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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
SE16 4LYHouse Prices / London, Southwark, Millpond Estate
Last updated May 2026
Key Postcode Insights
SE16 4LY is a residential postcode situated on Millpond Estate, London, SE16 with 22 addresses.
It ranks as the 515th largest and 354th most expensive of the 1,012 postcodes in the SE16 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 flats.
22
Properties
- Flats
Key Postcode Insights
SE16 4LY is a residential postcode situated on Millpond Estate, London, SE16 with 22 addresses.
It ranks as the 515th largest and 354th most expensive of the 1,012 postcodes in the SE16 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 flats.
22
Properties
- Flats
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House Pricesin SE16 4LY
Sale prices range from £287,920 for 1 bedroom leasehold flats with a garden (452 ft2) to £430,712 for 3 bedroom leasehold flats (839 ft2) .
Monthly rental prices range from £1,669 pcm for 1 bed flats to £2,486 pcm for 3 bed flats.
The gross rental yield is between 6.9% and 7.1%.
The average value per square foot is £555.
Average Sale Value
£366,507
Average Rental Value
£2,114 pcm
Average Rental Yield
6.9% /year
Average Value Per Sqft
£555 /ft2
Sales Market Trendsin SE16 4LY
The last sale in SE16 4LY sold for £450,000 on 31st March 2025. Since then prices are down an average of 2.8%.
The current average value in the postcode is £366,507.
The SE16 4LY Sales Market has decreased by 8.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.1% | £366,507 |
| April 2025 | -0.3% | £382,372 |
| April 2024 | -1.7% | £383,496 |
| April 2023 | 0.7% | £389,948 |
| April 2022 | 1.1% | £387,361 |
| April 2021 | -3% | £383,246 |
| April 2020 | 1.5% | £395,056 |
| April 2019 | -1.6% | £389,034 |
| April 2018 | -0.6% | £395,338 |
| April 2017 | -1.2% | £397,690 |
| April 2016 | 8.6% | £402,347 |
| April 2015 | 10.7% | £370,628 |
| April 2014 | 21.3% | £334,916 |
| April 2013 | 6.5% | £276,065 |
| April 2012 | 3.4% | £259,094 |
| April 2011 | -0.3% | £250,496 |
| April 2010 | 6.5% | £251,260 |
| April 2009 | -11.2% | £235,924 |
| April 2008 | 10.2% | £265,578 |
| April 2007 | 0% | £241,027 |
Rental Market Trendsin SE16 4LY
The current average rental value in the postcode is £2,114.
The SE16 4LY Rental Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.6% | £2,114pcm |
| April 2025 | 0.8% | £2,003pcm |
| April 2024 | 5.8% | £1,986pcm |
| April 2023 | 12.4% | £1,876pcm |
| April 2022 | 16.2% | £1,670pcm |
| April 2021 | -10.2% | £1,438pcm |
| April 2020 | 2.4% | £1,600pcm |
| April 2019 | 1.3% | £1,563pcm |
| April 2018 | 0.3% | £1,543pcm |
| April 2017 | -3.1% | £1,538pcm |
| April 2016 | 0.8% | £1,587pcm |
| April 2015 | 6.9% | £1,575pcm |
| April 2014 | 1.2% | £1,473pcm |
| April 2013 | -0.2% | £1,455pcm |
| April 2012 | 9.4% | £1,458pcm |
| April 2011 | 8.5% | £1,333pcm |
| April 2010 | 0.2% | £1,228pcm |
| April 2009 | -11.1% | £1,225pcm |
| April 2008 | 11.1% | £1,377pcm |
| April 2007 | 0% | £1,240pcm |
Explore Propertiesin SE16 4LY, Millpond Estate, London, SE16
- 55, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 56, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 57, Millpond Estate, London, SE16 4LY
- 58, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 59, Millpond Estate, London, SE16 4LY1 bed mid-century flat
- 60, Millpond Estate, London, SE16 4LY2 bed flat
- 61, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 62, Millpond Estate, London, SE16 4LY3 bed mid-century flat
- 63, Millpond Estate, London, SE16 4LY3 bed mid-century flat
- 64, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 65, Millpond Estate, London, SE16 4LY
- 66, Millpond Estate, London, SE16 4LY2 bed flat
- 67, Millpond Estate, London, SE16 4LY1 bed early-century flat
- 68, Millpond Estate, London, SE16 4LY
- 69, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 70, Millpond Estate, London, SE16 4LY2 bed mid-century flat
- 71, Millpond Estate, London, SE16 4LY
- 72, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 73, Millpond Estate, London, SE16 4LY2 bed early-century flat
- 74, Millpond Estate, London, SE16 4LY
- 75, Millpond Estate, London, SE16 4LY
- 76, Millpond Estate, London, SE16 4LY
Sales Historyin SE16 4LY
The last sale was on 31st March 2025 for £450,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 15 sales since 1995.
