Property profile

40 Capstan Way

Map showing 40 Capstan Way, London

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Estimated sale price

£265,000

Flats sold in Surrey Docks

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 sold26 Feb 2026
£241,000Change since last sale: +£25,000 (+10%)
Annualised change
+23% per yearSouthwark annualised change (flats) since 2026: −3.7% per yearThis property outperformed the market
Price per sq ftLocal median £672 per sq ft
£797 per sq ftEstimate vs local median: +£125 per sq ft (+19%)
Local sold pricesMedian for flats in Surrey Docks
£454,000Estimate vs local median: −£188,000 (−41%)
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 / Mid-Terrace
TenureLeasehold
Construction period1996-2002
Floor area31 m² / 334 sq ft
Rooms1 habitable / 1 heated
Floor level3
EPC ratingC
EPC inspection17 Sept 2025

Sales history

DatePriceChange
26 Feb 2026£241,000+46%
23 May 2008£165,000+40%
08 Aug 2003£118,000+63%
10 Sept 1999£72,500-

Local market

Property prices in Surrey Docks

Median price£505,000
Price per sq ft£700
Sales (last 12 months)121
Typical range (middle 50%)£375K – £610K

Based on 121 recent sales, the median property price is £505,000 (about £700 per square foot) in Surrey Docks area, with individual transactions ranging from £230,000 up to £960,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Surrey Docks over the last year.
TypeSalesMedian£/sq ft
Semi-Detached2£762,500£710
Terraced23£690,000£759
Flats96£454,000£672

10-year price trendmedian sale price in Surrey Docks

Sale price

Ten year median sale price trend for each property type in Surrey Docks.
YearFlatsSemi-DetachedTerraced
2016£475,500£530,000£746,500
2017£533,750£700,000£700,000
2018£500,000£614,975£675,000
2019£501,000£890,000£650,000
2020£468,500£610,250£697,500
2021£470,248£720,000£676,750
2022£477,500£665,000£767,500
2023£457,000£812,500£754,500
2024£459,975£750,000£746,000
2025£450,000£702,500£730,000
2026£425,000£645,000
Ten year median sale price trend for each property type in Surrey Docks.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Surrey Docks.
YearFlatsSemi-DetachedTerraced
2016£710£1,119£677
2017£697£868£768
2018£746£786£717
2019£716£686£740
2020£688£877£734
2021£668£847£777
2022£692£895£786
2023£681£843£828
2024£664£771£802
2025£709£821£783
2026£664£724
Ten year median sale price per square foot trend for each property type in Surrey Docks.

Price distribution by property typelast 12 months

Price distribution by property type for Surrey Docks in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near SE16 5HH.

Recent sold properties in the last 18 months near SE16 5HH
DateAddressTypeTenurePriceMap
26 Feb 202640, Capstan Way, London, SE16 5HHFlatsLeasehold£241,000
17 Apr 2026Flat 4, 16, Capstan Way, London, SE16 5HGFlatsLeasehold£250,000
22 Sept 2025Ground Floor Commercial Unit, Clipper Building, 562, Rotherhithe Street, London, SE16 5EXOtherLeasehold£825,000
06 May 2025Ground Floor Commercial Unit, Clipper Building, 562, Rotherhithe Street, London, SE16 5EXOtherLeasehold£825,000
25 Feb 20263, Timbrell Place, London, SE16 5HUFlatsLeasehold£395,000

Other properties at this postcode

AddressTenureFloor areaLast sale
35 Capstan Way, LondonLeasehold134 m²£326,000 (2006)
36 Capstan Way, London-124 m²-
37, Capstan Way, LondonLeasehold117 m²£750,000 (2014)
38, Capstan Way, LondonLeasehold33 m²£125,500 (2004)
39, Capstan Way, LondonLeasehold78 m²£332,000 (2007)
41 Capstan Way, LondonLeasehold78 m²£570,000 (2022)
42, Capstan Way, LondonLeasehold81 m²£392,500 (2013)
43, Capstan Way, London-77 m²-
44 Capstan Way, LondonLeasehold78 m²£550,000 (2018)
45 Capstan Way, LondonLeasehold66 m²£230,000 (2002)

Area insights for SE16 5HH

Full area profile →

Overview

Postcode SE16 5HH is located in a major urban area, within the Surrey Docks ward of Southwark in the London region, and forms part of the Surrey Quays area. It has average deprivation and low crime levels, with around 47.5 crimes per 1,000 residents per year, about 63% below the London average of 130 per 1,000. The average income per household in Surrey Quays is £90,287 per year. The nearest station is Heron Quays, about 0.6 miles away. There are 16 primary and 1 secondary schools in the area. There are 8 parks nearby, the closest large park is Russia Dock Woodland.

