local authority Land Registry UK HPI

Southwark house prices, July 2026

Average sold prices for Southwark, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£572,478
Annual change
Broadly flat
Homes sold, May 2026
149
England average
£293,479

The average property in Southwark sold for £572,478 in July 2026, broadly unchanged on the year. That is about 95% above the England average of £293,479. 149 homes sold in Southwark in May 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to July 2026, the average price in Southwark fell 2%, peaking at £597,552 in October 2025.

£597,552 £571,501
August 2025July 2026

Peak £597,552 in October 2025.

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By property type

Detached homes are the most expensive in Southwark at £1,740,029, 270% above flat or maisonette at £469,796. Flat or maisonette is the only type where prices fell over the year, down 0.7%.

Average sold price by property type, July 2026.
Property typeAverage priceAnnual change
Detached£1,740,029+3.9%
Semi-detached£1,229,706+3%
Terraced£838,160+2.1%
Flat or maisonette£469,796-0.7%

By buyer status

First-time buyers in Southwark paid £224,352 less than people who already owned, a gap of 45%.

Average sold price by buyer status, July 2026.
BuyerAverage priceAnnual change
First-time buyer£501,031Broadly flat
Former owner-occupier£725,383+0.5%

By funding status

Cash buyers in Southwark paid 3% more than those with a mortgage. Cash accounted for 22% of the sales counted in May 2026.

Average sold price by funding status, July 2026. Sales volumes are for May 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£584,852Broadly flat15
Mortgage£570,448Broadly flat52

By property status

New builds in Southwark sold for 13% more than existing homes.

Average sold price by property status, May 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£649,050+1.5%
Existing property£576,733+1%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
July 2026£572,478Broadly flatn/a
June 2026£581,965+2.1%n/a
May 2026£578,491+0.9%149
April 2026£579,417Broadly flat126
March 2026£571,501-2.1%159
February 2026£575,188-1.2%157
January 2026£582,277Broadly flat186
December 2025£591,458+1.9%201
November 2025£596,373+2.1%218
October 2025£597,552+2.1%301
September 2025£592,542+1.6%266
August 2025£581,299-1.7%279
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Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.