House prices in Southwark

Not legal advice. This page has not been reviewed by a solicitor. The figures are official statistics run through our calculators, not a quote.

Data as of: UK House Price Index published 21 October 2026.

What is the average house price in Southwark?

As of August 2026, the average house price in Southwark is £569,160, down 2.1% on a year earlier. Detached £1,727,364, semi-detached £1,226,452, terraced £835,115, flat £466,671. First-time buyers paid £497,815 on average. Figures from the UK House Price Index, published 21 October 2026.

Updated

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Average price, month by month

Average price in Southwark (UK House Price Index). Recent months are revised as more sales are registered.
MonthAverage priceSales
August 2025£581,507283
September 2025£592,390267
October 2025£597,237308
November 2025£594,533227
December 2025£590,455215
January 2026£582,025189
February 2026£576,114158
March 2026£569,936169
April 2026£579,961148
May 2026£582,116173
June 2026£588,057153
July 2026£574,955
August 2026£569,160

More questions about prices in Southwark

Are house prices going up in Southwark?

No: the average home sold for £569,160 in August 2026, down 2.1% on August 2025, against £293,525 across England. Prices rose in 5 of the last 12 months and fell or held in 7.

Source: HM Land Registry, UK House Price Index, August 2026.

When were house prices highest in Southwark over the last year?

The highest monthly average in the 13 months to August 2026 was £597,237 in October 2025; the lowest was £569,160 in August 2026.

Source: HM Land Registry, UK House Price Index, August 2026.

How have prices changed by type of home in Southwark?

Over the year, detached homes did best (up 2.2%) and flats worst (down 2.9%).

Source: HM Land Registry, UK House Price Index, August 2026.

What do first-time buyers pay for a home in Southwark?

First-time buyers paid £497,815 on average in August 2026, and buyers who already owned a home paid £721,524.

Source: HM Land Registry, UK House Price Index, August 2026.

How many homes sell in Southwark each month?

153 sales were recorded in June 2026. The latest months' figures are provisional and are revised as more sales are registered.

Source: HM Land Registry, UK House Price Index, June 2026.

How much stamp duty would I pay on an average home in Southwark?

A home mover paying the local average for movers, £721,524, pays £26,076 in stamp duty. Tax and legal fees for each kind of buyer in Southwark.

What is the average rent in Southwark?

£2,516 a month in September 2026, from the ONS Price Index of Private Rents. Rents by size and type of home in Southwark.

Prices by property type

TypeAugust 2026August 2025Change
Detached£1,727,364£1,689,562+2.2%
Semi-detached£1,226,452£1,210,051+1.4%
Terraced£835,115£837,010-0.2%
Flat£466,671£480,569-2.9%

Nearby areas

Average price and change over the year to August 2026
AreaAverage priceYear change
Lambeth£540,198-6.5%
Lewisham£486,416-1.6%
City of London£726,633-14.6%
Tower Hamlets£447,950-13.3%

What buying here costs in tax and fees: conveyancing costs in Southwark.

Questions

What is the average house price in Southwark?
£569,160 in August 2026 (UK House Price Index), down 2.1% on a year earlier.
How much is a flat in Southwark?
The average flat sold for £466,671 in August 2026.

Sources

Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. UK House Price Index published 21 October 2026, retrieved 2026-11-02. Contains public sector information licensed under the Open Government Licence v3.0. This page is general information, not legal advice, and hasn't been reviewed by a solicitor. Instrukt is not a law firm.