SE16 6RL is a residential postcode situated on Water Gardens Square, London, SE16 with 52 addresses.
It ranks as the 894th largest and 404th 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 52 properties: 52 flats.
SE16 6RL is a residential postcode situated on Water Gardens Square, London, SE16 with 52 addresses.
It ranks as the 894th largest and 404th 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 52 properties: 52 flats.
Sale prices range from £280,944 for 1 bedroom leasehold flats with a balcony (365 ft2) to £631,649 for 3 bedroom leasehold flats with a balcony (1,248 ft2) .
Monthly rental prices range from £1,528 pcm for 1 bed flats to £3,273 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.7%.
The average value per square foot is £650.
The last sale in SE16 6RL sold for £133,000 on 2nd May 2024. Since then prices are down an average of 5.7%.
The current average value in the postcode is £387,386.
The SE16 6RL Sales Market has decreased by 10.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.4% | £387,386 |
| April 2025 | -1.4% | £405,331 |
| April 2024 | -2.5% | £411,105 |
| April 2023 | 0.5% | £421,625 |
| April 2022 | 1.5% | £419,701 |
| April 2021 | -3.1% | £413,404 |
| April 2020 | 1.1% | £426,620 |
| April 2019 | -0.8% | £422,134 |
| April 2018 | -0.8% | £425,369 |
| April 2017 | -0.4% | £428,638 |
| April 2016 | 7% | £430,317 |
| April 2015 | 8.5% | £402,272 |
| April 2014 | 20.7% | £370,860 |
| April 2013 | 6.6% | £307,288 |
| April 2012 | 4% | £288,256 |
| April 2011 | -0.7% | £277,292 |
| April 2010 | 7% | £279,174 |
| April 2009 | -10% | £260,799 |
| April 2008 | 10.4% | £289,923 |
| April 2007 | 0% | £262,500 |
The current average rental value in the postcode is £2,107.
The SE16 6RL Rental Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.6% | £2,107pcm |
| April 2025 | -0.4% | £1,995pcm |
| April 2024 | 5.3% | £2,004pcm |
| April 2023 | 11.4% | £1,903pcm |
| April 2022 | 17.1% | £1,708pcm |
| April 2021 | -10.2% | £1,459pcm |
| April 2020 | 1.9% | £1,625pcm |
| April 2019 | 1.6% | £1,594pcm |
| April 2018 | -0.2% | £1,568pcm |
| April 2017 | -2% | £1,571pcm |
| April 2016 | -1% | £1,603pcm |
| April 2015 | 5.1% | £1,619pcm |
| April 2014 | 0.8% | £1,540pcm |
| April 2013 | -0.2% | £1,528pcm |
| April 2012 | 10.5% | £1,530pcm |
| April 2011 | 8.7% | £1,385pcm |
| April 2010 | 0.6% | £1,275pcm |
| April 2009 | -10.5% | £1,267pcm |
| April 2008 | 11.2% | £1,416pcm |
| April 2007 | 0% | £1,273pcm |
The last sale was on 2nd May 2024 for £133,000 and since then the market in the area has decreased by 5.7%. The postcode has had a total of 17 sales since 1995.
SE16 6RL has seen 3 sales in the last three years and no sales in the last twelve months.
SE16 6RL is the 894th largest and the 404th most expensive postcode out of the 1,012 postcodes in the SE16 area.
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