£405,000
Flats sold in New Cross Gate
Half of similar homes sold within the box; most sold within the wider line.
An indicative model estimate, not a survey or formal valuation.
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 .
No recorded sales for this property in HM Land Registry data.
Based on 65 recent sales, the median property price is £372,500 (about £614 per square foot) in New Cross Gate area, with individual transactions ranging from £171,000 up to £985,000.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Terraced | 23 | £770,000 | £703 |
| Semi-Detached | 1 | £565,000 | £664 |
| Flats | 41 | £270,000 | £571 |
Sale price
| Year | Flats | Terraced |
|---|---|---|
| 2016 | £279,000 | £675,000 |
| 2017 | £236,750 | £645,000 |
| 2018 | £277,000 | £592,500 |
| 2019 | £261,000 | £643,500 |
| 2020 | £280,000 | £705,000 |
| 2021 | £297,500 | £757,500 |
| 2022 | £292,000 | £750,000 |
| 2023 | £308,750 | £722,130 |
| 2024 | £247,500 | £637,500 |
| 2025 | £290,000 | £763,500 |
| 2026 | £236,500 | £790,000 |
Price per sq ft
| Year | Flats | Terraced |
|---|---|---|
| 2016 | £528 | £574 |
| 2017 | £567 | £595 |
| 2018 | £554 | £592 |
| 2019 | £550 | £563 |
| 2020 | £579 | £644 |
| 2021 | £563 | £678 |
| 2022 | £608 | £689 |
| 2023 | £548 | £661 |
| 2024 | £542 | £634 |
| 2025 | £567 | £686 |
| 2026 | £553 | £722 |
There were 39 recent sold properties in the last 18 months near SE16 2PY.
| Date | Address | Type | Tenure | Price | Map |
|---|---|---|---|---|---|
| 09 May 2025 | 74, St Helena Road, London, SE16 2QX | Flats | Leasehold | £330,000 | |
| 28 Nov 2025 | Flat 45, Balman House, Rotherhithe New Road, London, SE16 2AF | Flats | Leasehold | £325,000 | |
| 12 May 2026 | Flat 37, Tissington Court, Rotherhithe New Road, London, SE16 2AQ | Flats | Leasehold | £353,000 | |
| 22 Dec 2025 | Flat 14, Albert Starr House, Haddonfield, London, SE8 5AS | Flats | Leasehold | £255,000 | |
| 01 Sept 2025 | 28A, Rotherhithe New Road, London, SE16 2AD | Flats | Leasehold | £565,000 |
| Address | Tenure | Floor area | Last sale |
|---|---|---|---|
| Flat 1, 1, Concorde Way, London | Leasehold | 59 m² | £520,000 (2024) |
| Flat 2, 1, Concorde Way, London | Leasehold | 69 m² | £110,000 (2014) |
| Flat 3, 1 Concorde Way, London | - | 63 m² | - |
| Flat 4, 1, Concorde Way, London | Leasehold | 70 m² | £103,500 (2013) |
| Flat 5, 1, Concorde Way, London | Leasehold | 58 m² | £157,500 (2019) |
| Flat 6, 1, Concorde Way, London | Leasehold | 69 m² | £405,500 (2016) |
| Flat 7, 1 Concorde Way, London, London | - | 71 m² | - |
| Flat 8, 1, Concorde Way, London | - | 65 m² | - |
| Flat 9, 1 Concorde Way, London | Leasehold | 67 m² | £156,000 (2023) |
| Flat 10, 1 Concorde Way, London | Leasehold | 64 m² | £87,500 (2015) |
Postcode SE16 2PY is located in a major urban area, within the New Cross Gate ward of Lewisham in the London region, and forms part of the Silwood & Pepys area. It has high deprivation and average crime levels, with around 65.2 crimes per 1,000 residents per year, about 50% below the London average of 130 per 1,000. The average income per household in Silwood & Pepys is £80,087 per year. The nearest station is Surrey Quays, about 0.2 miles away. There are 13 primary and 3 secondary schools in the area. There are 5 parks nearby, the closest large park is Southwark Park.
Silwood & Pepys has a high level of deprivation, ranked at position 7,280 out of 32,844 areas in the United Kingdom, placing it within the top 22% most deprived areas in England.
Silwood & Pepys has an average crime rate, with approximately 65.2 reported incidents per 1,000 population each year.
Approximately 65.9% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 40.2% of dwellings are socially rented.
The average income per household in Silwood & Pepys is £80,087 per year.
Moderate noise level (65.0-69.9 dB) from road, approximately 302 ft away from SE16 2PY.
Silwood & Pepys near SE16 2PY has very low flood risk (less than 0.1% chance of a flood each year) from rivers and sea.
The nearest station is Surrey Quays located about 0.2 miles away. There are 5 stations nearby.
| Distance | Zone | Name | Lines | Directions |
|---|---|---|---|---|
| 0.2 mi | 2 | Surrey Quays | Overground | Walking directions to Surrey Quays |
| 0.4 mi | 2 | South Bermondsey | Southern | Walking directions to South Bermondsey |
| 0.5 mi | 2 | Canada Water | Jubilee, Overground | Walking directions to Canada Water |
| Distance | Name | Size | Directions |
|---|---|---|---|
| 0.5 mi | Southwark Park | Large | Walking directions to Southwark Park |
| 0.4 mi | Deptford Park | Medium | Walking directions to Deptford Park |
| 0.4 mi | Podium Garden | Small | Walking directions to Podium Garden |
In the SE16 2PY postcode area, located within Silwood & Pepys, there are 13 primary and 3 secondary schools in close proximity.
15 nearby supermarkets & convenience stores within mi of SE16 2PY
| Distance | Name | Address | Directions |
|---|---|---|---|
| 0.1 mi | Lidl | 159 Bestwood Street, London, SE8 5AB | Walking directions to Lidl |
| 0.2 mi | Surrey Meat And Grocery Store | Lower Road, Southwark, SE16 2UF | Walking directions to Surrey Meat And Grocery Store |
| 0.2 mi | Food Mart | 276 Lower Road, London, SE8 5DJ | Walking directions to Food Mart |
| 0.2 mi | African Food & Mobiles | Lower Road, Southwark, SE16 2UF | Walking directions to African Food & Mobiles |
| 0.3 mi | Costcutter | 173-175 Rotherhithe New Road, London, SE16 2BE | Walking directions to Costcutter |