SE16 4LY has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2025£450,000 | 2 Bed FlatMillpond Estate69, Millpond Estate, London, SE16 4LY
Sold Sep 2021£412,500 | 2 Bed FlatMillpond Estate60, Millpond Estate, London, SE16 4LY
Sold Mar 2019£405,000 | 2 Bed FlatMillpond Estate60, Millpond Estate, London, SE16 4LY
Sold Sep 2018£320,000 | 2 Bed FlatMillpond Estate56, Millpond Estate, London, SE16 4LY
Sold Jun 2016£425,000 | 2 Bed FlatMillpond Estate66, Millpond Estate, London, SE16 4LY
Sold Jul 2015£400,000 | 2 Bed FlatMillpond Estate60, Millpond Estate, London, SE16 4LY
Sold Dec 2014£435,999 | 2 Bed FlatMillpond Estate58, Millpond Estate, London, SE16 4LY
Sold Feb 2012£215,000 | 2 Bed FlatMillpond Estate60, Millpond Estate, London, SE16 4LY
Sold Nov 2010£250,000 | 2 Bed FlatMillpond Estate72, Millpond Estate, London, SE16 4LY
Sold Aug 2005£190,000 | 2 Bed FlatMillpond Estate58, Millpond Estate, London, SE16 4LY
Sold Mar 2004£185,000 | 2 Bed FlatMillpond Estate64, Millpond Estate, London, SE16 4LY
Sold Apr 2002£151,000 | 2 Bed FlatMillpond Estate58, Millpond Estate, London, SE16 4LY
Sold Feb 2001£117,000 | 2 Bed FlatMillpond Estate55, Millpond Estate, London, SE16 4LY
Sold Apr 1998£64,000 | 2 Bed FlatMillpond Estate60, Millpond Estate, London, SE16 4LY
Sold Oct 1996£43,000 | 2 Bed FlatMillpond Estate56, Millpond Estate, London, SE16 4LY
Nearby Postcodesto SE16 4LY
SE16 4LY is the 515th largest and the 354th most expensive postcode out of the 1,012 postcodes in the SE16 area.
- 44 mSE16 4PA, West Lane, London, SE16SE16 4PA36 Addresses
- 51 mSE16 4LZ, Millpond Estate, London, SE16SE16 4LZ32 Addresses
- 52 mSE16 4NZ, West Lane, London, SE16SE16 4NZ14 Addresses
- 55 mSE16 4PB, Cherry Garden Street, London, SE16SE16 4PB45 Addresses
- 61 mSE16 4NY, West Lane, London, SE16SE16 4NY3 Addresses
- 71 mSE16 4PD, Cherry Garden Street, London, SE16SE16 4PD15 Addresses
Estate Agents active nearby!
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Property Typesin SE16 4LY
- 4 mid-century flats built between 1936 and 1979
- 2 flats of an unknown age
- 9 early-century flats built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century flat (4)
- flat (2)
- early-century flat (9)
- Unknown (7)
Energy Efficiencyof properties in SE16 4LY
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (6)
- G (0)
- D (6)
- No EPC (9)
Top 3 Most Expensive Saleson Millpond Estate
Schools Nearbyto SE16 4LY
The nearest primary school to SE16 4LY is Riverside Primary School which is 314 metres away.
- 314mRiverside Primary School
- 549mSt James' Church of England Primary School
- 599mAlbion Primary School
The nearest secondary school is The Charter School Bermondsey which is 348 metres away.
- 348mThe Charter School Bermondsey
- 500mSt Michael's Catholic College
- 1.0kmHarris Academy Bermondsey
More reading links
Public Transport Nearbyto SE16 4LY
The closest station to SE16 4LY is Bermondsey station which is 300 metres away.
- 275mBermondsey
- 495mRotherhithe
- 546mWapping
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