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According to the public record, 31, Teak Close is a mid-century freehold house with 979 ft2 of internal area and sits on a 115 m2 plot.
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 31, Teak Close is £615,223 and the estimated rental value is £3,304 per month.
Teak Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
31, Teak Close has 2 entries in the Land Registry , most recently in February 2017 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 2 out of 5 and is considered of medium 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 31, Teak Close is in very good condition we estimate a sale value of £645,984 and a rental value of £3,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £572,157 and a rental value of £3,073 per month.
Over the last 12 months the sale value of 31 Teak Close has decreased by an estimated £23,426 (3.8%) and its rental value has increased by an estimated £171 per month (5.2%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 31, Teak Close sits on a plot of 115m2.
We have plot size data on 11 out of 25 other houses in the postcode and 31, Teak Close sits on the 9th largest plot.
31, Teak Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Dec 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Community scheme.
According to HM Land Registry, 31, Teak Close was last sold on 9th February 2017 for £600,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2017, the market for similar properties has dropped 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Teak Close within a radius of 410 metres over the last 2 years.
The most recent example is 27, Farrins Rents, London, SE16 6NF, a freehold house which sold for £760,000 on the 31st July 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, 31, Teak Close is the 17th largest and the 17th 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 100 metres away. The nearest train station is Westferry which is 1.0 kilometres away.
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