House prices in Southwark

Average price · June 2026· HM Land Registry data

£582,473Average house price
+2.2%Change over 1 year
+4.3%Change over 5 years
+99%vs England average
-18.0%5 years, after inflation
£58,247Typical 10% deposit

The average house price in Southwark is £582,473, based on the latest June 2026 HM Land Registry House Price Index. Over the past year, prices in Southwark have risen (+2.2%), and over the last five years they have risen (+4.3%). Five years ago the average was around £558,287. That puts Southwark 99% above the England average of £293,262. That makes Southwark the 16th most expensive of 317 local authorities in England & Wales, and the 188th fastest-rising over the past year.

1995: £74,0512026: £582,473

House prices in Southwark peaked at around £622,328 (December 2020). Since 1995 the average has changed by +643.4%. Adjusted for inflation, prices are -18.0% in real terms over the last five years, so in today’s money they have lagged behind the wider cost of living. Remember this is an area average: your own home’s value depends on its exact street, size and condition.

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How Southwark compares

AreaAverage price1 year5 years
Southwark£582,473+2.2%+4.3%
England£293,262+1.8%+10.2%
Three Rivers£580,120-1.2%+6.8%
Windsor and Maidenhead£576,992-2.2%+12.1%
Ealing£575,814-2.7%+7.1%

Areas with similar house prices

Compare with the England average, or browse all areas and the latest movers.

Frequently asked questions

What is the average house price in Southwark?

The average house price in Southwark is £582,473 as of June 2026, according to the HM Land Registry House Price Index. This is an average across all property types.

Are house prices in Southwark rising or falling?

Over the last 12 months, average prices in Southwark have risen (+2.2%). Over five years they have risen (+4.3%). Month-to-month figures can be volatile, so the yearly trend is more reliable.

How much deposit do you need to buy in Southwark?

On the average Southwark home, a 10% deposit is about £58,247, and a 5% deposit around £29,124. Your mortgage is then based on the rest: see how that looks with our mortgage calculator.

Where do house prices in Southwark rank in the UK?

Of 317 local authorities in England & Wales, Southwark is the 16th most expensive and the 188th fastest-rising this year. See the full rankings and movers.

How can I find out what my Southwark home is worth?

Use our free house value calculator: enter your postcode and what you paid, and it estimates today's value from Land Registry data. For a precise figure, ask a local estate agent or RICS surveyor.

Contains HM Land Registry data © Crown copyright and database right. Open Government Licence v3.0.