SE16 7AW is a residential postcode situated on Needleman Street, London, SE16 with 77 addresses.
It ranks as the 994th largest and 607th 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 77 properties: 77 flats.
SE16 7AW is a residential postcode situated on Needleman Street, London, SE16 with 77 addresses.
It ranks as the 994th largest and 607th 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 77 properties: 77 flats.
Sale prices range from £312,596 for 1 bedroom leasehold flats with a balcony (365 ft2) to £683,990 for 3 bedroom leasehold flats with a balcony (1,119 ft2) .
Monthly rental prices range from £1,523 pcm for 1 bed flats to £3,177 pcm for 3 bed flats.
The gross rental yield is between 5.6% and 6.0%.
The average value per square foot is £713.
The last sale in SE16 7AW sold for £164,500 on 7th March 2025. Since then prices are down an average of 4.8%.
The current average value in the postcode is £467,489.
The SE16 7AW Sales Market has decreased by 10.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.4% | £467,489 |
| April 2025 | -1.4% | £489,144 |
| April 2024 | -2.5% | £496,112 |
| April 2023 | 0.5% | £508,808 |
| April 2022 | 1.5% | £506,486 |
| April 2021 | -3.1% | £498,886 |
| April 2020 | 1.1% | £514,835 |
| April 2019 | -0.8% | £509,422 |
| April 2018 | -0.8% | £513,326 |
| April 2017 | -0.4% | £517,271 |
| April 2016 | 7% | £519,297 |
| April 2015 | 8.5% | £485,453 |
| April 2014 | 20.7% | £447,545 |
| April 2013 | 6.6% | £370,828 |
| April 2012 | 4% | £347,861 |
| April 2011 | -0.7% | £334,630 |
| April 2010 | 7% | £336,900 |
| April 2009 | -10% | £314,726 |
| April 2008 | 10.4% | £349,872 |
| April 2007 | 0% | £316,779 |
The current average rental value in the postcode is £2,263.
The SE16 7AW Rental Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.6% | £2,263pcm |
| April 2025 | -0.4% | £2,143pcm |
| April 2024 | 5.3% | £2,152pcm |
| April 2023 | 11.4% | £2,043pcm |
| April 2022 | 17.1% | £1,834pcm |
| April 2021 | -10.2% | £1,567pcm |
| April 2020 | 1.9% | £1,745pcm |
| April 2019 | 1.6% | £1,712pcm |
| April 2018 | -0.2% | £1,684pcm |
| April 2017 | -2% | £1,687pcm |
| April 2016 | -1% | £1,721pcm |
| April 2015 | 5.1% | £1,739pcm |
| April 2014 | 0.8% | £1,654pcm |
| April 2013 | -0.2% | £1,641pcm |
| April 2012 | 10.5% | £1,643pcm |
| April 2011 | 8.7% | £1,488pcm |
| April 2010 | 0.6% | £1,369pcm |
| April 2009 | -10.5% | £1,361pcm |
| April 2008 | 11.2% | £1,521pcm |
| April 2007 | 0% | £1,367pcm |
The last sale was on 7th March 2025 for £164,500 and since then the market in the area has decreased by 4.8%. The postcode has had a total of 71 sales since 1995.
SE16 7AW has seen 8 sales in the last three years and no sales in the last twelve months.
SE16 7AW is the 994th largest and the 607th most expensive postcode out of the 1,012 postcodes in the SE16 area.
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