525,404.
The SE16 3TY Sales Market has decreased by 8.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £525,404 |
| June 2025 | -1% | £544,663 |
| June 2024 | -1.6% | £550,059 |
| June 2023 | -0.4% | £559,195 |
| June 2022 | 2.8% | £561,452 |
| June 2021 | -2.1% | £546,415 |
| June 2020 | 1.9% | £557,896 |
| June 2019 | -0.8% | £547,681 |
| June 2018 | -2.4% | £552,130 |
| June 2017 | -1.2% | £565,869 |
| June 2016 | 7% | £572,649 |
| June 2015 | 6.7% | £534,990 |
| June 2014 | 23.2% | £501,310 |
| June 2013 | 8.8% | £407,023 |
| June 2012 | 5.2% | £373,964 |
| June 2011 | 3.5% | £355,563 |
| June 2010 | 10.1% | £343,615 |
| June 2009 | -8.4% | £311,986 |
| June 2008 | 2.3% | £340,742 |
| June 2007 | 0% | £332,939 |
Rental Market Trends
The current average rental value in the postcode is £3,004.
The SE16 3TY Rental Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £3,004pcm |
| June 2025 | 1.5% | £2,884pcm |
| June 2024 | 4.2% | £2,840pcm |
| June 2023 | 12% | £2,725pcm |
| June 2022 | 20.3% | £2,432pcm |
| June 2021 | -7.1% | £2,021pcm |
| June 2020 | -0.2% | £2,175pcm |
| June 2019 | 2.3% | £2,179pcm |
| June 2018 | 1.2% | £2,130pcm |
| June 2017 | -2% | £2,104pcm |
| June 2016 | -0.1% | £2,148pcm |
| June 2015 | 4.9% | £2,151pcm |
| June 2014 | 1.8% | £2,050pcm |
| June 2013 | -1.8% | £2,013pcm |
| June 2012 | 8.6% | £2,050pcm |
| June 2011 | 10% | £1,887pcm |
| June 2010 | 7.3% | £1,717pcm |
| June 2009 | -11.9% | £1,600pcm |
| June 2008 | 8.2% | £1,816pcm |
| June 2007 | 0% | £1,678pcm |
Sales History
The last sale was on 2nd September 2024 for £800,000 and since then the market in the area has decreased by 4.1%. The postcode has had a total of 7 sales since 1995.
SE16 3TY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£800,000 | 4 Bed House83, Southwark Park Road, London, SE16 3TY83, Southwark Park Road, London, SE16 3TY
- Sold Dec 2020£435,000 | 2 Bed Flat61A, Southwark Park Road, London, SE16 3TY61A, Southwark Park Road, London, SE16 3TY
- Sold Jul 2020£875,000 | 5 Bed House79, Southwark Park Road, London, SE16 3TY79, Southwark Park Road, London, SE16 3TY
- Sold Dec 2006£450,000 | 4 Bed House77, Southwark Park Road, London, SE16 3TY77, Southwark Park Road, London, SE16 3TY
- Sold Jul 2006£355,000 | 5 Bed House79, Southwark Park Road, London, SE16 3TY79, Southwark Park Road, London, SE16 3TY
Nearby Postcodes
SE16 3TY is the 341st largest and the 470th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 3RS, Southwark Park Road, London, SE16SE16 3RS20 Addresses|45 m away
- SE16 3SS, Yalding Road, London, SE16SE16 3SS30 Addresses|64 m away
- SE16 3UP, Woolstaplers Way, London, SE16SE16 3UP40 Addresses|85 m away
- SE16 3RD, Southwark Park Road, London, SE16SE16 3RD57 Addresses|92 m away
- SE16 3UT, Woolstaplers Way, London, SE16SE16 3UT45 Addresses|112 m away
Property Types
- 4 period houses built between 1800 and 1911
- 9 period flats built between 1800 and 1911
- 1 mid-century flat built between 1936 and 1979
- 1 other address of unknown type
- period house (4)
- period flat (9)
- mid-century flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (6)
- G (0)
- D (5)
- No EPC (3)
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
- St Joseph's Catholic 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 3TY is Bermondsey station, which is 700 metres away.
- Bermondsey|700 m away
- South Bermondsey|1.2 km away
- Rotherhithe|1.5 km away
- Canada Water|1.5 km away
