SE16 5RG is a residential postcode situated on Abbotshade Road, London, SE16 with 16 addresses.
It ranks as the 382nd largest and 513th 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 16 properties: 16 flats.
SE16 5RG is a residential postcode situated on Abbotshade Road, London, SE16 with 16 addresses.
It ranks as the 382nd largest and 513th 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 16 properties: 16 flats.
Sale prices range from £413,307 for 2 bedroom leasehold flats with a balcony (678 ft2) to £457,373 for 2 bedroom leasehold flats with a balcony (796 ft2) .
Monthly rental prices range from £2,249 pcm for 2 bed flats to £2,438 pcm for 2 bed flats.
The gross rental yield is between 6.4% and 6.5%.
The average value per square foot is £586.
The last sale in SE16 5RG sold for £459,000 on 11th August 2023. Since then prices are down an average of 6.7%.
The current average value in the postcode is £436,894.
The SE16 5RG Sales Market has decreased by 10.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.1% | £436,894 |
| April 2025 | -1.4% | £455,722 |
| April 2024 | -2.2% | £462,191 |
| April 2023 | 0% | £472,557 |
| April 2022 | 1.3% | £472,731 |
| April 2021 | -3.4% | £466,726 |
| April 2020 | 1.1% | £482,980 |
| April 2019 | -1% | £477,792 |
| April 2018 | -0.7% | £482,685 |
| April 2017 | -0.2% | £485,902 |
| April 2016 | 6.7% | £487,078 |
| April 2015 | 8.7% | £456,280 |
| April 2014 | 20.8% | £419,869 |
| April 2013 | 5.7% | £347,463 |
| April 2012 | 4.5% | £328,594 |
| April 2011 | -0.6% | £314,550 |
| April 2010 | 6.4% | £316,541 |
| April 2009 | -9.5% | £297,578 |
| April 2008 | 10.4% | £328,914 |
| April 2007 | 0% | £297,983 |
The current average rental value in the postcode is £2,351.
The SE16 5RG Rental Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.7% | £2,351pcm |
| April 2025 | -0.3% | £2,223pcm |
| April 2024 | 5% | £2,229pcm |
| April 2023 | 12% | £2,122pcm |
| April 2022 | 17.1% | £1,895pcm |
| April 2021 | -10.7% | £1,618pcm |
| April 2020 | 1.9% | £1,811pcm |
| April 2019 | 2% | £1,778pcm |
| April 2018 | 0.1% | £1,744pcm |
| April 2017 | -2.1% | £1,741pcm |
| April 2016 | -1% | £1,779pcm |
| April 2015 | 4.7% | £1,798pcm |
| April 2014 | 1% | £1,716pcm |
| April 2013 | -0.8% | £1,699pcm |
| April 2012 | 10.5% | £1,713pcm |
| April 2011 | 8.3% | £1,551pcm |
| April 2010 | 0.4% | £1,433pcm |
| April 2009 | -9.4% | £1,427pcm |
| April 2008 | 11.1% | £1,575pcm |
| April 2007 | 0% | £1,418pcm |
The last sale was on 11th August 2023 for £459,000 and since then the market in the area has decreased by 6.7%. The postcode has had a total of 43 sales since 1995.
SE16 5RG has seen 2 sales in the last three years and no sales in the last twelve months.
SE16 5RG is the 382nd largest and the 513th most expensive postcode out of the 1,012 postcodes in the SE16 area.
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