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According to the public record, 18, Teak Close is a mid-century apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Teak Close is £323,322 and the estimated rental value is £1,931 per month.
Teak Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
18, Teak Close has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 18, Teak Close is in very good condition we estimate a sale value of £339,488 and a rental value of £2,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,689 and a rental value of £1,796 per month.
Over the last 12 months the sale value of 18 Teak Close has decreased by an estimated £12,257 (3.8%) and its rental value has increased by an estimated £105 per month (5.4%), giving an expected gross yield of 7.2%.
18, Teak Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Teak Close within a radius of 420 metres over the last 2 years.
The most recent example is 16, Teak Close, London, SE16 5NW, a leasehold flat which sold for £310,000 on the 19th June 2025.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Teak Close, London, SE16 has a total of 35 addresses. According to our analysis of all the public data, 18, Teak Close is the 29th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in SE16.
The nearest school is Redriff Primary, City of London Academy which is 100 metres away. The nearest train station is Westferry which is 1.0 kilometres away.
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