Local market reports › SE area › SE16 › SE16 2
Rotherhithe market report SE16 2, London
The standing SE16 2 (Rotherhithe) property market report, rebuilt from the full public record every month. The raw material for this page is 1,844 HM Land Registry entries for SE16 2 (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical SE16 2 (London) home changed hands for £360,000 in 2026 (median of 13 registered sales, down 8% on five years earlier), with the mean at £404,000, and by floor area homes here have averaged about £6,510 per square metre over the last five years. Source: 1,844 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
SE16 2 is a postcode sector: one group of streets inside SE16 (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where SE16 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in SE16 2
Across 13 registered 2026 sales, the typical (median) SE16 2 home went for £360,000. The mean is £404,000, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in SE16 2
Averaged across five years of sales, floor space in SE16 2 costs about £6,510 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
For scale: the England and Wales median is £285,000, so SE16 2 trades 26% above the country as a whole.
SE16 2's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £360,000 | £360,000 | 13 |
| 2025 | £408,500 | £418,268 | 57 |
| 2024 | £420,200 | £446,759 | 36 |
| 2023 | £407,500 | £447,743 | 54 |
| 2022 | £400,000 | £469,046 | 71 |
| 2021 | £392,500 | £496,956 | 44 |
| 2020 | £410,000 | £531,983 | 35 |
| 2019 | £354,000 | £464,009 | 32 |
| 2018 | £385,000 | £513,212 | 38 |
| 2017 | £415,000 | £566,018 | 49 |
| 2016 | £400,000 | £559,604 | 56 |
| 2015 | £360,000 | £508,680 | 57 |
| 2014 | £354,000 | £502,211 | 63 |
| 2013 | £295,000 | £424,476 | 135 |
| 2012 | £240,000 | £353,250 | 39 |
| 2011 | £205,000 | £309,471 | 51 |
| 2010 | £214,500 | £336,391 | 50 |
| 2009 | £230,000 | £369,727 | 24 |
| 2008 | £225,000 | £368,823 | 69 |
| 2007 | £200,000 | £339,256 | 101 |
| 2006 | £170,000 | £295,098 | 98 |
| 2005 | £178,000 | £316,768 | 85 |
| 2004 | £182,000 | £330,548 | 126 |
| 2003 | £155,000 | £285,548 | 83 |
| 2002 | £135,000 | £254,001 | 63 |
| 2001 | £115,500 | £222,043 | 66 |
| 2000 | £93,000 | £182,513 | 57 |
| 1999 | £72,800 | £145,087 | 58 |
| 1998 | £65,000 | £131,207 | 39 |
| 1997 | £53,800 | £110,333 | 54 |
| 1996 | £38,000 | £80,140 | 20 |
| 1995 | £34,000 | £73,911 | 21 |
In cash terms the typical SE16 2 home went from £34,000 in 1995 to £360,000 in 2026, roughly 11 times the price. Even after inflation that is a real rise of about 387%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2017; the current median sits about 36% below that. Someone who bought at the 2017 peak has not yet seen that price back in real terms.
Year-on-year change in the SE16 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1997 (+41.6% on the year before); the weakest, 2026 (−11.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −11.9% | −13.9% |
| 5 years (since 2021) | −1.7% | −6.2% |
| 10 years (since 2016) | −1.0% | −4.3% |
| 20 years (since 2006) | +3.8% | +1.0% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
SE16 2 recorded 13 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 85 sales a year before the financial crisis and 46 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What homes rent for around SE16 2
SE16 2 falls under Southwark, where the ONS puts the average private rent at £2,394 a month (May 2026 figures). Size sets most of the rent: one-beds average £1,814 a month here against £3,491 for four or more bedrooms.
Average monthly rent by size, Southwark
ONS Price Index of Private Rents, May 2026.
Against the £360,000 median purchase price, a rent of £2,394 a month (£28,728 a year) works out at a 8.0% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What kind of market SE16 2 is
Only 13 sales completed here in the last twelve months of data, which makes SE16 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Against the SE16 district median, SE16 2 sits 20% lower, marking it as a cheaper pocket of the district.
SE16 2 (Rotherhithe): the questions that come up
Are property prices falling in SE16 2 (Rotherhithe)?
Is SE16 2 (Rotherhithe) a good place to buy a house?
How much did a house sell for in SE16 2 (Rotherhithe)?
Will SE16 2 prices rise from here?
The record answers a different question than "what happens next": the median is down 8% over five years in cash but down 28% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
SE16's current homes for sale
This is what you could actually buy today: 93 homes currently on the market from 9 agents publishing to HomesIndex.
These cover the whole SE16 district, not just SE16 2: live asking prices are collected per district.
Of everything listed here, 40% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Flat 85, Tissington Court Rotherhithe New Road, London, London
- Brunel Road, London, London
- Brunel Road, London
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every SE16 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in SE
What homes of each size actually sold for across the SE area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £516,250 | £795,000 (+54%) | £1,325,000 (+67%) | £2,025,000 (+53%) |
| Semi-detached | £375,000 | £480,000 (+28%) | £613,025 (+28%) | £870,000 (+42%) | £1,390,000 (+60%) |
| Terraced | £405,000 | £475,000 (+17%) | £630,000 (+33%) | £878,697 (+39%) | £1,275,000 (+45%) |
| Flat | £345,000 | £465,000 (+35%) | £645,000 (+39%) | £885,000 (+37%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the SE area is the point: the same five years treated these districts very differently.
SE area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in SE16
A few minutes' walk can separate two very different markets. Here are SE16's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SE16 3 | £340,000 | 26 |
| SE16 4 | £495,000 | 29 |
| SE16 5 | £490,000 | 31 |
| SE16 6 | £525,000 | 19 |
| SE16 7 | £457,200 | 36 |
Zoom out to the full SE16 district report for the type split, monthly volumes and how SE16 compares with its neighbours.
Selling a home in SE16 2? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SE16 2, use the average prices map for a rough value: zoom from SE16 2's shading down to the sold homes on your own street. The figures above are every recorded SE16 2 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SE16 2.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to SE16 2. Free after a one click sign in.
See every individual SE16 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.