SE16 5LH is a residential postcode situated on Salter Road, London, SE16 with 18 addresses.
It ranks as the 428th largest and 696th most expensive of the 1,012 postcodes in the SE16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 18 properties: 18 flats.
SE16 5LH is a residential postcode situated on Salter Road, London, SE16 with 18 addresses.
It ranks as the 428th largest and 696th most expensive of the 1,012 postcodes in the SE16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 18 properties: 18 flats.
Sale prices range from £404,552 for 2 bedroom leasehold flats with a balcony (635 ft2) to £683,011 for 3 bedroom leasehold flats (1,410 ft2) .
Monthly rental prices range from £2,185 pcm for 2 bed flats to £3,517 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.5%.
The average value per square foot is £562.
The last sale in SE16 5LH sold for £750,000 on 7th November 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £548,337.
The SE16 5LH Sales Market has decreased by 10.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.2% | £548,337 |
| April 2025 | -1.3% | £572,576 |
| April 2024 | -2.2% | £580,251 |
| April 2023 | -0.4% | £593,594 |
| April 2022 | 1.9% | £595,756 |
| April 2021 | -3.7% | £584,787 |
| April 2020 | 1% | £607,066 |
| April 2019 | -0.7% | £600,783 |
| April 2018 | -1.2% | £604,892 |
| April 2017 | -0.1% | £612,224 |
| April 2016 | 6.3% | £612,779 |
| April 2015 | 7.3% | £576,660 |
| April 2014 | 20.4% | £537,412 |
| April 2013 | 6.2% | £446,470 |
| April 2012 | 5% | £420,354 |
| April 2011 | -0.5% | £400,445 |
| April 2010 | 7% | £402,618 |
| April 2009 | -9.1% | £376,382 |
| April 2008 | 10.4% | £413,883 |
| April 2007 | 0% | £374,856 |
The current average rental value in the postcode is £2,875.
The SE16 5LH Rental Market has increased by 31.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.6% | £2,875pcm |
| April 2025 | -0.2% | £2,722pcm |
| April 2024 | 5% | £2,727pcm |
| April 2023 | 11.6% | £2,598pcm |
| April 2022 | 17.8% | £2,327pcm |
| April 2021 | -11% | £1,975pcm |
| April 2020 | 1.8% | £2,218pcm |
| April 2019 | 2.3% | £2,178pcm |
| April 2018 | -0.4% | £2,129pcm |
| April 2017 | -2% | £2,137pcm |
| April 2016 | -1.5% | £2,181pcm |
| April 2015 | 3.4% | £2,214pcm |
| April 2014 | 0.6% | £2,140pcm |
| April 2013 | -0.4% | £2,128pcm |
| April 2012 | 11% | £2,135pcm |
| April 2011 | 8.4% | £1,924pcm |
| April 2010 | 1% | £1,776pcm |
| April 2009 | -8.9% | £1,758pcm |
| April 2008 | 11.1% | £1,930pcm |
| April 2007 | 0% | £1,738pcm |
The last sale was on 7th November 2025 for £750,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 4 sales since 1995.
SE16 5LH has seen 1 sale in the last three years and 1 sale in the last twelve months.
SE16 5LH is the 428th largest and the 696th most expensive postcode out of the 1,012 postcodes in the SE16 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SE16 5LH, 40.4% of property is privately rented and 20.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SE16 5LH, 18.5% of residents are recorded as possessing school level qualifications and 63.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SE16 5LH, the average age was 35.9 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SE16 5LH, 1.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SE16 5LH, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.