# SE16 3EJ Area Summary
This postcode covers part of Rotherhithe in the London Borough of Southwark, a riverside area in southeast London that has undergone significant transformation over recent decades. The area sits along the Thames, with its historic maritime heritage now largely replaced by modern residential developments and waterside living. Rotherhithe benefits from excellent river views, proximity to Canada Water, and improving transport links including the Overground and Jubilee line connections.
The property market in SE16 3EJ shows an average price of £129,558 across 63 properties, which is notably below typical values for inner London postcodes. This figure likely reflects a preponderance of leasehold flats or shared ownership properties in the area, as outright purchases of standard residential properties in Rotherhithe typically command significantly higher prices. The postcode has attracted first-time buyers and investors due to ongoing regeneration around Canada Water and the wider Rotherhithe peninsula.
What makes this area particularly notable is its position within one of London's major regeneration zones, with substantial development planned around Canada Water and the former Surrey Docks. The area offers a blend of converted warehouse apartments, new-build developments, and established residential streets, whilst maintaining its distinctive riverside character and access to green spaces such as Russia Dock Woodland.
The average house price in SE16 3EJ, London is £129,558. Prices range from £54,000 to £315,000.
There are 63 properties in SE16 3EJ, London.
SE16 3EJ contains 63 flat / maisonette properties.
Average house prices in SE16 3EJ have risen by 424% from £58,445 in 1995 to £306,250 in 2024.
SE16 3EJ is located in London, Greater London, England.