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Teak Close is a residential street with 35 addresses.
It ranks as the 208th largest and 303rd most expensive of the 396 streets in the SE16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 35 properties: 25 houses and 10 flats.
Teak Close is a residential street with 35 addresses.
It ranks as the 208th largest and 303rd most expensive of the 396 streets in the SE16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 35 properties: 25 houses and 10 flats.
Sale prices range from £308,435 for 2 bedroom leasehold flats (516 ft2) to £786,508 for 4 bedroom freehold houses with a garden (1,496 ft2) .
Monthly rental prices range from £1,856 pcm for 2 bed flats to £4,216 pcm for 4 bed houses.
The gross rental yield is between 6.4% and 7.2%.
The average value per square foot is £619.
The last sale on Teak Close sold for £310,000 on 19th June 2025. Since then prices are down an average of 1.6%.
The current average value in the street is £549,958.
The Teak Close Sales Market has decreased by 4.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.9% | £549,958 |
| May 2025 | -0.2% | £578,283 |
| May 2024 | -2.3% | £579,677 |
| May 2023 | 1.6% | £593,168 |
| May 2022 | 2.7% | £583,940 |
| May 2021 | 0.6% | £568,627 |
| May 2020 | 1.9% | £565,479 |
| May 2019 | -1.7% | £555,056 |
| May 2018 | -1.2% | £564,701 |
| May 2017 | -0.5% | £571,274 |
| May 2016 | 8.6% | £574,071 |
| May 2015 | 9.3% | £528,409 |
| May 2014 | 23.8% | £483,234 |
| May 2013 | 7.3% | £390,439 |
| May 2012 | 3.9% | £363,875 |
| May 2011 | 2.3% | £350,385 |
| May 2010 | 10.6% | £342,497 |
| May 2009 | -12.2% | £309,704 |
| May 2008 | 6.8% | £352,870 |
| May 2007 | 0% | £330,518 |
The current average rental value in the street is £3,023.
The Teak Close Rental Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.1% | £3,023pcm |
| May 2025 | 1.4% | £2,876pcm |
| May 2024 | 4.3% | £2,836pcm |
| May 2023 | 13.5% | £2,721pcm |
| May 2022 | 19.9% | £2,396pcm |
| May 2021 | -6% | £1,999pcm |
| May 2020 | 1.5% | £2,126pcm |
| May 2019 | 1.2% | £2,095pcm |
| May 2018 | 0.3% | £2,070pcm |
| May 2017 | -2.2% | £2,064pcm |
| May 2016 | 0.6% | £2,110pcm |
| May 2015 | 6.3% | £2,097pcm |
| May 2014 | 3.3% | £1,973pcm |
| May 2013 | -0.2% | £1,909pcm |
| May 2012 | 8.8% | £1,914pcm |
| May 2011 | 11% | £1,759pcm |
| May 2010 | 6.8% | £1,584pcm |
| May 2009 | -13.4% | £1,483pcm |
| May 2008 | 8.4% | £1,714pcm |
| May 2007 | 0% | £1,581pcm |
The last sale was on 19th June 2025 for £310,000 and since then the market in the area has decreased by 1.6%. The street has had a total of 12 sales since 1995.
Teak Close, London, SE16 has seen 2 sales in the last three years and 1 sale in the last twelve months.
Teak Close, London, SE16 is the 208th largest and the 303rd most expensive street in the SE16 area.
There is 1 postcode on Teak Close, London, SE16.
The closest station to Teak Close, London, SE16 is Westferry station which is 1.0 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Teak Close, London, SE16, 55.3% of property is socially rented and 17.8% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Teak Close, London, SE16, 13.7% of residents are recorded as possessing school level qualifications and 41.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Teak Close, London, SE16, the average age was 35.9 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Teak Close, London, SE16, 1.1% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Teak Close, London, SE16, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.