Property profile

Apartment 6Folajimi Apartments, 22 Alexis Street

SE16 3XG

South Bermondsey

Area profile →

Map showing Apartment 6, Folajimi Apartments, 22 Alexis Street, London

Estimated sale price

£590,000

Flats sold in South 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 sold28 Feb 2025
£605,000Change since last sale: −£17,000 (−2.8%)
Annualised change
−2.0% per yearSouthwark annualised change (flats) since 2025: −1.0% per yearThis property's value fell faster than the market
Price per sq ftLocal median £619 per sq ft
£758 per sq ftEstimate vs local median: +£139 per sq ft (+22%)
Local sold pricesMedian for flats in South Bermondsey
£378,000Estimate vs local median: +£210,000 (+56%)
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
Floor area72 m² / 775 sq ft
Floor level2
EPC ratingB
EPC inspection06 Jan 2024

Sales history

DatePriceChange
28 Feb 2025£605,000-

Local market

Property prices in South Bermondsey

Median price£410,000
Price per sq ft£655
Sales (last 12 months)95
Typical range (middle 50%)£332K – £597K

Based on 95 recent sales, the median property price is £410,000 (about £655 per square foot) in South Bermondsey area, with individual transactions ranging from £108,500 up to £1,067,040.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in South Bermondsey over the last year.
TypeSalesMedian£/sq ft
Terraced20£745,000£792
Semi-Detached1£669,000£818
Flats74£378,000£619

10-year price trendmedian sale price in South Bermondsey

Sale price

Ten year median sale price trend for each property type in South Bermondsey.
YearFlatsTerraced
2016£343,000£540,000
2017£360,000£640,000
2018£332,500£710,000
2019£350,000£605,000
2020£373,000£657,500
2021£350,500£700,000
2022£427,500£630,008
2023£440,000£780,000
2024£388,500£700,000
2025£396,000£756,250
2026£341,500£700,000
Ten year median sale price trend for each property type in South Bermondsey.

Price per sq ft

Ten year median sale price per square foot trend for each property type in South Bermondsey.
YearFlatsTerraced
2016£609£678
2017£658£745
2018£633£716
2019£605£717
2020£632£711
2021£637£762
2022£632£787
2023£644£780
2024£660£742
2025£637£735
2026£600£838
Ten year median sale price per square foot trend for each property type in South Bermondsey.

Price distribution by property typelast 12 months

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

Recent sales

There were 50+ recent sold properties in the last 18 months near SE16 3XG.

Recent sold properties in the last 18 months near SE16 3XG
DateAddressTypeTenurePriceMap
28 Mar 202520, Folajimi Apartments, 22, Alexis Street, London, SE16 3XGFlatsLeasehold£590,000
28 Feb 20256, Folajimi Apartments, 22, Alexis Street, London, SE16 3XGFlatsLeasehold£605,000
29 May 2026173, Southwark Park Road, London, SE16 3TXFlatsLeasehold£359,000
31 Mar 202521, Abbey Gardens, London, SE16 3RQTerracedFreehold£440,000
14 Mar 202523, Abbey Gardens, London, SE16 3RQTerracedFreehold£430,000

Other properties at this postcode

Area insights for SE16 3XG

Full area profile →

Overview

Postcode SE16 3XG is located in a major urban area, within the South Bermondsey ward of Southwark in the London region, and forms part of the South Bermondsey Central area. It has very high deprivation and very high crime levels, with around 117 crimes per 1,000 residents per year, in line with the London average of 130 per 1,000. The average income per household in South Bermondsey Central is £65,875 per year. The nearest station is Bermondsey, about 0.4 miles away. There are 11 primary and 5 secondary schools in the area. There are 3 parks nearby, the closest small park is Bermondsey Spa Gardens.

Crime rate
9/10
Crimes per 1k residents
117
Deprivation level
9/10
Income level
3/10
Social housing
60.7%
Connectivity
6/10
Flood Risk
No risk
Noise Level
High

Deprivation level

9/10

South Bermondsey Central has a very high level of deprivation, ranked at position 4,428 out of 32,844 areas in the United Kingdom, placing it within the top 13% most deprived areas in England.

Crime level

9/10

South Bermondsey Central has a very high crime rate, with approximately 117 reported incidents per 1,000 population each year.

Social housing

60.7%

Approximately 60.7% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 43.1% of dwellings are socially rented.

Income level

3/10

The average income per household in South Bermondsey Central is £65,875 per year.

Noise Level

High

High noise level (70.0-74.9 dB) from road, approximately 128 ft away from SE16 3XG.

Flood risk

No risk

South Bermondsey Central near SE16 3XG has no 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 0.4 miles away. There are 5 stations nearby.

Nearby public transport stations for SE16 3XG
DistanceZoneNameLinesDirections
0.4 mi

2

Bermondsey

Jubilee

Walking directions to Bermondsey
0.6 mi

2

South Bermondsey

Southern

Walking directions to South Bermondsey
0.8 mi

2

Canada Water

Jubilee, Overground

Walking directions to Canada Water

Parks

Nearby parks and green spaces for SE16 3XG
DistanceNameSizeDirections
0.4 miBermondsey Spa GardensSmallWalking directions to Bermondsey Spa Gardens
0.3 miPaterson ParkSmallWalking directions to Paterson Park
0.2 miShuttleworth ParkSmallWalking directions to Shuttleworth Park

Area Profile

Population
299
Population density
9,143.7 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
44.97(+45%)
Anti-social behaviour
38.83(+45%)
Other theft
12.77(+12%)
Vehicle crime
12.77(+36%)
Theft from the person
9.2(-2%)
London average

Demographics

Ethnic groups

British
127
42.33%
Other White
52
17.33%
African
32
10.67%
Other
18
6%
Caribbean
15
5%
Total population: 300

Economics

Education (age 16+)

Level 4+ (Degree)
102
40.16%
No qualifications
50
19.69%
Level 3 (A level)
29
11.42%
Level 2 (GCSEs 9-4)
26
10.24%
Other
19
7.48%
Total 16+ residents: 254

Housing

Housing tenure

Social rents from council
98
60.12%
Private landlord or letting agency
36
22.09%
Owns with a mortgage
15
9.2%
Owns outright
9
5.52%
Other forms of private rent
4
2.45%
Total households: 163

Schools

In the SE16 3XG postcode area, located within South Bermondsey Central, there are 11 primary and 5 secondary schools in close proximity.

Nearby primary and secondary schools for SE16 3XG
DistancePhaseNameTypeRating
0.1 miNot applicableSpa School, BermondseyAcademy special converter

Outstanding

0.2 miSecondaryHarris Academy BermondseyAcademy sponsor led

Outstanding

0.3 miSecondaryCity of London Academy (Southwark)Academy sponsor led

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of SE16 3XG

Nearby supermarkets & convenience stores for SE16 3XG
DistanceNameAddressDirections
0 miSt. James Supermarket191 Southwark Park Road, London, SE16 3TXWalking directions to St. James Supermarket
0.1 miTesco Express186-188 Southwark Park Road, London, SE16 3RPWalking directions to Tesco Express
0.1 miSainsbury's193-221 Southwark Park Road, London, SE16 3TUWalking directions to Sainsbury's
0.1 miKhadie Afro Foods LtdLinsey Street, Southwark, SE16 3YDWalking directions to Khadie Afro Foods Ltd
0.1 miIceland222-226 Southwark Park Road, London, SE16 3RWWalking directions to Iceland