That is the middle of 8,370 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 7.4 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
Three quarters of Southwark’s sales are flats and maisonettes
8,370 homes sold in three years: 105 detached houses, 384 semi-detached houses, 1,641 terraced houses and 6,240 flats and maisonettes. A detached house sells for 3.1 times what a flat does.
Detached houses£1.5M
median sale · 105 sold in 3 years
Middle half
£996K–£2.3M
Last 12 months
£1.8M26 sold
Semi-detached houses£1.3M
median sale · 384 sold in 3 years
Middle half
£920K–£1.8M
Last 12 months
£1.4M109 sold
New build
£2.8M
Terraced houses£895K
median sale · 1,641 sold in 3 years
Middle half
£720K–£1.2M
Last 12 months
£883K441 sold
Flats and maisonettes£470K
median sale · 6,240 sold in 3 years
Middle half
£375K–£620K
Last 12 months
£450K1,543 sold
New build
£675K
The mix
A flat market: three quarters of homes sold are flats
Detached houses1%
Semi-detached houses5%
Terraced houses20%
Flats and maisonettes75%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of Southwark’s homes sold for between £405K and £803K
One sale in ten was under £320K and one in ten over £1.2M. 3% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £545,000, sits in the £500–750K band
8,370 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 7.4 times as much as in 1995, a faster rise than England’s
Land Registry has recorded every sale since 1995. The median went from £71,000 in 1995 to £528,000 in the last 12 months (£542,000 in 2019).
31 years of sales
Fewer homes sell than in most years
2,119 sales in the last 12 months, against 5,604 in 2006, the busiest year, and 2,353 in 2009. Sales fell by 55% from 2007 to 2009 in the financial crisis, though the median held. 2021, the stamp duty holiday, saw 50% more sales than 2020.
Homes soldMedian sale price
Against England
Southwark costs more than England as a whole
Median sale price each calendar year: Southwark, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Semi-detached houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£185K
£285K
£565K
£1.1M
£1.5M
£1.6M
£1.8M
Semi-detached houses
£105K
£228K
£385K
£575K
£893K
£1.2M
£1.4M
Terraced houses
£77K
£176K
£285K
£420K
£690K
£856K
£883K
Flats and maisonettes
£61K
£140K
£211K
£273K
£425K
£460K
£450K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
New builds have slowed: 1% of sales in the last 12 months, after 29% in 2018
18,117 new homes have been sold in Southwark since 1995; the share peaked at 29% in 2018.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
A new home sold for a median £675,000
against £535,000 for a home sold on, 26% more, over three years. New homes are often a different mix from the homes sold on, so part of the gap is size and type.
76% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 5.6% sold leasehold in Southwark. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Rotherhithe Street is Southwark’s busiest street, with 118 sales in three years
525 streets had five or more sales from Sep 2023 to Aug 2026, 232 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Rotherhithe Street
SE16
118
£527,500
Mostly flats
2
Ilderton Road
SE15
100
£459,550
Mostly flats · new builds
3
Hewson Way
SE17
89
£810,280
Mostly flats · new builds
4
Lordship Lane
SE22
80
£465,000
Mostly flats
5
Shad Thames
SE1
70
£841,250
Mostly flats
6
Southwark Bridge Road
SE1
62
£587,500
Mostly flats
7
Underhill Road
SE22
60
£529,000
Mixed
8
Queen Elizabeth Street
SE1
58
£511,000
Mostly flats
9
Barry Road
SE22
57
£520,000
Mostly flats
10
Ivydale Road
SE15
53
£880,000
Mostly terraced houses
11
Peckham Rye (SE15)
SE15
53
£430,000
Mostly flats
12
Brigade Mews
SE1
50
£788,500
Mostly flats · new builds
13
Triptych Place
SE1
48
£1,918,100
Mostly flats · new builds
14
Spa Road
SE16
46
£568,000
Mostly flats
15
Crystal Palace Road
SE22
45
£725,000
Mixed
Dearest streets
Calton Avenue: £3,270,000
Southwark median£545K
Calton Avenue£3.3M
Stradella Road£3.2M
Burbage Road (SE24)£3.1M
Gilkes Crescent£2.8M
Turney Road£2.1M
Cheapest streets
Eaton Walk: £100,000
Southwark median£545K
Eaton Walk£100K
New Kent Road£157K
Townsend Street£172K
Enid Street£193K
New Lion Way£208K
Among streets with five or more sales; the dearest street’s median is 32.7 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across London
Southwark is the 15th most expensive of 33 towns in London
Southwark is in the middle of London’s towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Southwark
What is the average house price in Southwark?
The median home in Southwark sold for £545,000 from September 2023 to August 2026, across 8,370 standard sales (£528,000 in the last 12 months). By type: detached houses £1,467,500, semi-detached houses £1,300,000, terraced houses £895,000 and flats and maisonettes £470,000.
Are house prices going up in Southwark?
The median was £540,000 in 2025, down 4% on 2024 (£560,000), and £528,000 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Southwark each year?
2,119 standard sales were recorded in the last 12 months, against an average of 3,271 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Southwark?
Among streets with five or more sales in three years: Calton Avenue (SE21, £3,270,000), Stradella Road (SE24, £3,200,000) and Burbage Road (SE24, £3,095,000).
How much does a new build cost in Southwark?
New homes sold for a median £675,000 over three years, against £535,000 for homes sold on. New builds were 5.1% of sales.
Is Southwark expensive for London?
Southwark is the 15th most expensive of 33 towns of 2,500 or more in London by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.
Photo: Robert Lamb · CC BY-SA 2.0