Spence Close - SE16 5UH
Key Street Insights
Spence Close is a residential street with 7 addresses.
It ranks as the 40th largest and 19th most expensive of the 395 streets in the SE16 area. The most common property type is a modern flat built after 1980.
The street contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £421,725
- 10 Year change
- down 1.9%
- Ave. Rental Price
- £2,340pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £578/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Street Insights
Spence Close is a residential street with 7 addresses.
It ranks as the 40th largest and 19th most expensive of the 395 streets in the SE16 area. The most common property type is a modern flat built after 1980.
The street contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £421,725
- 10 Year change
- down 1.9%
- Ave. Rental Price
- £2,340pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £578/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Properties on Spence Close, London, SE16
- 1 Spence Close
3 Bed Modern House
- 2 Spence Close
3 Bed Modern House
- 3 Spence Close
2 Bed Modern House
- 4 Spence Close
1 Bed Modern Flat
- 5 Spence Close
1 Bed Modern Flat
Sales Market Trends
The current average value in the street is £421,725.
The Spence Close Sales Market has decreased by 1.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.6% | £421,725 |
| July 2025 | -0.3% | £432,875 |
| July 2024 | -1.1% | £434,327 |
| July 2023 | -0.4% | £439,245 |
| July 2022 | 3.2% | £440,983 |
| July 2021 | 0.6% | £427,347 |
| July 2020 | 2% | £424,820 |
| July 2019 | -0.9% | £416,332 |
| July 2018 | -2% | £419,964 |
| July 2017 | -0.3% | £428,538 |
| July 2016 | 8% | £429,885 |
| July 2015 | 8.6% | £398,035 |
| July 2014 | 24.5% | £366,638 |
| July 2013 | 7.4% | £294,556 |
| July 2012 | 4.5% | £274,192 |
| July 2011 | 1.6% | £262,287 |
| July 2010 | 8.7% | £258,192 |
| July 2009 | -9.7% | £237,486 |
| July 2008 | 0.5% | £262,970 |
| July 2007 | 0% | £261,725 |
Rental Market Trends
The current average rental value in the street is £2,340.
The Spence Close Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.1% | £2,340pcm |
| July 2025 | 1.9% | £2,247pcm |
| July 2024 | 3.3% | £2,206pcm |
| July 2023 | 12.6% | £2,136pcm |
| July 2022 | 19.8% | £1,897pcm |
| July 2021 | -2.2% | £1,584pcm |
| July 2020 | -0.6% | £1,619pcm |
| July 2019 | 1.6% | £1,628pcm |
| July 2018 | 0.7% | £1,602pcm |
| July 2017 | -1.8% | £1,591pcm |
| July 2016 | 0.3% | £1,620pcm |
| July 2015 | 6.1% | £1,615pcm |
| July 2014 | 4.6% | £1,521pcm |
| July 2013 | -1.5% | £1,454pcm |
| July 2012 | 7.4% | £1,476pcm |
| July 2011 | 9.9% | £1,374pcm |
| July 2010 | 8.6% | £1,250pcm |
| July 2009 | -12.4% | £1,152pcm |
| July 2008 | 4.1% | £1,315pcm |
| July 2007 | 0% | £1,263pcm |
Nearby Streets
Spence Close, London, SE16 is the 40th largest and the 19th most expensive street in the SE16 area.
- Custom House Reach, London, SE1623 Addresses|98 m away
- Elgar Street, London, SE16124 Addresses|101 m away
- Wyatt Close, London, SE1622 Addresses|114 m away
- Odessa Street, London, SE16311 Addresses|130 m away
- Tillett Square, London, SE169 Addresses|145 m away
- Vaughan Street, London, SE1675 Addresses|146 m away
Property Types
- 3 modern houses built after 1980
- 4 modern flats built after 1980
- modern house (3)
- modern flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Redriff Primary, City of London Academy400 m away
- St John's Roman Catholic Primary School500 m away
- Arnhem Wharf Primary School600 m away
- Bacon's College700 m away
- Canary Wharf College Crossharbour1.4 km away
- The Charter School Bermondsey2.0 km away
More reading links
Public Transport Nearby
The closest station to Spence Close, London, SE16 - SE16 5UH is Heron Quays station, which is 1.1 kilometres away.
- Heron Quays|1.1 km away
- Canada Water|1.1 km away
- Surrey Quays|1.1 km away
