Property profile

Flat 23 Parker BuildingFreda Street

SE16 4ED

North Bermondsey

Area profile →

Map showing Flat 23 Parker Building, Freda Street, London

Estimated sale price

£475,000

Flats sold in North Bermondsey

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold13 Feb 2014
£405,000Change since last sale: +£69,000 (+17%)
Annualised change
+1.3% per yearSouthwark annualised change (flats) since 2014: +1.8% per yearThis property's value grew slower than the market
Price per sq ftLocal median £795 per sq ft
£612 per sq ftEstimate vs local median: −£183 per sq ft (−23%)
Local sold pricesMedian for flats in North Bermondsey
£552,500Estimate vs local median: −£78,000 (−14%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Detached
TenureLeasehold
Floor area72 m² / 775 sq ft
Floor level2
EPC ratingB
EPC inspection19 Nov 2013

Sales history

DatePriceChange
13 Feb 2014£405,000-

Local market

Property prices in North Bermondsey

Median price£570,000
Price per sq ft£777
Sales (last 12 months)134
Typical range (middle 50%)£441K – £748K

Based on 134 recent sales, the median property price is £570,000 (about £777 per square foot) in North Bermondsey area, with individual transactions ranging from £112,500 up to £2,975,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in North Bermondsey over the last year.
TypeSalesMedian£/sq ft
Terraced7£712,500£665
Detached1£645,000£1,070
Semi-Detached2£608,500£562
Flats124£552,500£795

10-year price trendmedian sale price in North Bermondsey

Sale price

Ten year median sale price trend for each property type in North Bermondsey.
YearFlatsTerraced
2016£472,500£622,500
2017£572,500£721,250
2018£573,750£700,000
2019£561,750£590,000
2020£535,750£824,500
2021£550,000£777,500
2022£560,000£890,000
2023£587,500£925,000
2024£570,000£741,000
2025£565,000£900,000
2026£497,500
Ten year median sale price trend for each property type in North Bermondsey.

Price per sq ft

Ten year median sale price per square foot trend for each property type in North Bermondsey.
YearFlatsTerraced
2016£743£540
2017£870£633
2018£808£680
2019£809£668
2020£780£784
2021£829£761
2022£832£767
2023£801£803
2024£858£765
2025£807£695
2026£789
Ten year median sale price per square foot trend for each property type in North Bermondsey.

Price distribution by property typelast 12 months

Price distribution by property type for North Bermondsey in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near SE16 4ED.

Recent sold properties in the last 18 months near SE16 4ED
DateAddressTypeTenurePriceMap
01 Apr 2026Flat 26, Parker Building, Freda Street, London, SE16 4EDFlatsLeasehold£397,000
30 Jan 2026Flat 61, Parker Building, Freda Street, London, SE16 4EDFlatsLeasehold£191,250
02 Oct 2025Flat 57, Parker Building, Freda Street, London, SE16 4EDFlatsLeasehold£395,000
25 Sept 2025Flat 2, Parker Building, Freda Street, London, SE16 4EDFlatsLeasehold£725,000
27 Aug 2025Flat 58, Parker Building, Freda Street, London, SE16 4EDFlatsLeasehold£545,000

Other properties at this postcode

Area insights for SE16 4ED

Full area profile →

Overview

Postcode SE16 4ED is located in a major urban area, within the North Bermondsey ward of Southwark in the London region, and forms part of the Bermondsey East area. It has high deprivation and average crime levels, with around 74.5 crimes per 1,000 residents per year, about 43% below the London average of 130 per 1,000. The average income per household in Bermondsey East is £66,898 per year. The nearest station is Bermondsey, about 0.2 miles away. There are 12 primary and 5 secondary schools in the area. There are 5 parks nearby, the closest small park is Bermondsey Spa Gardens.

Crime rate
6/10
Crimes per 1k residents
74
Deprivation level
8/10
Income level
3/10
Social housing
22.4%
Connectivity
6/10
Flood Risk
Very low
Noise Level
High

Deprivation level

8/10

Bermondsey East has a high level of deprivation, ranked at position 8,067 out of 32,844 areas in the United Kingdom, placing it within the top 25% most deprived areas in England.

Crime level

6/10

Bermondsey East has an average crime rate, with approximately 74.5 reported incidents per 1,000 population each year.

Social housing

22.4%

Approximately 22.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 45.4% of dwellings are socially rented.

Income level

3/10

The average income per household in Bermondsey East is £66,898 per year.

Noise Level

High

High noise level (70.0-74.9 dB) from road, approximately 19 ft away from SE16 4ED.

Flood risk

Very low

Bermondsey East near SE16 4ED has very low flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

6/10

The nearest station is Bermondsey located about 0.2 miles away. There are 5 stations nearby.

Nearby public transport stations for SE16 4ED
DistanceZoneNameLinesDirections
0.2 mi

2

Bermondsey

Jubilee

Walking directions to Bermondsey
0.7 mi

2

Wapping

Overground

Walking directions to Wapping
0.8 mi

2

Rotherhithe

Overground

Walking directions to Rotherhithe

Parks

Nearby parks and green spaces for SE16 4ED
DistanceNameSizeDirections
0.3 miBermondsey Spa GardensSmallWalking directions to Bermondsey Spa Gardens
0.5 miTanner Street ParkSmallWalking directions to Tanner Street Park
0.5 miSt. John's ChurchyardSmallWalking directions to St. John's Churchyard

Area Profile

Population
493
Population density
38,740.2 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
38.06(+42%)
Theft from the person
19.03(+103%)
Violence and sexual offences
18.62(-40%)
Other theft
8.69(-24%)
Robbery
5.38(+51%)
London average

Demographics

Ethnic groups

British
152
30.77%
Other White
133
26.92%
African
49
9.92%
Other Asian
27
5.47%
Indian
23
4.66%
Total population: 494

Economics

Education (age 16+)

Level 4+ (Degree)
303
73.01%
Level 3 (A level)
33
7.95%
No qualifications
32
7.71%
Level 2 (GCSEs 9-4)
20
4.82%
Level 1 (GCSEs 3-1)
11
2.65%
Total 16+ residents: 415

Housing

Housing tenure

Private landlord or letting agency
65
28.02%
Other social rented
52
22.41%
Shared ownership
47
20.26%
Owns with a mortgage
40
17.24%
Owns outright
21
9.05%
Total households: 232

Schools

In the SE16 4ED postcode area, located within Bermondsey East, there are 12 primary and 5 secondary schools in close proximity.

Nearby primary and secondary schools for SE16 4ED
DistancePhaseNameTypeRating
0.0 miPrimarySt Joseph's Catholic Primary SchoolAcademy converter

N/A

0.1 miPrimarySt James' Church of England Primary SchoolVoluntary aided school

Good

0.1 miSecondarySt Michael's Catholic CollegeAcademy converter

N/A

Local amenities

15 nearby supermarkets & convenience stores within mi of SE16 4ED

Nearby supermarkets & convenience stores for SE16 4ED
DistanceNameAddressDirections
0 miTesco Express78 Jamaica Road, London, SE16 4BAWalking directions to Tesco Express
0.2 miCo-op Food150 Spa Road, London, SE16 4AUWalking directions to Co-op Food
0.2 miNatooraSouthwark, SE16 3AGWalking directions to Natoora
0.2 miFranks Self ServiceJamaica Road, Southwark, SE16 4SJWalking directions to Franks Self Service
0.2 miCo-op Food1-3 Mill Street, London, SE1 2DEWalking directions to Co-op Food