Spence Close - SE16 5UH
Key Street Insights
Spence Close is a residential street with 7 addresses.
It ranks as the 40th largest and 21st most expensive of the 395 streets in the SE16 area. The most common property type is a modern flat built after 1980.
The street contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £419,752
- 10 Year change
- down 2.9%
- Ave. Rental Price
- £2,288pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £589/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Street Insights
Spence Close is a residential street with 7 addresses.
It ranks as the 40th largest and 21st most expensive of the 395 streets in the SE16 area. The most common property type is a modern flat built after 1980.
The street contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £419,752
- 10 Year change
- down 2.9%
- Ave. Rental Price
- £2,288pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £589/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertieson Spence Close, London, SE16
- 1 Spence Close
3 Bed Modern House
- 2 Spence Close
3 Bed Modern House
- 3 Spence Close
2 Bed Modern House
- 4 Spence Close
1 Bed Modern Flat
- 5 Spence Close
1 Bed Modern Flat
Sales Market Trends
The current average value in the street is £419,752.
The Spence Close Sales Market has decreased by 2.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £419,752 |
| June 2025 | 0.1% | £435,802 |
| June 2024 | -1.4% | £435,307 |
| June 2023 | 0% | £441,445 |
| June 2022 | 2.6% | £441,472 |
| June 2021 | 0.6% | £430,283 |
| June 2020 | 2.2% | £427,844 |
| June 2019 | -1.4% | £418,430 |
| June 2018 | -1.5% | £424,551 |
| June 2017 | -0.3% | £431,138 |
| June 2016 | 8.7% | £432,269 |
| June 2015 | 9.4% | £397,592 |
| June 2014 | 23.8% | £363,391 |
| June 2013 | 6.2% | £293,490 |
| June 2012 | 4.1% | £276,334 |
| June 2011 | 1.8% | £265,395 |
| June 2010 | 9.7% | £260,692 |
| June 2009 | -12% | £237,591 |
| June 2008 | 2.8% | £270,080 |
| June 2007 | 0% | £262,652 |
Rental Market Trends
The current average rental value in the street is £2,288.
The Spence Close Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £2,288pcm |
| June 2025 | 2.2% | £2,185pcm |
| June 2024 | 3.5% | £2,139pcm |
| June 2023 | 13.5% | £2,066pcm |
| June 2022 | 19.9% | £1,821pcm |
| June 2021 | -4.3% | £1,519pcm |
| June 2020 | 0.6% | £1,587pcm |
| June 2019 | 1.6% | £1,577pcm |
| June 2018 | 0.4% | £1,552pcm |
| June 2017 | -2.1% | £1,547pcm |
| June 2016 | 0.8% | £1,580pcm |
| June 2015 | 6.7% | £1,568pcm |
| June 2014 | 4.2% | £1,470pcm |
| June 2013 | -2.1% | £1,411pcm |
| June 2012 | 7.9% | £1,441pcm |
| June 2011 | 9.6% | £1,335pcm |
| June 2010 | 8.2% | £1,218pcm |
| June 2009 | -13.1% | £1,126pcm |
| June 2008 | 5.4% | £1,295pcm |
| June 2007 | 0% | £1,229pcm |
Nearby Streets
Spence Close, London, SE16 is the 40th largest and the 21st most expensive street in the SE16 area.
- Custom House Reach, London, SE1623 Addresses|98 m away
- Elgar Street, London, SE16124 Addresses|101 m away
- Wyatt Close, London, SE1622 Addresses|114 m away
- Odessa Street, London, SE16311 Addresses|130 m away
- Tillett Square, London, SE169 Addresses|145 m away
- Vaughan Street, London, SE1675 Addresses|146 m away
Property Types
- 3 modern houses built after 1980
- 4 modern flats built after 1980
- modern house (3)
- modern flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Redriff Primary, City of London Academy400 m away
- St John's Roman Catholic Primary School500 m away
- Arnhem Wharf Primary School600 m away
- Bacon's College700 m away
- Canary Wharf College Crossharbour1.4 km away
- The Charter School Bermondsey2.0 km away
More reading links
Public Transport Nearby
The closest station to Spence Close, London, SE16 - SE16 5UH is Heron Quays station, which is 1.1 kilometres away.
- Heron Quays|1.1 km away
- Canada Water|1.1 km away
- Surrey Quays|1.1 km away
