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Housing in Southwark

London borough

Central London. 312,366 people in 29 square kilometres, the 7th most densely populated council in the UK.

17 layers about housing for Southwark, each at the level its publisher released it, with its own date and source.

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Sales per year by neighbourhood

Worked out by Open Index · 2025

Under 1133 or more

Southwark’s 173 neighbourhoods range from 0 to 108.

Average house price

Council
£572,478
HM Land Registry and partners · Jul 2026

Southwark’s average house price was £572,478 in July 2026.

That is 4% higher than London and 2.1 times the UK average.

Prices rose 0.1% in the year to July 2026.

Against London
4% higher£550,037
Against the UK
2.1 times£272,611
Open in mapSource and methodEvery council ranked

House prices since 2000

Monthly average house price, smoothed. Southwark’s is 4.1 times its 2000 level, faster than London’s.

House prices since 2000Average house price each month for Southwark, London, England, January 2000 to July 2026. Source: UK House Price Index.
House prices since 2000
MonthSouthwarkLondonEngland
Jan 2000£140,782£139,611£71,017
Jan 2001£178,792£160,094£79,663
Jan 2002£200,514£181,823£90,840
Jan 2003£224,002£221,778£114,816
Jan 2004£238,308£234,296£131,914
Jan 2005£252,807£248,820£149,713
Jan 2006£260,445£256,767£157,240
Jan 2007£298,862£286,542£171,666
Jan 2008£350,360£319,663£181,037
Jan 2009£304,918£270,949£153,585
Jan 2010£316,385£299,459£164,711
Jan 2011£353,108£308,301£164,697
Jan 2012£363,356£315,128£164,449
Jan 2013£395,460£333,332£166,938
Jan 2014£457,323£380,935£177,748
Jan 2015£516,167£431,270£191,523
Jan 2016£571,920£489,741£208,050
Jan 2017£582,118£509,175£218,655
Jan 2018£567,929£513,622£227,594
Jan 2019£577,307£503,232£230,974
Jan 2020£579,820£509,527£234,049
Jan 2021£612,818£529,101£249,890
Jan 2022£574,271£550,635£270,231
Jan 2023£595,197£570,869£285,817
Jan 2024£563,292£551,097£278,060
Jan 2025£581,925£563,861£287,264
Jan 2026£582,277£553,557£290,511
Jul 2026£572,478£550,037£293,479

House price to pay

CouncilGreat Britain only
11.8×
Worked out by Open Index · 2025

A home in Southwark costs 11.8 times local full-time pay.

Worked out by Open Index from the UK House Price Index and the ONS earnings survey.

Open in mapSource and methodEvery council ranked
House price to pay: Southwark among every council348 areas from 3.1× to 23.4×. The middle area is 7.3×. Southwark is 11.8×.

Sold prices

PostcodeEngland and Wales only

Published as points, so there is no single figure for Southwark. The map shows each one.

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Average private rent

Council
£2,474
ONS private rents · Aug 2026

The average private rent in Southwark was £2,474 a month in August 2026.

That is 6% higher than London and 1.8 times the UK average.

Rents in Southwark rose 5.4% in the year to August 2026.

For average private rent, Southwark is the 9th most expensive of 316 in the UK.

Against London
6% higher£2,332
Against the UK
1.8 times£1,400
Open in mapSource and methodEvery council ranked

Rent since 2015

Monthly average private rent, smoothed. Southwark’s is 1.5 times its 2015 level, faster than London’s.

Rent since 2015Average private rent each month for Southwark, London, England, January 2015 to August 2026. Source: Price Index of Private Rents.
Rent since 2015
MonthSouthwarkLondonEngland
Jan 2015£1,643£1,580£950
Jan 2016£1,708£1,654£983
Jan 2017£1,777£1,705£1,018
Jan 2018£1,776£1,689£1,029
Jan 2019£1,791£1,695£1,043
Jan 2020£1,837£1,738£1,065
Jan 2021£1,869£1,735£1,076
Jan 2022£1,834£1,728£1,104
Jan 2023£1,981£1,830£1,166
Jan 2024£2,161£2,009£1,264
Jan 2025£2,342£2,229£1,375
Jan 2026£2,387£2,253£1,423
Aug 2026£2,474£2,332£1,459

House sales per year

CouncilEngland and Wales only
3,123
Worked out by Open Index · 2025

3,123 homes were sold in Southwark in 2025.

Worked out by Open Index from HM Land Registry Price Paid Data.

Open in mapSource and method
House sales per year: Southwark among every council318 areas from 19 to 10,423. The middle area is 2,124. Southwark is 3,123.

Median sale price

CouncilEngland and Wales only
£540,000
Worked out by Open Index · 2025

The median price paid for a home in Southwark was £540,000 in 2025.

Worked out by Open Index from HM Land Registry Price Paid Data.

Open in mapSource and methodEvery council ranked
Median sale price: Southwark among every council318 areas from £136,000 to £1,200,000. The middle area is £297,500. Southwark is £540,000.

Annual price change

Council
0.1%
HM Land Registry and partners · Jul 2026
Against the UK
93% lower1.4%
Open in mapSource and methodEvery council ranked
Annual price change: Southwark among every council360 areas from −20.7% to 12.8%. The middle area is 2.3%. Southwark is 0.1%.

