Local market reports › SE area › SE16
Rotherhithe market report SE16, London
The SE16 (Rotherhithe) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 23,493 registered sales in SE16 (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.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in SE16 (London) came in at £450,000, out of 154 registered, down 3% on five years earlier, and the mean stands at £485,400, and by floor area homes here have averaged about £7,280 per square metre over the last five years. The record behind it is 23,493 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
The postcode district SE16 covering Rotherhithe, Bermondsey, Surrey Quays sits in London. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where SE16 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 a home in SE16 sells for
154 sales were registered in SE16 in 2026, and the middle one of them, the median, went for £450,000. The mean works out at £485,400, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in SE16
The last five years of sales put SE16 at roughly £7,280 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
For scale: the England and Wales median is £285,000, so SE16 trades 58% above the country as a whole.
The price of a typical SE16 home, 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 | £450,000 | £450,000 | 154 |
| 2025 | £480,000 | £491,478 | 471 |
| 2024 | £490,000 | £520,971 | 496 |
| 2023 | £495,000 | £543,884 | 483 |
| 2022 | £485,500 | £569,304 | 542 |
| 2021 | £465,000 | £588,750 | 525 |
| 2020 | £475,000 | £616,322 | 306 |
| 2019 | £460,800 | £603,999 | 454 |
| 2018 | £496,000 | £661,177 | 553 |
| 2017 | £503,500 | £686,723 | 673 |
| 2016 | £445,000 | £622,559 | 675 |
| 2015 | £436,300 | £616,492 | 808 |
| 2014 | £405,000 | £574,563 | 887 |
| 2013 | £343,000 | £493,543 | 1,045 |
| 2012 | £307,600 | £452,749 | 632 |
| 2011 | £300,000 | £452,885 | 628 |
| 2010 | £300,000 | £470,477 | 669 |
| 2009 | £272,800 | £438,528 | 418 |
| 2008 | £280,000 | £458,979 | 487 |
| 2007 | £280,000 | £474,958 | 981 |
| 2006 | £234,000 | £406,194 | 892 |
| 2005 | £235,000 | £418,205 | 873 |
| 2004 | £225,000 | £408,644 | 955 |
| 2003 | £210,000 | £386,871 | 916 |
| 2002 | £195,000 | £366,891 | 1,079 |
| 2001 | £180,000 | £346,041 | 1,165 |
| 2000 | £155,000 | £304,188 | 1,040 |
| 1999 | £135,000 | £269,048 | 1,238 |
| 1998 | £116,800 | £235,769 | 1,002 |
| 1997 | £98,200 | £201,388 | 946 |
| 1996 | £80,000 | £168,716 | 832 |
| 1995 | £78,900 | £171,516 | 668 |
In cash terms the typical SE16 home went from £78,900 in 1995 to £450,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 162%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2017; the current median sits about 34% 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 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 (+22.8% on the year before); the weakest, 2019 (−7.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SE16 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −6.3% | −8.4% |
| 5 years (since 2021) | −0.7% | −5.2% |
| 10 years (since 2016) | +0.1% | −3.2% |
| 20 years (since 2006) | +3.3% | +0.5% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 83% of the typed total. In 2017, the last year both were recorded here, a detached home traded at £680,000 against £485,000 for a flat, a 40% premium.
Median by property type, SE16
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £680,000 (2017) | – | 41 |
| Semi-detached | £730,000 (2025) | – | 519 |
| Terraced | £800,000 | 13 | 3,414 |
| Flats | £425,000 | 139 | 19,465 |
Sales activity in SE16
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.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
SE16 recorded 333 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 988 sales a year before the financial crisis and 429 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.
What homes rent for around SE16
For renting purposes SE16 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.
Against the £450,000 median purchase price, a rent of £2,394 a month (£28,728 a year) works out at a 6.4% 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.
Asked and answered: SE16 (Rotherhithe)
Is SE16 (Rotherhithe) a good place to buy a house?
How much did a house sell for in SE16 (Rotherhithe)?
Are property prices falling in SE16 (Rotherhithe)?
What happens to SE16 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is down 3% over five years in cash but down 24% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
SE16's current homes for sale
Everything above is what homes in SE16 sold for. This is what you could actually buy today: 93 homes currently on the market from 9 agents publishing to HomesIndex, at a typical asking price 1% below the SE16 median sold price.
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
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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.
Bedroom by bedroom: SE prices by size
What homes of each size actually sold for across the SE area, 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
SE16 ranks 20 of 28 in the SE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, SE area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside SE16, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SE16 2 | £360,000 | 13 |
| 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 |
How SE16 compares nearby
Same city, different markets. The neighbouring districts of the SE area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SE24 | £648,200 | -6% |
| SE22 | £620,000 | -3% |
| SE21 | £608,500 | -10% |
| SE4 | £562,500 | +0% |
| SE1 | £550,000 | -21% |
| SE27 | £550,000 | +5% |
| SE3 | £520,000 | +3% |
| SE15 | £520,000 | -2% |
| SE10 | £507,500 | -14% |
| SE7 | £505,000 | +4% |
| SE17 | £505,000 | +1% |
| SE26 | £500,000 | +9% |
| SE23 | £498,900 | +4% |
| SE5 | £487,500 | +4% |
| SE11 | £475,000 | -15% |
| SE9 | £472,800 | +6% |
| SE12 | £460,000 | +2% |
| SE6 | £450,000 | +3% |
| SE16 (this report) | £450,000 | -3% |
| SE14 | £446,200 | -6% |
| SE19 | £441,500 | -2% |
| SE13 | £435,000 | +1% |
| SE2 | £425,000 | +14% |
| SE18 | £415,000 | +2% |
Selling a home in SE16? 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, use the average prices map for a rough value: zoom from SE16's shading down to the sold homes on your own street. The figures above are every recorded SE16 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working SE16: the featured spot on this report is free for founding agents, one per district. Claim SE16.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SE16. Free, with a one click sign in.
See every individual SE16 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.
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.