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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Spence Close is £614,768 and the estimated rental value is £3,121 per month.
Spence Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
2, Spence Close has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Spence Close is in very good condition we estimate a sale value of £645,506 and a rental value of £3,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £571,734 and a rental value of £2,902 per month.
Over the last 12 months the sale value of 2 Spence Close has decreased by an estimated £31,727 (5.2%) and its rental value has increased by an estimated £124 per month (4.0%), giving an expected gross yield of 6.1%.
2, Spence Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spence Close within a radius of 380 metres over the last 2 years.
The most recent example is 46, Howland Way, London, SE16 6HW, a freehold house which sold for £650,000 on the 12th September 2025.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spence Close, London, SE16 has a total of 7 addresses. According to our analysis of all the public data, 2, Spence Close is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in SE16.
The nearest school is Redriff Primary, City of London Academy which is 418 metres away. The nearest train station is Heron Quays which is 1.1 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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