At a Glance
Average Property Price - SE16
£513,583
82
National percentile
Average Monthly Rent - SE
£2,081
92
National percentile
Average Net Household Income - SE16
£53,419
94
National percentile
Flat / Maisonette Yield - SE
4.9%
20
National percentile
10-Year Annualised Price Growth - SE16
0.9%
3
National percentile
10-Year Annualised Rent Growth - SE
3.6%
31
National percentile
Property Price & Volume Trends
The average property price of £514,000 places SE16 among the most expensive nationally. However, the district has experienced notably weak long-term growth, with prices rising just 0.9% annually over the past decade—among the slowest in the UK. Transaction activity has fallen below its historic trend, with 407 sales last year compared to an average of 511 over the preceding ten years.
Rent & Yield Trends
Rents in the broader SE postcode area average £2,081 per month, placing them among the highest nationally. Rental growth has been modest at 3.6% annually over ten years, running well below the national pace. Yields have improved noticeably, rising to 4.9% in the latest year from a ten-year average of 3.8%, signalling a strengthening rental return relative to capital values.
Income & Affordability Trends
Household income in SE16 is substantially above the national average at £53,419, placing the area among the highest-earning neighbourhoods in England. Despite strong earnings, property affordability has deteriorated: the price-to-income ratio stands at 9.8x, though this represents a marked improvement from 11.4x in 2016. Rental affordability has also improved, with rents now consuming 42.7% of income versus 46.6% a decade ago.
Resident Demographic Profile
SE16 has a distinctly younger population profile, with those aged 25–34 comprising 27.3% of residents—nearly double the national average. Conversely, the 50–64 and 65+ age groups are significantly underrepresented. Housing tenure is dominated by private renting (32.8%) and social renting (38.6%), far exceeding national norms, while outright ownership (9.2%) is markedly rare. The workforce is skewed heavily towards professionals (32.3%), while trades (5.1%) and plant/machine roles (3.6%) are notably scarce.