129, New Place Square
129, New Place Square
Description & Estimates
129, New Place Square is recorded publicly as a mid-century leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 129, New Place Square is £280,861 and its rental estimate is £1,684 per month, given the available information and assuming reasonable condition.
New Place Square, London, SE16 falls within the SE16 postal district, in the borough of Southwark.
Our Data Sources
129, New Place Square has 61 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated December 2016.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 129, New Place Square, we estimate a market value of £294,904 and a rental value of £1,768 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,201 and £1,566 per month respectively.
Recent Market Change
Over the last year, 129, New Place Square has seen its estimated sale value drop by £10,648 (3.8%) and its estimated rental value rise by £92 per month (5.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
129, New Place Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of 129, New Place Square completed on 5th June 2024 at £315,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 11.9% over the period since June 2024.
- Sold Jun 2024£315,000
- Sold Apr 2017£340,000
- Sold Apr 2008£155,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 129, New Place Square have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2026, was 135, New Place Square, London, SE16 2HR, a leasehold flat which sold for £250,000.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 148 addresses on New Place Square, London, SE16, 129, New Place Square comes out as the 103rd largest and the 95th most expensive in our analysis of the public data.
It is also £172k less expensive than the average property across the SE16 district.
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Schools Nearby
- 300mRiverside Primary School
- 400mSouthwark Park Primary School
- 500mSt James' Church of England Primary School
- 200mThe Charter School Bermondsey
- 500mSt Michael's Catholic College
- 900mHarris Academy Bermondsey
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Public Transport Nearby
From 129, New Place Square, the nearest station is Bermondsey, 200 metres away.
- 200mBermondsey
- 600mRotherhithe
- 700mCanada Water
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