Detached house price

Council
£1,740,029
HM Land Registry and partners · Jul 2026

The average price of a detached home in Southwark was £1,740,029 in July 2026.

That is 49% higher than London and 3.9 times the UK average for detached homes.

Against London
49% higher£1,167,718
Against the UK
3.9 times£444,936
Open in mapSource and methodEvery council ranked
Detached house price: Southwark among every council348 areas from £175,111 to £4,525,386. The middle area is £447,347. Southwark is £1,740,029.

Flat price

Council
£469,796
HM Land Registry and partners · Jul 2026

The average price of a flat in Southwark was £469,796 in July 2026.

That is 11% higher than London and 2.4 times the UK average for flats.

Against London
11% higher£424,013
Against the UK
2.4 times£192,704
Open in mapSource and methodEvery council ranked
Flat price: Southwark among every council349 areas from £68,963 to £971,688. The middle area is £144,735. Southwark is £469,796.

Semi-detached house price

Council
£1,229,706
HM Land Registry and partners · Jul 2026

The average price of a semi-detached home in Southwark was £1,229,706 in July 2026.

That is 1.7 times London and 4.4 times the UK average for semi-detached homes.

Against London
1.7 times£724,106
Against the UK
4.4 times£278,555
Open in mapSource and methodEvery council ranked
Semi-detached house price: Southwark among every council348 areas from £116,420 to £3,051,816. The middle area is £280,428. Southwark is £1,229,706.

Terraced house price

Council
£838,160
HM Land Registry and partners · Jul 2026

The average price of a terraced home in Southwark was £838,160 in July 2026.

That is 30% higher than London and 3.6 times the UK average for terraced homes.

Against London
30% higher£642,452
Against the UK
3.6 times£231,945
Open in mapSource and methodEvery council ranked
Terraced house price: Southwark among every council348 areas from £89,218 to £2,429,086. The middle area is £228,217. Southwark is £838,160.

House sales per month

Council
149
HM Land Registry and partners · May 2026

149 home sales were recorded in Southwark in May 2026.

Figures for the latest months are revised as more sales are registered.

Open in mapSource and methodEvery council ranked
House sales per month: Southwark among every council360 areas from 6 to 894. The middle area is 114. Southwark is 149.

One-bedroom private rent

Council
£1,876
ONS private rents · Aug 2026

The average private rent for a home with 1 bedroom in Southwark was £1,876 a month in August 2026.

That is 7% higher than London and 1.7 times the UK average for the same size of home.

For one-bedroom rent, Southwark is the 10th most expensive of 316 in the UK.

Against London
7% higher£1,760
Against the UK
1.7 times£1,136
Open in mapSource and methodEvery council ranked
One-bedroom private rent: Southwark among every council316 areas from £401 to £2,640. The middle area is £732. Southwark is £1,876.

Two-bedroom private rent

Council
£2,348
ONS private rents · Aug 2026

The average private rent for a home with 2 bedrooms in Southwark was £2,348 a month in August 2026.

That is 5% higher than London and 1.8 times the UK average for the same size of home.

For two-bedroom rent, Southwark is the 9th most expensive of 316 in the UK.

Against London
5% higher£2,232
Against the UK
1.8 times£1,281
Open in mapSource and methodEvery council ranked
Two-bedroom private rent: Southwark among every council316 areas from £509 to £3,428. The middle area is £921. Southwark is £2,348.

Three-bedroom private rent

Council
£2,732
ONS private rents · Aug 2026

The average private rent for a home with 3 bedrooms in Southwark was £2,732 a month in August 2026.

That is 3% higher than London and 1.9 times the UK average for the same size of home.

For three-bedroom rent, Southwark is the 9th most expensive of 316 in the UK.

Against London
3% higher£2,643
Against the UK
1.9 times£1,430
Open in mapSource and methodEvery council ranked
Three-bedroom private rent: Southwark among every council316 areas from £608 to £4,074. The middle area is £1,129. Southwark is £2,732.

Four-bedroom or larger private rent

Council
£3,608
ONS private rents · Aug 2026

The average private rent for a home with 4 or more bedrooms in Southwark was £3,608 a month in August 2026.

That is 1% lower than London and 1.7 times the UK average for the same size of home.

For four-bedroom or larger rent, Southwark is the 10th most expensive of 316 in the UK.

Against London
1% lower£3,646
Against the UK
1.7 times£2,080
Open in mapSource and methodEvery council ranked
Four-bedroom or larger private rent: Southwark among every council316 areas from £806 to £5,650. The middle area is £1,607. Southwark is £3,608.

Annual rent change

Council
5.4%
ONS private rents · Aug 2026

Private rents in Southwark changed by 5.4% in the year to August 2026.

Southwark is joint 88th strongest of 316 for annual rent change.

Against London
1.5 times3.5%
Against the UK
42% higher3.8%
Open in mapSource and methodEvery council ranked
Annual rent change: Southwark among every council316 areas from −2.4% to 13.4%. The middle area is 3.9%. Southwark is 5.4%.