Buying a home in SE5, London. What it costs, what you get and where else to look.

Typical 3-bedroom house£914kmost £800k–£1.14m
Houses per m²£8,353flats £6,608
Sold last year1981,499 in five years
Prices in Southwark+0.1%on a year ago

A typical 3-bedroom house in SE5 sold for £914,023 over the last five years, in today's money; most went for between £799,947 and £1,141,248, for about 107 m² of space. That is 9% more than the same home across London (£840,000).

198 homes sold here in the last year: a steady market with homes coming up most weeks. Flats start at around £332k for one bedroom. Within the district, houses cost the least per m² in SE5 7 (£7,400) and the most in SE5 8 (£8,984).

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 £4,168 a month at 4.5% over 30 years. Lenders would typically want a household income of about £183,000 for that mortgage: what £190,000 buys.

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House prices in SE5 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£423,392£389k–£646k51 m²13
2£663,145£590k–£768k70 m²65
3£914,023£800k–£1.14m107 m²168
4£1,156,976£959k–£1.32m133 m²96
5+£1,343,184£1.09m–£1.89m171 m²104

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£423k£663k£914k£1.16m£1.34m
Detached——£1.21m—£2.11m
Semi-detached—£798k£948k£1.16m£1.49m
Terraced£395k£649k£904k£1.17m£1.24m
Flats£332k£432k£463k£522k£542k

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across SE5

Postcode sectorHousesFlats
SE5 0£7,644£6,608
SE5 7£7,400£6,316
SE5 8£8,984£6,988
SE5 9£7,833£6,629

Schools near SE5

Best state primary within 2 kmSt Helen's Catholic Primary School97% met the expected standard at 11 · England 64%44 state primaries within 2 km
Best state secondary within 5 kmThe Grey Coat Hospital79% got grade 5+ in English and maths · England 43.8%58 state secondaries within 5 km

Nearby areas

Questions about SE5

Is SE5 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 9% 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 (97% against 64%); the best secondary is above it (79% against 43.8%); 198 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 SE5?

A typical 3-bedroom house in SE5 sold for £914,023 over the last five years, in today's money. Most sold between £799,947 and £1,141,248.

Is SE5 expensive for London?

A 3-bedroom house in SE5 costs 9% more than the typical 3-bedroom house across London (£840,000).

How many homes sell in SE5 each year?

198 homes sold in the last year and 1,499 in five years: a steady market with homes coming up most weeks.

What are the schools like near SE5?

The best-performing state primary within 2 km is St Helen's Catholic Primary School, where 97% of pupils met the expected standard at age 11 (England: 64%).

Where is cheaper near SE5?

For a 3-bedroom house, SE17 (£813k, 2 km), SE14 (£790k, 3 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.