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House prices in Southwark
Official UK HPI · to May 2026
Southwark is among the priciest places in the UK to buy a home, with the average property valued at £578,683. Detached prices typically run at £1,712,680, well above the national figure.
That's 113% above the UK average of £271,295.
Southwark house price trend
“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.
Neighbourhoods in Southwark
Median sold price by postcode district · last 24 months · ≥30 sales. Click any district for its prices, streets and recent sales.
- SE21 ▲ +5.4% £1,050,000 135 sales
- SE24 ▲ +5.4% £985,000 113 sales
- SE22 ▲ +15.6% £650,000 979 sales
- SE11 ▲ +34.3% £600,000 45 sales
- SE17 ▼ -25.3% £600,000 726 sales
- SE1 ▼ -4.8% £570,000 1,364 sales
- SE15 ▲ +1.3% £500,000 1,333 sales
- SE19 ▲ +5.9% £475,000 87 sales
- SE16 ▼ -6.2% £470,000 997 sales
- SE5 ▼ -2.3% £462,500 779 sales
- SE23 ▲ +2.6% £453,750 48 sales
1128 monthly data points · source: UK House Price Index.
Prices by property type
- Detached £1,712,680 ▲ +1.5%
- Semi-detached £1,225,012 ▲ +2.8%
- Terraced £845,316 ▲ +3.8%
- Flat £475,877 → 0.0%
Affordability
A typical home in Southwark costs 11.1× local annual earnings (ONS, latest year). See how Southwark ranks nationally →
Southwark is the 29th least affordable of 317 UK areas we track.
Energy efficiency profile
Based on 124,866 Energy Performance Certificates lodged for properties in Southwark.
- Most common rating C
- Rated A-C 63.1%
- Median floor area 66 m²
- Median annual energy cost £568
- Most common era England and Wales: 1900-1929
- Main heating fuel mains gas (not community)
Wondering how to improve a home's rating? Our guide ranks every common measure by cost and EPC points gained: how to improve your EPC rating →
Source: Energy performance of buildings data under the Open Government Licence.
Areas with similar house prices
- House prices in Kingston upon Thames £582,403
- House prices in Ealing £568,887
- House prices in Barnet £590,583
- House prices in Merton £597,138
- House prices in Hackney £608,470
- House prices in Brent £548,895
- House prices in Lambeth £545,315
- House prices in City of London £626,980
Frequently asked questions
- What's the average house price in Southwark?
- The average house price in Southwark is £578,683, based on the UK House Price Index (Land Registry + ONS) to May 2026.
- How have house prices in Southwark changed over the last year?
- Average house prices in Southwark have risen +0.9% over the last 12 months.
- How much does a house cost in Southwark by property type?
- Latest average prices in Southwark:
- detached homes: £1,712,680
- semi-detached homes: £1,225,012
- terraced homes: £845,316
- flats: £475,877
- Is Southwark affordable compared with local earnings?
- A typical home in Southwark costs 11.1× local annual earnings, per ONS workplace-based earnings data. See how Southwark ranks nationally.
- Is Southwark an expensive place to buy a home?
- The average home in Southwark costs £578,683 — 113% more than the UK average of £271,295. Southwark is the 29th least affordable of 317 UK areas we track.
- How much does a house survey cost in Southwark?
- Surveyors price by property value, size and age. For a home around Southwark's average of £578,683, expect roughly £600–£850 for a RICS Level 2 (Homebuyer) survey, or £1,000–£1,500 for a Level 3 Building Survey on older or unusual property. Our 2026 guide to house survey costs explains what each level covers.
- How much does it cost to sell a house in Southwark?
- On a typical Southwark sale at £578,683, high-street estate-agent commission (1.0–1.5% + VAT) comes to roughly £6,900–£10,400, with sale-side conveyancing adding £900–£1,800. Fixed-fee online agents (£999–£1,999) can cut that sharply. Our cost of selling guide itemises every fee — and how to negotiate the commission.
- How much does it cost to move home in Southwark?
- Moving home in Southwark typically involves conveyancing (~£900–£1,800 inc. VAT and searches), a survey if you're buying (~£400–£1,300 depending on level), and removals (~£400–£1,200 for a 2–3 bedroom move). See our full cost-of-moving-home guide for every line in the bill.
Compiled by Home Price Hub from official HM Land Registry and ONS open data, updated monthly — figures to , the latest UK House Price Index release. See how we source and calculate these figures.