Millpond Estate - SE16 4LY
Key Postcode Insights
SE16 4LY is a residential postcode situated on Millpond Estate, London, SE16 with 22 addresses.
It ranks as the 514th largest and 461st most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 flats.
- Ave. Sale Price
- £402,962
- 10 Year change
- down 9.3%
- Ave. Rental Price
- £2,276pcm
- 10 Year change
- up 34.3%
- Ave. £ per ft²
- £621/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
SE16 4LY is a residential postcode situated on Millpond Estate, London, SE16 with 22 addresses.
It ranks as the 514th largest and 461st most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 flats.
- Ave. Sale Price
- £402,962
- 10 Year change
- down 9.3%
- Ave. Rental Price
- £2,276pcm
- 10 Year change
- up 34.3%
- Ave. £ per ft²
- £621/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin SE16 4LY
- 55 Millpond Estate
2 Bed Early-century Flat
- 56 Millpond Estate
2 Bed Early-century Flat
- 57 Millpond Estate
Unknown
- 58 Millpond Estate
2 Bed Early-century Flat
- 59 Millpond Estate
1 Bed Mid-century Flat
Sales Market Trends
The last sale in SE16 4LY sold for £450,000 on 31st March 2025. Since then prices are down an average of 3.0%.
The current average value in the postcode is £402,962.
The SE16 4LY Sales Market has decreased by 9.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £402,962 |
| June 2025 | -1% | £418,886 |
| June 2024 | -1.4% | £423,326 |
| June 2023 | 0% | £429,500 |
| June 2022 | 2.2% | £429,377 |
| June 2021 | -2.9% | £420,322 |
| June 2020 | 1.4% | £432,983 |
| June 2019 | -0.6% | £426,805 |
| June 2018 | -2.3% | £429,352 |
| June 2017 | -1% | £439,637 |
| June 2016 | 7.5% | £444,044 |
| June 2015 | 8.9% | £412,929 |
| June 2014 | 24.5% | £379,343 |
| June 2013 | 5.8% | £304,645 |
| June 2012 | 4.1% | £288,015 |
| June 2011 | 1.2% | £276,616 |
| June 2010 | 7.5% | £273,202 |
| June 2009 | -11.3% | £254,099 |
| June 2008 | 4.5% | £286,367 |
| June 2007 | 0% | £274,096 |
Rental Market Trends
The current average rental value in the postcode is £2,276.
The SE16 4LY Rental Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £2,276pcm |
| June 2025 | 0.9% | £2,174pcm |
| June 2024 | 5% | £2,155pcm |
| June 2023 | 11.2% | £2,053pcm |
| June 2022 | 18% | £1,847pcm |
| June 2021 | -7.6% | £1,566pcm |
| June 2020 | 0.1% | £1,694pcm |
| June 2019 | 1.9% | £1,691pcm |
| June 2018 | 0.1% | £1,660pcm |
| June 2017 | -2.2% | £1,658pcm |
| June 2016 | -0.3% | £1,695pcm |
| June 2015 | 6.7% | £1,700pcm |
| June 2014 | 3.2% | £1,593pcm |
| June 2013 | -1.9% | £1,544pcm |
| June 2012 | 8.1% | £1,574pcm |
| June 2011 | 10.1% | £1,456pcm |
| June 2010 | 4.8% | £1,322pcm |
| June 2009 | -14.1% | £1,261pcm |
| June 2008 | 7.7% | £1,468pcm |
| June 2007 | 0% | £1,363pcm |
Sales History
The last sale was on 31st March 2025 for £450,000 and since then the market in the area has decreased by 3.0%. 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 Flat69, Millpond Estate, London, SE16 4LY69, Millpond Estate, London, SE16 4LY
- Sold Sep 2021£412,500 | 2 Bed Flat60, Millpond Estate, London, SE16 4LY60, Millpond Estate, London, SE16 4LY
- Sold Mar 2019£405,000 | 2 Bed Flat60, Millpond Estate, London, SE16 4LY60, Millpond Estate, London, SE16 4LY
- Sold Sep 2018£320,000 | 2 Bed Flat56, Millpond Estate, London, SE16 4LY56, Millpond Estate, London, SE16 4LY
- Sold Jun 2016£425,000 | 2 Bed Flat66, Millpond Estate, London, SE16 4LY66, Millpond Estate, London, SE16 4LY
Nearby Postcodes
SE16 4LY is the 514th largest and the 461st most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 4PA, West Lane, London, SE16SE16 4PA36 Addresses|44 m away
- SE16 4LZ, Millpond Estate, London, SE16SE16 4LZ32 Addresses|51 m away
- SE16 4NZ, West Lane, London, SE16SE16 4NZ14 Addresses|52 m away
- SE16 4PB, Cherry Garden Street, London, SE16SE16 4PB45 Addresses|55 m away
- SE16 4NY, West Lane, London, SE16SE16 4NY3 Addresses|61 m away
Property Types
- 4 mid-century flats built between 1936 and 1979
- 14 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century flat (4)
- early-century flat (14)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (6)
- G (0)
- D (8)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Dec 2015£562,000 | 3 Bed Flat25, Millpond Estate, London, SE16 4LZ25, Millpond Estate, London, SE16 4LZ
- Sold May 2024£547,000 | 3 Bed Flat25, Millpond Estate, London, SE16 4LZ25, Millpond Estate, London, SE16 4LZ
- Sold Feb 2025£480,000 | 3 Bed Flat23, Millpond Estate, London, SE16 4LZ23, Millpond Estate, London, SE16 4LZ
Schools Nearby
- Riverside Primary School300 m away
- St James' Church of England Primary School500 m away
- Albion Primary School600 m away
- The Charter School Bermondsey300 m away
- St Michael's Catholic College500 m away
- Harris Academy Bermondsey1.0 km away
More reading links
Public Transport Nearby
The closest station to SE16 4LY is Bermondsey station, which is 300 metres away.
- Bermondsey|300 m away
- Rotherhithe|500 m away
- Wapping|500 m away
