Fairmont House, Needleman Street - SE16 7AW
Key Building Insights
Fairmont House, Needleman Street is a residential building situated on Needleman Street, London, SE16 with 77 addresses.
It ranks as the 864th largest and 756th most expensive of the 897 buildings in the SE16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 77 properties: 77 flats.
- Ave. Sale Price
- £475,683
- 10 Year change
- down 10.4%
- Ave. Rental Price
- £2,377pcm
- 10 Year change
- up 32.5%
- Ave. £ per ft²
- £692/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Building Insights
Fairmont House, Needleman Street is a residential building situated on Needleman Street, London, SE16 with 77 addresses.
It ranks as the 864th largest and 756th most expensive of the 897 buildings in the SE16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 77 properties: 77 flats.
- Ave. Sale Price
- £475,683
- 10 Year change
- down 10.4%
- Ave. Rental Price
- £2,377pcm
- 10 Year change
- up 32.5%
- Ave. £ per ft²
- £692/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertieson Needleman Street, London, SE16
- Flat 1 Fairmont House
3 Bed Modern Flat
- Flat 2 Fairmont House
3 Bed Modern Flat
- Flat 3 Fairmont House
2 Bed Modern Flat
- Flat 4 Fairmont House
2 Bed Modern Flat
- Flat 5 Fairmont House
3 Bed Modern Flat
Sales Market Trends
The last sale in Fairmont House, Needleman Street sold for £164,500 on 7th March 2025. Since then prices are down an average of 5.3%.
The current average value in the building is £475,683.
The Fairmont House, Needleman Street Sales Market has decreased by 10.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £475,683 |
| June 2025 | -1.8% | £497,746 |
| June 2024 | -2.7% | £506,971 |
| June 2023 | 0.2% | £521,273 |
| June 2022 | 2.3% | £520,165 |
| June 2021 | -2.9% | £508,578 |
| June 2020 | 0.7% | £524,010 |
| June 2019 | -0.1% | £520,255 |
| June 2018 | -1.8% | £520,732 |
| June 2017 | -0.1% | £530,181 |
| June 2016 | 6.1% | £530,830 |
| June 2015 | 6.6% | £500,406 |
| June 2014 | 22.9% | £469,505 |
| June 2013 | 6.1% | £382,112 |
| June 2012 | 4.4% | £360,139 |
| June 2011 | 2.4% | £344,959 |
| June 2010 | 8.3% | £336,816 |
| June 2009 | -11.2% | £311,024 |
| June 2008 | 4.9% | £350,441 |
| June 2007 | 0% | £333,967 |
Rental Market Trends
The current average rental value in the building is £2,377.
The Fairmont House, Needleman Street Rental Market has increased by 32.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £2,377pcm |
| June 2025 | 0% | £2,277pcm |
| June 2024 | 3.9% | £2,277pcm |
| June 2023 | 10.6% | £2,191pcm |
| June 2022 | 18.4% | £1,981pcm |
| June 2021 | -7.5% | £1,672pcm |
| June 2020 | -0.5% | £1,808pcm |
| June 2019 | 1.9% | £1,818pcm |
| June 2018 | 0.5% | £1,783pcm |
| June 2017 | -1.1% | £1,774pcm |
| June 2016 | -1.9% | £1,794pcm |
| June 2015 | 4.7% | £1,829pcm |
| June 2014 | 1.7% | £1,747pcm |
| June 2013 | -1.4% | £1,717pcm |
| June 2012 | 8.8% | £1,741pcm |
| June 2011 | 11.9% | £1,600pcm |
| June 2010 | 5.7% | £1,430pcm |
| June 2009 | -14.6% | £1,353pcm |
| June 2008 | 7.9% | £1,584pcm |
| June 2007 | 0% | £1,468pcm |
Sales History
The last sale was on 7th March 2025 for £164,500 and since then the market in the area has decreased by 5.3%. The building has had a total of 71 sales since 1995.
Fairmont House, Needleman Street, London, SE16 7AW has seen 8 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£164,500 | 2 Bed FlatFlat 4, Fairmont House, Needleman Street, London, SE16 7AWFlat 4, Fairmont House, Needleman Street, London, SE16 7AW
- Sold Feb 2025£645,000 | 3 Bed FlatFlat 29, Fairmont House, Needleman Street, London, SE16 7AWFlat 29, Fairmont House, Needleman Street, London, SE16 7AW
- Sold Dec 2024£475,000 | 2 Bed FlatFlat 24, Fairmont House, Needleman Street, London, SE16 7AWFlat 24, Fairmont House, Needleman Street, London, SE16 7AW
- Sold Sep 2024£490,000 | 2 Bed FlatFlat 12, Fairmont House, Needleman Street, London, SE16 7AWFlat 12, Fairmont House, Needleman Street, London, SE16 7AW
- Sold Sep 2023£425,000 | 2 Bed FlatFlat 58, Fairmont House, Needleman Street, London, SE16 7AWFlat 58, Fairmont House, Needleman Street, London, SE16 7AW
Property Types
- 77 modern flats built after 1980
- modern flat (77)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 77 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (46)
- F (0)
- C (31)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Aug 2023£675,000 | 3 Bed FlatFlat 28, Fairmont House, Needleman Street, London, SE16 7AWFlat 28, Fairmont House, Needleman Street, London, SE16 7AW
- Sold Feb 2025£645,000 | 3 Bed FlatFlat 29, Fairmont House, Needleman Street, London, SE16 7AWFlat 29, Fairmont House, Needleman Street, London, SE16 7AW
- Sold Jun 2018£627,500 | 3 Bed FlatFlat 43, Fairmont House, Needleman Street, London, SE16 7AWFlat 43, Fairmont House, Needleman Street, London, SE16 7AW
Schools Nearby
- Albion Primary School200 m away
- Alfred Salter Primary School300 m away
- St John's Roman Catholic Primary School500 m away
- Bacon's College500 m away
- The Charter School Bermondsey1.1 km away
- St Michael's Catholic College1.3 km away
More reading links
Public Transport Nearby
The closest station to Fairmont House, Needleman Street, London, SE16 7AW is Rotherhithe station, which is 300 metres away.
- Canada Water|300 m away
- Rotherhithe|300 m away
