40, New Place Square
40, New Place Square
Description & Estimates
40, New Place Square is described in the public record as a mid-century apartment with 536 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, New Place Square is £276,647 and its rental estimate is £1,659 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
40, New Place Square has no records in the the Land Registry and a single entry in the EPC database dated December 2010.
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.
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 40, New Place Square, we estimate a market value of £290,480 and a rental value of £1,742 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £257,282 and £1,543 per month respectively.
Recent Market Change
Over the last year, 40, New Place Square has seen its estimated sale value decline by £10,488 (3.8%) and its estimated rental value climb by £90 per month (5.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
40, New Place Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Dec 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, 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.
- Sold Mar 2026£250,000 | 2 Bed Flat135, New Place Square, London, SE16 2HR135, New Place Square, London, SE16 2HR
- Sold Jun 2024£315,000 | 2 Bed Flat129, New Place Square, London, SE16 2HR129, New Place Square, London, SE16 2HR
- Sold Jun 2022£300,000 | 2 Bed Flat106, New Place Square, London, SE16 2HR106, New Place Square, London, SE16 2HR
•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, 40, New Place Square comes out as the 117th largest and the 121st most expensive in our analysis of the public data.
It is also £176k less expensive than the average property across the SE16 district.
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Schools Nearby
- 300mRiverside Primary School
- 400mSt James' Church of England Primary School
- 500mSouthwark Park Primary School
- 200mThe Charter School Bermondsey
- 500mSt Michael's Catholic College
- 800mHarris Academy Bermondsey
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Public Transport Nearby
From 40, New Place Square, the nearest station is Bermondsey, 200 metres away.
- 200mBermondsey
- 600mRotherhithe
- 700mWapping
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
