Prospect House, Frean Street - SE16 4AE
Key Building Insights
Prospect House, Frean Street is a residential building situated on Frean Street, London, SE16 with 55 addresses.
It ranks as the 833rd largest and 546th most expensive of the 897 buildings in the SE16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 55 properties: 55 flats.
- Ave. Sale Price
- £474,362
- 10 Year change
- down 11.2%
- Ave. Rental Price
- £2,244pcm
- 10 Year change
- up 33.2%
- Ave. £ per ft²
- £804/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Building Insights
Prospect House, Frean Street is a residential building situated on Frean Street, London, SE16 with 55 addresses.
It ranks as the 833rd largest and 546th most expensive of the 897 buildings in the SE16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 55 properties: 55 flats.
- Ave. Sale Price
- £474,362
- 10 Year change
- down 11.2%
- Ave. Rental Price
- £2,244pcm
- 10 Year change
- up 33.2%
- Ave. £ per ft²
- £804/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertieson Frean Street, London, SE16
- 1 Prospect House Frean Street
2 Bed Modern Flat
- 2 Prospect House Frean Street
2 Bed Modern Flat
- 3 Prospect House Frean Street
2 Bed Modern Flat
- 4 Prospect House Frean Street
2 Bed Modern Flat
- 5 Prospect House Frean Street
1 Bed Modern Flat
Sales Market Trends
The last sale in Prospect House, Frean Street sold for £610,000 on 31st July 2025. Since then prices are down an average of 3.2%.
The current average value in the building is £474,362.
The Prospect House, Frean Street Sales Market has decreased by 11.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £474,362 |
| June 2025 | -2% | £493,997 |
| June 2024 | -2.6% | £503,845 |
| June 2023 | -0.4% | £517,146 |
| June 2022 | 2.2% | £519,428 |
| June 2021 | -3.2% | £508,036 |
| June 2020 | 0.7% | £524,872 |
| June 2019 | -0.3% | £521,209 |
| June 2018 | -2% | £522,958 |
| June 2017 | -0.1% | £533,751 |
| June 2016 | 6% | £534,165 |
| June 2015 | 6.2% | £503,784 |
| June 2014 | 22.5% | £474,422 |
| June 2013 | 7.1% | £387,360 |
| June 2012 | 5% | £361,848 |
| June 2011 | 3.1% | £344,520 |
| June 2010 | 8.6% | £334,202 |
| June 2009 | -10.3% | £307,607 |
| June 2008 | 4.2% | £343,080 |
| June 2007 | 0% | £329,192 |
Rental Market Trends
The current average rental value in the building is £2,244.
The Prospect House, Frean Street Rental Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £2,244pcm |
| June 2025 | 0.2% | £2,152pcm |
| June 2024 | 3.7% | £2,148pcm |
| June 2023 | 10.9% | £2,072pcm |
| June 2022 | 19.1% | £1,868pcm |
| June 2021 | -8% | £1,569pcm |
| June 2020 | -0.9% | £1,705pcm |
| June 2019 | 2.3% | £1,721pcm |
| June 2018 | 0.9% | £1,682pcm |
| June 2017 | -1.1% | £1,667pcm |
| June 2016 | -1.5% | £1,685pcm |
| June 2015 | 4.2% | £1,710pcm |
| June 2014 | 1.3% | £1,642pcm |
| June 2013 | -1.7% | £1,621pcm |
| June 2012 | 8.9% | £1,648pcm |
| June 2011 | 11.3% | £1,513pcm |
| June 2010 | 5.9% | £1,360pcm |
| June 2009 | -13.5% | £1,285pcm |
| June 2008 | 8.5% | £1,485pcm |
| June 2007 | 0% | £1,369pcm |
Sales History
The last sale was on 31st July 2025 for £610,000 and since then the market in the area has decreased by 3.2%. The building has had a total of 59 sales since 1995.
Prospect House, Frean Street, London, SE16 4AE has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£610,000 | 2 Bed Flat20 Prospect House, Frean Street, London, SE16 4AE20 Prospect House, Frean Street, London, SE16 4AE
- Sold Jul 2024£424,000 | 2 Bed Flat33 Prospect House, Frean Street, London, SE16 4AE33 Prospect House, Frean Street, London, SE16 4AE
- Sold Jun 2024£400,000 | 2 Bed Flat38 Prospect House, Frean Street, London, SE16 4AE38 Prospect House, Frean Street, London, SE16 4AE
- Sold Jul 2023£176,000 | 2 Bed Flat22 Prospect House, Frean Street, London, SE16 4AE22 Prospect House, Frean Street, London, SE16 4AE
- Sold Jun 2023£620,000 | 3 Bed Flat12 Prospect House, Frean Street, London, SE16 4AE12 Prospect House, Frean Street, London, SE16 4AE
Property Types
- 36 modern flats built after 1980
- 9 flats of an unknown age
- 10 other addresses of unknown type
- modern flat (36)
- flat (9)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 36 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (23)
- F (0)
- C (13)
- G (0)
- D (0)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Apr 2022£775,000 | 3 Bed Flat47 Prospect House, Frean Street, London, SE16 4AE47 Prospect House, Frean Street, London, SE16 4AE
- Sold May 2013£750,000 | 3 Bed Flat45 Prospect House, Frean Street, London, SE16 4AE45 Prospect House, Frean Street, London, SE16 4AE
- Sold May 2016£700,000 | 2 Bed Flat29 Hicks House, Frean Street, London, SE16 4AH29 Hicks House, Frean Street, London, SE16 4AH
Schools Nearby
- St James' Church of England Primary School100 m away
- St Joseph's Catholic Primary School300 m away
- Riverside Primary School400 m away
- St Michael's Catholic College300 m away
- The Charter School Bermondsey400 m away
- Harris Academy Bermondsey500 m away
More reading links
Public Transport Nearby
The closest station to Prospect House, Frean Street, London, SE16 4AE is Bermondsey station, which is 300 metres away.
- Bermondsey|300 m away
- Rotherhithe|1.1 km away
- Wapping|1.1 km away
