Millbank Way - SE12 8EF
Key Street Insights
Millbank Way is a residential street with 34 addresses.
It ranks as the 68th largest and 32nd most expensive of the 170 streets in the SE12 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 34 properties: 16 houses and 18 flats.
- Ave. Sale Price
- £389,022
- 10 Year change
- up 2.3%
- Ave. Rental Price
- £1,844pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £511/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Street Insights
Millbank Way is a residential street with 34 addresses.
It ranks as the 68th largest and 32nd most expensive of the 170 streets in the SE12 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 34 properties: 16 houses and 18 flats.
- Ave. Sale Price
- £389,022
- 10 Year change
- up 2.3%
- Ave. Rental Price
- £1,844pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £511/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertieson Millbank Way, London, SE12
- 1 Millbank Way
3 Bed Mid-century House
- 2 Millbank Way
Unknown
- 3 Millbank Way
3 Bed Mid-century House
- 4 Millbank Way
3 Bed Mid-century House
- 5 Millbank Way
3 Bed Modern House
Sales Market Trends
The last sale on Millbank Way sold for £305,000 on 16th December 2022. Since then prices are down an average of 2.9%.
The current average value in the street is £389,022.
The Millbank Way Sales Market has increased by 2.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £389,022 |
| June 2025 | 1.7% | £394,378 |
| June 2024 | -1.5% | £387,919 |
| June 2023 | -0.7% | £393,796 |
| June 2022 | 4.9% | £396,630 |
| June 2021 | 0.9% | £378,235 |
| June 2020 | 3.2% | £374,927 |
| June 2019 | -1.8% | £363,350 |
| June 2018 | -2.3% | £369,948 |
| June 2017 | -0.5% | £378,698 |
| June 2016 | 13.3% | £380,430 |
| June 2015 | 12.1% | £335,641 |
| June 2014 | 25.4% | £299,505 |
| June 2013 | 6.2% | £238,858 |
| June 2012 | 2.9% | £224,813 |
| June 2011 | 0.7% | £218,546 |
| June 2010 | 7.5% | £217,012 |
| June 2009 | -12.1% | £201,842 |
| June 2008 | 0.8% | £229,586 |
| June 2007 | 0% | £227,717 |
Rental Market Trends
The current average rental value in the street is £1,844.
The Millbank Way Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,844pcm |
| June 2025 | 2.6% | £1,762pcm |
| June 2024 | 4.6% | £1,717pcm |
| June 2023 | 13.3% | £1,641pcm |
| June 2022 | 10.2% | £1,448pcm |
| June 2021 | -1.8% | £1,314pcm |
| June 2020 | 3.9% | £1,337pcm |
| June 2019 | 0.1% | £1,287pcm |
| June 2018 | -1.6% | £1,285pcm |
| June 2017 | -1.9% | £1,306pcm |
| June 2016 | 4.6% | £1,332pcm |
| June 2015 | 7.6% | £1,273pcm |
| June 2014 | 6.5% | £1,183pcm |
| June 2013 | 3.5% | £1,111pcm |
| June 2012 | 7.3% | £1,073pcm |
| June 2011 | 5.7% | £1,000pcm |
| June 2010 | 3.2% | £946pcm |
| June 2009 | -7.3% | £917pcm |
| June 2008 | 7.6% | £989pcm |
| June 2007 | 0% | £920pcm |
Sales History
The last sale was on 16th December 2022 for £305,000 and since then the market in the area has decreased by 2.9%. The street has had a total of 11 sales since 1995.
Millbank Way, London, SE12 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£305,000 | 2 Bed Flat12, Millbank Way, London, SE12 8EF12, Millbank Way, London, SE12 8EF
- Sold Dec 2010£235,000 | 3 Bed House6, Millbank Way, London, SE12 8EF6, Millbank Way, London, SE12 8EF
- Sold Apr 2008£285,000 | 3 Bed House8, Millbank Way, London, SE12 8EF8, Millbank Way, London, SE12 8EF
- Sold Dec 2006£217,000 | 3 Bed House29, Millbank Way, London, SE12 8EF29, Millbank Way, London, SE12 8EF
- Sold Dec 2006£215,000 | 3 Bed House33, Millbank Way, London, SE12 8EF33, Millbank Way, London, SE12 8EF
Top 3 Most Expensive Sales
- Sold Dec 2022£305,000 | 2 Bed Flat12, Millbank Way, London, SE12 8EF12, Millbank Way, London, SE12 8EF
- Sold Apr 2008£285,000 | 3 Bed House8, Millbank Way, London, SE12 8EF8, Millbank Way, London, SE12 8EF
- Sold Dec 2010£235,000 | 3 Bed House6, Millbank Way, London, SE12 8EF6, Millbank Way, London, SE12 8EF
Nearby Streets
Millbank Way, London, SE12 is the 68th largest and the 32nd most expensive street in the SE12 area.
- Osberton Road, London, SE1223 Addresses|66 m away
- Cambridge Drive, London, SE12113 Addresses|86 m away
- Leyland Road, London, SE12133 Addresses|105 m away
- Silk Close, London, SE1234 Addresses|144 m away
- Rose Way, London, SE1244 Addresses|167 m away
- Dorville Road, London, SE1255 Addresses|187 m away
Property Types
- 1 modern house built after 1980
- 14 mid-century houses built between 1936 and 1979
- 17 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (1)
- mid-century house (14)
- mid-century flat (17)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (10)
- B (0)
- F (0)
- C (13)
- G (0)
- D (9)
- No EPC (2)
Schools Nearby
- Brindishe Lee School500 m away
- St Winifred's RC Primary School700 m away
- Brindishe Manor School800 m away
- Thomas Tallis School1.5 km away
- Harris Academy Greenwich1.7 km away
- Eltham Hill School2.1 km away
More reading links
Public Transport Nearby
The closest station to Millbank Way, London, SE12 - SE12 8EF is Lee (London) station, which is 400 metres away.
- Lee (London)|400 m away
- Hither Green|1.2 km away
- Kidbrooke|1.4 km away
