Southwark Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Southwark market at a glance
Page refreshed 5 July 2026Average house price£572,455
MoM +1.4%YoY -1.2%
Average private rent£2,394
MoM 0.0%YoY +1.6%
Median annual pay£48,875ASHE 2025
Employment rate72.1%Aged 16-64
What this means
Southwark house prices are falling compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £572,455 in April 2026, 1.4% up over the month and 1.2% down over the year.
Monthly movementUp 1.4%From £564,467 last month
Annual movementDown 1.2%From £579,489 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £573,035 | Monthly: -1.1% | Annual: +1.5% |
| Month: June 2025 | Average: £567,845 | Monthly: -0.9% | Annual: -2.7% |
| Month: July 2025 | Average: £569,570 | Monthly: +0.3% | Annual: -3.5% |
| Month: August 2025 | Average: £581,740 | Monthly: +2.1% | Annual: -1.6% |
| Month: September 2025 | Average: £596,136 | Monthly: +2.5% | Annual: +2.2% |
| Month: October 2025 | Average: £598,135 | Monthly: +0.3% | Annual: +2.2% |
| Month: November 2025 | Average: £594,610 | Monthly: -0.6% | Annual: +1.8% |
| Month: December 2025 | Average: £585,174 | Monthly: -1.6% | Annual: +0.8% |
| Month: January 2026 | Average: £577,655 | Monthly: -1.3% | Annual: -0.7% |
| Month: February 2026 | Average: £568,615 | Monthly: -1.6% | Annual: -2.3% |
| Month: March 2026 | Average: £564,467 | Monthly: -0.7% | Annual: -3.3% |
| Month: April 2026 | Average: £572,455 | Monthly: +1.4% | Annual: -1.2% |
Continue Southwark Research
House Prices And Sold-Price Evidence
UK HPI shows £572,455 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £2,394 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £48,875 and helps compare local affordability.
Open pageSouthwark Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Southwark market commentary
What the latest official data may mean for buyers, renters and investors.
Southwark’s average house price stood at £572,455 in April 2026, according to the UK House Price Index. That is up 1.4% on the month.
It is still 1.2% below the same point last year. The latest move follows a dip in March, when the average price was £564,467 and monthly growth was -0.7%.
Southwark’s average private rent was £2,394 in May 2026, according to the ONS Price Index of Private Rents. That was almost unchanged from April, when the average was £2,395.
Month on month, rents slipped by 0.04%. The latest move is small, but it shows the market has not been rising every month.
Southwark’s labour market picture for 2025 sits above the UK average on pay, but it is mixed on participation. The resident population was 314,786 in 2024, giving the borough a large base of working-age residents and households to consider when looking at affordability context.