Flat 1, Elder House 16
Flat 1, Elder House 16
Description & Estimates
Flat 1, Elder House 16 is recorded publicly as a modern leasehold apartment across 1,097 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 1, Elder House 16 is £720,681 and its rental estimate is £3,189 per month, given the available information and assuming reasonable condition.
Elder House, Quebec Way is a residential building on Quebec Way, London, SE16 and falls within the SE16 postal district and the London Borough of Southwark.
Our Data Sources
Flat 1, Elder House 16 has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated March 2018.
We combine this information with that 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 Flat 1, Elder House 16, we estimate a market value of £756,715 and a rental value of £3,348 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £670,233 and £2,965 per month respectively.
Recent Market Change
Over the last year, Flat 1, Elder House 16 has seen its estimated sale value decrease by £24,915 (3.5%) and its estimated rental value grow by £175 per month (5.5%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 1, Elder House 16 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 1, Elder House 16 completed on 4th May 2018 at £625,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.0% over the period since May 2018.
- Sold May 2018£625,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Elder House 16 have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th October 2025, was Flat 58, Elder House 16, Quebec Way, London, SE16 7ES, a leasehold flat which sold for £960,000.
Read more about house prices in SE16.
- Sold Oct 2025£960,000 | 3 Bed FlatElder House 16, Quebec WayFlat 58, Elder House 16, Quebec Way, London, SE16 7ES
- Sold Aug 2023£875,000 | 3 Bed FlatHornbeam House 22, Quebec WayFlat 64, Hornbeam House 22, Quebec Way, London, SE16 7EW
- Sold Aug 2023£950,000 | 3 Bed FlatElder House 16, Quebec WayFlat 64, Elder House 16, Quebec Way, London, SE16 7ES
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 442 addresses on Quebec Way, London, SE16, Flat 1, Elder House 16 comes out as the 111th largest and the 44th most expensive in our analysis of the public data.
It is also £268k more expensive than the average property across the SE16 district.
More reading links
Schools Nearby
- 300mAlfred Salter Primary School
- 300mSt John's Roman Catholic Primary School
- 600mRedriff Primary, City of London Academy
- 500mBacon's College
- 1.5kmThe Charter School Bermondsey
- 1.8kmCanary Wharf College Crossharbour
More reading links
Public Transport Nearby
From Flat 1, Elder House 16, the nearest station is Surrey Quays, 600 metres away.
- 600mCanada Water
- 700mSurrey Quays
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
