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House prices in Southwark

Official UK HPI · to March 2026

£564,359 ▼ -3.3% 12 months

Southwark has bucked the wider UK trend over the past year, with average prices slipping -3.3% to £564,359. The fall is most pronounced in flat property (£463,114), while detached homes hold up better at £1,703,857.

Average price since 1995

£0k£100k£200k£300k£400k£500k£600k1995200020052010201520202025

“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.

375 monthly data points · source: UK House Price Index.

Prices by property type

Affordability

A typical home in Southwark costs 11.1× local annual earnings (ONS, latest year). See how Southwark ranks nationally →

Energy efficiency profile

Based on 124,866 Energy Performance Certificates lodged for properties in Southwark.

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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.

Frequently asked questions

What's the average house price in Southwark?
The average house price in Southwark is £564,359, based on the UK House Price Index (Land Registry + ONS) to March 2026.
How have house prices in Southwark changed over the last year?
Average house prices in Southwark have fallen -3.3% over the last 12 months.
How much does a house cost in Southwark by property type?
Latest average prices in Southwark:
  • detached homes: £1,703,857
  • semi-detached homes: £1,206,189
  • terraced homes: £828,115
  • flats: £463,114
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.
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.