Crime rate
3/10
Crimes per 1k residents
47
Deprivation level
5/10
Income level
9/10
Social housing
61.2%
Connectivity
3/10
Flood Risk
Very low
Noise Level
No noise

Deprivation level

5/10

Surrey Quays has an average level of deprivation, ranked at position 18,633 out of 32,844 areas in the United Kingdom, placing it within the bottom 43% least deprived areas in England.

Crime level

3/10

Surrey Quays has a low crime rate, with approximately 47.5 reported incidents per 1,000 population each year.

Social housing

61.2%

Approximately 61.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 23.6% of dwellings are socially rented.

Income level

9/10

The average income per household in Surrey Quays is £90,287 per year.

Noise Level

No noise

No significant noise sources from railways or roads near SE16 5HH.

Flood risk

Very low

Surrey Quays near SE16 5HH has very low flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

3/10

The nearest station is Heron Quays located about 0.6 miles away. There are 5 stations nearby.

Nearby public transport stations for SE16 5HH
DistanceZoneNameLinesDirections
0.6 mi

2

Heron Quays

DLR

Walking directions to Heron Quays
0.6 mi

2

Westferry

DLR

Walking directions to Westferry
0.7 mi

2

Limehouse

C2C, DLR

Walking directions to Limehouse

Parks

Nearby parks and green spaces for SE16 5HH
DistanceNameSizeDirections
0.2 miRussia Dock WoodlandLargeWalking directions to Russia Dock Woodland
0.5 miRopemakers FieldsSmallWalking directions to Ropemakers Fields
0.2 miStave Hill Ecology ParkSmallWalking directions to Stave Hill Ecology Park

Area Profile

Population
367
Population density
9,972.8 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
17.26(-44%)
Anti-social behaviour
16.4(-39%)
Other theft
6.04(-47%)
Burglary
5.18(-5%)
Drugs
4.32(-30%)
London average

Demographics

Ethnic groups

British
166
44.62%
Other White
46
12.37%
African
32
8.6%
Other Asian
19
5.11%
Caribbean
18
4.84%
Total population: 372

Economics

Education (age 16+)

Level 4+ (Degree)
136
43.04%
No qualifications
72
22.78%
Level 3 (A level)
33
10.44%
Level 2 (GCSEs 9-4)
27
8.54%
Level 1 (GCSEs 3-1)
26
8.23%
Total 16+ residents: 316

Housing

Housing tenure

Other social rented
63
48.84%
Private landlord or letting agency
25
19.38%
Social rents from council
16
12.4%
Owns with a mortgage
14
10.85%
Owns outright
9
6.98%
Total households: 129

Schools

In the SE16 5HH postcode area, located within Surrey Quays, there are 16 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for SE16 5HH
DistancePhaseNameTypeRating
0.1 miPrimaryRedriff Primary SchoolAcademy converter

Outstanding

0.3 miSecondaryBacon's CollegeAcademy sponsor led

Good

0.3 miPrimarySt John's Roman Catholic Primary SchoolVoluntary aided school

Good

Local amenities

10 nearby supermarkets & convenience stores within mi of SE16 5HH

Nearby supermarkets & convenience stores for SE16 5HH
DistanceNameAddressDirections
0.1 miDocklands TraderSouthwark, SE16 5HUWalking directions to Docklands Trader
0.1 miTesco ExpressSilver Walk, Southwark, SE16 5EXWalking directions to Tesco Express
0.4 miCo-op Food346 Rotherhithe Street, London, SE16 5EFWalking directions to Co-op Food
0.4 miBest-oneSouthwark, SE16 5SWWalking directions to Best-one
0.4 miClifton Tradepoint27-29 Westferry Road, London, E14 8JHWalking directions to Clifton Tradepoint