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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 128, Spa Road is £660,371 and the estimated rental value is £3,028 per month.
Spa Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
128, Spa Road has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 128, Spa Road is in very good condition we estimate a sale value of £693,389 and a rental value of £3,179 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £614,145 and a rental value of £2,816 per month.
Over the last 12 months the sale value of 128 Spa Road has decreased by an estimated £19,106 (2.9%) and its rental value has increased by an estimated £166 per month (5.5%), giving an expected gross yield of 5.5%.
128, Spa Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 128, Spa Road was last sold on 1st May 2015 for £575,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 128, Spa Road within a radius of 240 metres over the last 2 years.
The most recent example is 2, Pollard House 122A, Spa Road, London, SE16 3FF, a leasehold flat which sold for £640,000 on the 19th January 2026.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Road, London, SE16 has a total of 645 addresses. According to our analysis of all the public data, 128, Spa Road is the 53rd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £208k more expensive than the average property in SE16.
The nearest school is St James' Church of England Primary School which is 300 metres away. The nearest train station is Bermondsey which is 500 metres away.
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