Russell Place - SE16 7PL
Key Postcode Insights
SE16 7PL is a residential postcode situated on Russell Place, London, SE16 with 14 addresses.
It ranks as the 329th largest and 369th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 3 houses and 11 flats.
- Ave. Sale Price
- £439,763
- 10 Year change
- down 6.2%
- Ave. Rental Price
- £2,506pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £551/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
SE16 7PL is a residential postcode situated on Russell Place, London, SE16 with 14 addresses.
It ranks as the 329th largest and 369th most expensive of the 1,011 postcodes in the SE16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 3 houses and 11 flats.
- Ave. Sale Price
- £439,763
- 10 Year change
- down 6.2%
- Ave. Rental Price
- £2,506pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £551/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin SE16 7PL
- 1 Russell Place
3 Bed Modern House
- 2 Russell Place
3 Bed Modern Flat
- 3 Russell Place
Unknown
- 4 Russell Place
4 Bed Modern House
- 5 Russell Place
4 Bed Modern House
Sales Market Trends
The last sale in SE16 7PL sold for £315,000 on 30th April 2026. Since then prices are up an average of 0.1%.
The current average value in the postcode is £439,763.
The SE16 7PL Sales Market has decreased by 6.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £439,763 |
| June 2025 | -0.7% | £460,459 |
| June 2024 | -1.9% | £463,540 |
| June 2023 | 0.7% | £472,516 |
| June 2022 | 3.5% | £469,331 |
| June 2021 | -1.5% | £453,429 |
| June 2020 | 1.4% | £460,442 |
| June 2019 | -0.5% | £454,033 |
| June 2018 | -1.8% | £456,459 |
| June 2017 | -0.9% | £464,983 |
| June 2016 | 6.8% | £468,981 |
| June 2015 | 7% | £438,931 |
| June 2014 | 23.8% | £410,361 |
| June 2013 | 7.1% | £331,354 |
| June 2012 | 4.4% | £309,528 |
| June 2011 | 2.7% | £296,543 |
| June 2010 | 10.3% | £288,822 |
| June 2009 | -10.5% | £261,965 |
| June 2008 | 4.1% | £292,677 |
| June 2007 | 0% | £281,054 |
Rental Market Trends
The current average rental value in the postcode is £2,506.
The SE16 7PL Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £2,506pcm |
| June 2025 | 1.2% | £2,406pcm |
| June 2024 | 4.6% | £2,377pcm |
| June 2023 | 11.6% | £2,273pcm |
| June 2022 | 19.6% | £2,037pcm |
| June 2021 | -6.2% | £1,704pcm |
| June 2020 | 0.2% | £1,816pcm |
| June 2019 | 1.7% | £1,813pcm |
| June 2018 | 0.4% | £1,783pcm |
| June 2017 | -2% | £1,775pcm |
| June 2016 | -1.1% | £1,811pcm |
| June 2015 | 4.9% | £1,831pcm |
| June 2014 | 2.7% | £1,745pcm |
| June 2013 | -0.5% | £1,700pcm |
| June 2012 | 8.6% | £1,708pcm |
| June 2011 | 12% | £1,572pcm |
| June 2010 | 7.6% | £1,403pcm |
| June 2009 | -13.4% | £1,304pcm |
| June 2008 | 7% | £1,506pcm |
| June 2007 | 0% | £1,407pcm |
Sales History
The last sale was on 30th April 2026 for £315,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 26 sales since 1995.
SE16 7PL has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Apr 2026£315,000 | 2 Bed Flat20, Russell Place, London, SE16 7PL20, Russell Place, London, SE16 7PL
- Sold Mar 2026£270,000 | 2 Bed Flat15, Russell Place, London, SE16 7PL15, Russell Place, London, SE16 7PL
- Sold Jan 2025£325,000 | 1 Bed Flat17, Russell Place, London, SE16 7PL17, Russell Place, London, SE16 7PL
- Sold Oct 2022£190,000 | 2 Bed Flat11, Russell Place, London, SE16 7PL11, Russell Place, London, SE16 7PL
- Sold Feb 2022£70,000 | 2 Bed Flat11, Russell Place, London, SE16 7PL11, Russell Place, London, SE16 7PL
Nearby Postcodes
SE16 7PL is the 329th largest and the 369th most expensive postcode out of the 1,011 postcodes in the SE16 area.
- SE16 7PF, Onega Gate, London, SE16SE16 7PF6 Addresses|30 m away
- SE16 7PR, Onega Gate, London, SE16SE16 7PR7 Addresses|50 m away
- SE16 7PQ, Russell Place, London, SE16SE16 7PQ21 Addresses|56 m away
- SE16 7PG, Onega Gate, London, SE16SE16 7PG12 Addresses|61 m away
- SE16 7TP, Finland Street, London, SE16SE16 7TP58 Addresses|88 m away
Property Types
- 3 modern houses built after 1980
- 9 modern flats built after 1980
- 2 other addresses of unknown type
- modern house (3)
- modern flat (9)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (6)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2016£718,000 | 3 Bed House1, Russell Place, London, SE16 7PL1, Russell Place, London, SE16 7PL
- Sold Jul 2018£690,000 | 4 Bed House4, Russell Place, London, SE16 7PL4, Russell Place, London, SE16 7PL
- Sold Jul 2007£650,000 | 3 Bed FlatFlat 20, Tavistock Tower, Russell Place, London, SE16 7PQFlat 20, Tavistock Tower, Russell Place, London, SE16 7PQ
Schools Nearby
- Alfred Salter Primary School500 m away
- St John's Roman Catholic Primary School500 m away
- Redriff Primary, City of London Academy700 m away
- Bacon's College800 m away
- The Charter School Bermondsey1.6 km away
- Canary Wharf College Crossharbour1.7 km away
More reading links
Public Transport Nearby
The closest station to SE16 7PL is Surrey Quays station, which is 700 metres away.
- Surrey Quays|700 m away
- Canada Water|800 m away
