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£70,000 below fair value

SE16 3FN

Rotherhithe New Road, London, SE16

3 Beds
2 Baths
98 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £500,000
Price per m² £5,102 / m²

Laid out across two floors, the apartment benefits from a well-balanced arrangement that clearly defines living and sleeping areas, creating a home that feels both practical and impressively spacious. The accommodation includes three comfortable bedrooms, two modern bathrooms, and a separate WC, alongside a striking open-plan living and dining space that has been finished to a high standard and opens onto a private balcony, ideal for relaxing or entertaining.

Residents enjoy the added convenience of a 24-hour concierge, a residents’ gym, and attractive communal roof gardens, while excellent transport links are close at hand via Bermondsey Underground Station and South Bermondsey railway station. Offered chain free.

Tenure: Leasehold
Underlying Lease Length: 990 years from 3016
Annual Service Charge: £800 annually
Annual Ground Rent: £4 400 annually
Council Tax Band: E
Southwark

How the asking price has moved

May 2026
£500,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Source: HM Land Registry · SE16 3FN · Sorted by date

Rotherhithe New Road, London, SE16

Our fair price estimate
£570,000
Nearby sold prices per m² × UK HPI × 98 m² floor area (EPC-declared)
Asking price £500,000
Fair price £570,000
Difference ↓ £70,000 under
Price per m² £5,102 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 98 m². Updated daily.