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Rotherhithe market report SE16 3, London
The SE16 3 (Rotherhithe) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 3,882 registered sales in SE16 3 (London) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for SE16 3 (London) is £340,000, from 26 registered sales, down 13% on five years earlier; the mean is £356,700, and by floor area homes here have averaged about £6,830 per square metre over the last five years. Behind the figures sit 3,882 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like SE16 3 is a single group of streets within SE16 (London), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where SE16 3 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.
The going rate for a home in SE16 3
Across 26 registered 2026 sales, the typical (median) SE16 3 home went for £340,000. The mean is £356,700, practically level with it: prices here bunch tightly around the middle.
SE16 3 prices by floor area
Averaged across five years of sales, floor space in SE16 3 costs about £6,830 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.
England and Wales as a whole trade at a £285,000 median, leaving SE16 3 19% above the national figure.
SE16 3's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £340,000 | £340,000 | 26 |
| 2025 | £425,000 | £435,163 | 93 |
| 2024 | £472,500 | £502,365 | 114 |
| 2023 | £490,000 | £538,390 | 101 |
| 2022 | £460,000 | £539,402 | 131 |
| 2021 | £390,000 | £493,790 | 112 |
| 2020 | £380,000 | £493,058 | 51 |
| 2019 | £298,000 | £390,607 | 118 |
| 2018 | £373,000 | £497,216 | 75 |
| 2017 | £465,000 | £634,213 | 193 |
| 2016 | £339,000 | £474,264 | 86 |
| 2015 | £387,500 | £547,538 | 128 |
| 2014 | £408,000 | £578,819 | 200 |
| 2013 | £230,000 | £330,947 | 115 |
| 2012 | £213,000 | £313,509 | 88 |
| 2011 | £241,000 | £363,817 | 133 |
| 2010 | £246,000 | £385,791 | 145 |
| 2009 | £193,000 | £310,249 | 49 |
| 2008 | £189,000 | £309,811 | 65 |
| 2007 | £194,000 | £329,078 | 150 |
| 2006 | £165,000 | £286,419 | 133 |
| 2005 | £162,200 | £288,651 | 130 |
| 2004 | £166,500 | £302,397 | 182 |
| 2003 | £150,000 | £276,336 | 150 |
| 2002 | £134,500 | £253,061 | 151 |
| 2001 | £117,000 | £224,927 | 143 |
| 2000 | £90,000 | £176,625 | 144 |
| 1999 | £74,200 | £147,877 | 142 |
| 1998 | £62,000 | £125,151 | 116 |
| 1997 | £54,000 | £110,743 | 85 |
| 1996 | £60,000 | £126,537 | 200 |
| 1995 | £57,500 | £124,996 | 133 |
In cash terms the typical SE16 3 home went from £57,500 in 1995 to £340,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 172%, a genuine increase in what a home here costs. The real-terms peak came in 2017, and today's median remains roughly 46% under it: a 2017 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SE16 3 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 2014 (+77.4% on the year before); the weakest, 2019 (−20.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SE16 3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −20.0% | −21.9% |
| 5 years (since 2021) | −2.7% | −7.2% |
| 10 years (since 2016) | 0.0% | −3.3% |
| 20 years (since 2006) | +3.7% | +0.9% |
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.
How many homes change hands in SE16 3
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
SE16 3 recorded 26 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 148 sales a year before the financial crisis and 93 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Reading the SE16 3 market
This is a thin market: 26 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within SE16, this sector trades 24% below the district median: one of its district's cheaper corners.
What homes rent for around SE16 3
For renting purposes SE16 3 sits in Southwark. The ONS average private rent there is £2,394 a month (May 2026). 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.
£2,394 a month is £28,728 a year, which against the £340,000 median sold price makes a gross yield of 8.4%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
SE16 3 (Rotherhithe): the questions that come up
Are property prices falling in SE16 3 (Rotherhithe)?
Is SE16 3 (Rotherhithe) a good place to buy a house?
How much did a house sell for in SE16 3 (Rotherhithe)?
Are SE16 3 prices heading up or down?
The record answers a different question than "what happens next": the median is down 13% over five years in cash but down 31% 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
Turning to what is actually available: 93 homes on the market right now, from 9 agents publishing to HomesIndex.
These cover the whole SE16 district, not just SE16 3: live asking prices are collected per district.
40% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Flat 85, Tissington Court Rotherhithe New Road, London, London
- Brunel Road, London, London
- Brunel Road, London
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every SE16 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: SE prices by size
Real sold prices by size across the SE area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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.
Winners and losers across the SE area, five years
Cash-terms risers and fallers across the area; click any row for that district's full 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 2 | £360,000 | 13 |
| 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 3? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SE16 3, open the average prices map and zoom from the SE16 3 shading down to the sold homes on your own street. Every recorded SE16 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working SE16 3: the featured spot on this report is free for founding agents, one per district. Claim SE16 3.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SE16 3. Free, with a one click sign in.
Two maps carry on from here: every SE16 3 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.