Typical 3-bedroom house£963kmost £796k–£1.29m
Houses per m²£9,791flats £9,597
Sold last year3172,211 in five years
Prices in Southwark+0.1%on a year ago
A typical 3-bedroom house in SE1 sold for £962,904 over the last five years, in today's money; most went for between £796,286 and £1,294,656, for about 99 m² of space. That is 15% more than the same home across London (£840,000).
317 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £428k for one bedroom. Within the district, houses cost the least per m² in SE1 5 (£8,742) and the most in SE1 8 (£14,124).
Across Southwark, prices are up 0.1% on a year ago and up 6.2% over five years. Renting a similar home there costs about £2,732 a month; a 90% mortgage on the typical price would be around £4,391 a month at 4.5% over 30 years. Lenders would typically want a household income of about £193,000 for that mortgage: what £200,000 buys.
Questions about SE1
Is SE1 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 15% more than across London; prices in Southwark are up 0.1% on a year ago; the best state primary nearby is above the England average (93% against 64%); the best secondary is above it (79% against 43.8%); 317 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in SE1?
A typical 3-bedroom house in SE1 sold for £962,904 over the last five years, in today's money. Most sold between £796,286 and £1,294,656.
Is SE1 expensive for London?
A 3-bedroom house in SE1 costs 15% more than the typical 3-bedroom house across London (£840,000).
How many homes sell in SE1 each year?
317 homes sold in the last year and 2,211 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.
What are the schools like near SE1?
The best-performing state primary within 2 km is The Cathedral School of St Saviour and St Mary Overie, where 93% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near SE1?
For a 3-bedroom house, SE17 (£813k, 1 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.