Key indicators for buyers
The SE1 market is moderately favourable for buyers. Prices have softened (-40.8%), which could present a buying opportunity. Affordability has improved from a peak of 14.2x in 2017 to 10.8x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Southwark area
A home in Southwark costs 10.8x the local median salary — very stretched, improving from a peak of 14.2x in 2017.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Southwark area
Average monthly rent in Southwark is £2,388, up 1.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Southwark price of £511,765 with a 25% deposit (£128k), a 2-year fixed mortgage at 3.97% costs around £2,020 per month.
Monthly cost comparison based on current data
Uses SE1 avg. price with Southwark rental data
Monthly mortgage payments (£2,020) are £368 less than renting (£2,388). However, buying requires an upfront deposit of £128k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 198, 9, ALBERT EMBANKMENT SE1 7HG | Flat/Maisonette | £560,000 | 26 Jan 2026 |
21, COLLINSON WALK SE1 1PU | Flat/Maisonette | £418,000 | 23 Jan 2026 |
FLAT 6, SEAL HOUSE, WESTON STREET SE1 4DU | Flat/Maisonette | £450,000 | 23 Jan 2026 |
10, MCAULEY CLOSE SE1 7BX | Flat/Maisonette | £780,000 | 23 Jan 2026 |
FLAT G-16, THE SCHOOL HOUSE, PAGES WALK SE1 4HG | Flat/Maisonette | £380,000 | 20 Jan 2026 |
FLAT 79, THE PERSPECTIVE, 100, WESTMINSTER BRIDGE ROAD SE1 7XA | Flat/Maisonette | £600,000 | 12 Jan 2026 |
FLAT 24, EAGLE WHARF COURT, LAFONE STREET |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SE1 sold for £511,765 in 2026, with a median of £450,000 across 17 transactions. Prices fell 40.8% compared to the previous year.
| Flat/Maisonette |
| £560,000 |
| 9 Jan 2026 |
FLAT 810, WHITEHOUSE APARTMENTS, 9, BELVEDERE ROAD SE1 8YU | Flat/Maisonette | £500,000 | 9 Jan 2026 |
FLAT 401, BLOCK C, 27, GREEN WALK SE1 4TQ | Flat/Maisonette | £450,000 | 9 Jan 2026 |
FLAT 2-08, THE SCHOOL HOUSE, PAGES WALK SE1 4HG | Flat/Maisonette | £390,000 | 9 Jan 2026 |
FLAT 9, WHEAT WHARF APARTMENTS, 27, SHAD THAMES SE1 2YW | Flat/Maisonette | £980,000 | 9 Jan 2026 |
FLAT 11, RUFUS HOUSE, ST SAVIOURS ESTATE SE1 3NT | Flat/Maisonette | £355,000 | 8 Jan 2026 |
APARTMENT 6, 10, RUSHWORTH STREET SE1 0RB | Flat/Maisonette | £615,000 | 7 Jan 2026 |
APARTMENT 3203, 8, WALWORTH ROAD SE1 6EJ | Flat/Maisonette | £340,000 | 7 Jan 2026 |
10, TROTHY ROAD SE1 5RR | Terraced | £712,000 | 6 Jan 2026 |
APARTMENT 223, METRO CENTRAL HEIGHTS, 119, NEWINGTON CAUSEWAY SE1 6BW | Flat/Maisonette | £335,000 | 6 Jan 2026 |
FLAT 1, 12, BERMONDSEY SQUARE SE1 3FD | Flat/Maisonette | £275,000 | 5 Jan 2026 |
33, HAZEL WAY SE1 5XJ | Flat/Maisonette | £225,000 | 23 Dec 2025 |
FLAT 217, CARAWAY APARTMENTS, 2, CAYENNE COURT SE1 2PP | Flat/Maisonette | £515,000 | 22 Dec 2025 |
FLAT 3, DEVONSHIRE HOUSE, BATH TERRACE SE1 6PT | Flat/Maisonette | £545,000 | 22 Dec 2025 |
The most recent recorded sale in SE1 was a flat/maisonette property on Albert Embankment for £560,000 in January 2026. Across the last 20 sales, the median price was £500,000.