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SE16 5EQ

Somerville Point, London, SE16

£450,000
£34,000 below fair value
2 Beds
2 Baths
73 m² Floor area
Type Flat
Listed 11 Sep 2026
Price per m² £6,507 / m²

Living in London are proud to present this spacious two-bedroom, two-bathroom apartment set on the banks of the River Thames on the popular Rotherhithe Street.

Offered chain free, this well-proportioned property spans approximately 788 sq ft and benefits from a large private terrace with stunning views towards Canary Wharf. The apartment comprises two generous double bedrooms, a semi-separate kitchen, and a bright and spacious living room which opens directly onto the impressive terrace, creating an ideal space for relaxing or entertaining.

Canada Water Station provides swift connections to central London, while the surrounding Rotherhithe Peninsula offers a fantastic selection of independent cafés, restaurants, and charming riverside pubs. Dedicated cycle lanes located just metres from the apartment also offer easy access to both central London and Greenwich.

Canada Water is currently at the heart of a multi-billion-pound regeneration project that promises to transform the area with new homes, shops, restaurants, leisure facilities, and community spaces. Investing here means not only securing a beautiful home but also becoming part of a dynamic and rapidly growing community.

The area also benefits from lots of green spaces with Stave Hill ecological park, Southwark Park and Russia Dock Woodland all close by.

Service Charge : £2,750 pa approx
Ground Rent : £300 pa
Lease Length : 972 years remaining
Secure Parking
EWS1: Rated B1 

How the asking price has moved

Sep 2026
£475,000
Listed at original asking price
Sep 2026
£450,000
Current asking price

Prices, costs and transport nearby

What homes within 400 m sold for since Nov 2023, by type. Source: HM Land Registry.

Type Median Middle 80%
Flat This home
Median
90 sales
Terraced
Median
19 sales
Semi-Detached
Median
2 sales
Detached
No sales nearby

Most recent sales

Address Sold price Date Type
Flat 29, SOMERVILLE POINT, 305 ROTHERHITHE STREET, SE16 5EQ £750,000 Aug 2026 Flat
Flat 4, RODNEY POINT, 309 ROTHERHITHE STREET, SE16 5HA £425,000 Aug 2026 Flat
Flat 44, SOMERVILLE POINT, 305 ROTHERHITHE STREET, SE16 5EQ £700,000 Jun 2026 Flat
2 HOLYOAKE COURT, SE16 5HJ £765,000 Apr 2026 Flat
Flat 26, SOMERVILLE POINT, 305 ROTHERHITHE STREET, SE16 5EQ £505,000 Apr 2026 Flat
Flat 31, SOMERVILLE POINT, 305 ROTHERHITHE STREET, SE16 5EQ £545,000 Mar 2026 Flat
Flat 86, STANTON HOUSE, 620 ROTHERHITHE STREET, SE16 5DJ £340,000 Mar 2026 Flat
1E 1F HOLYOAKE COURT, SE16 5HJ £475,000 Jan 2026 Flat
Flat 34, SOMERVILLE POINT, 305 ROTHERHITHE STREET, SE16 5EQ £525,000 Dec 2025 Flat
Flat 14, HARWOOD POINT, 307 ROTHERHITHE STREET, SE16 5HD £557,500 Oct 2025 Flat
Flat 10, SOMERVILLE POINT, 305 ROTHERHITHE STREET, SE16 5EQ £560,000 Aug 2025 Flat
Flat 12A, STANTON HOUSE, 620 ROTHERHITHE STREET, SE16 5DJ £460,000 May 2025 Flat
Flat 7, BRYAN HOUSE, ROTHERHITHE STREET, SE16 5HB £345,000 Mar 2025 Flat
Flat 12, SOMERVILLE POINT, 305 ROTHERHITHE STREET, SE16 5EQ £730,000 Mar 2025 Flat
1A 1B HOLYOAKE COURT, SE16 5HJ £430,000 Dec 2024 Flat
Source: HM Land Registry · within 200 m · most recent first

Somerville Point, London, SE16

Asking price
£450,000
£34,000 below fair value
Our fair price estimate £484,000
Price per m² £6,507 / m²
Fair price = nearby sold prices per m² × UK HPI × 73 m² floor area (EPC-declared). Source: Land Registry, EPC & UK HPI.
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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 73 m². Updated daily.

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