Borough property market
Updated 5 October 2026 · refreshed daily
435 for sale · London £575k
| Market | Range low | Median | Range high |
|---|---|---|---|
| Borough | £525,000 | £750,000 | £1,305,000 |
| London | £400,000 | £575,000 | £895,000 |
Each band covers the middle half of asking prices.
- A typical 2-bed asks £775k here, compared to £500k across London
- Flats are 96% of what's for sale, compared to 67% across London
Homes came onto and left the Borough market at a similar pace
↑ 10% · was 62
↑ 160% · was 15
↑ 87% · was 38
before going off the market
Changes compare with the prior 30 days.
Asking prices
Where homes in Borough sit by price band, against London
Homes for sale in Borough skew pricier than in London
32% of Borough listings ask under £600k, a smaller share than London (53%)
| Price band | Borough listings | Borough share | London share |
|---|---|---|---|
| <£400k | 40 | 9% | 24% |
| £400k–600k | 101 | 23% | 28% |
| £600k–800k | 96 | 22% | 17% |
| £800k–1m | 62 | 14% | 9% |
| £1m–1.25m | 21 | 5% | 5% |
| £1.25m–1.5m | 15 | 3% | 4% |
| £1.5m–2m | 31 | 7% | 4% |
| £2m+ | 69 | 16% | 8% |
Prices by property type
Current listings and Land Registry sales in Borough, set against London
Flats are 96% of homes for sale in Borough, against 67% across London
| property type | Borough | London |
|---|---|---|
| Flats (416 for sale) | £96 | £67 |
| Terraced (5 for sale) | £1 | £13 |
Flats in Borough ask £715k, 49% more than London flats (£480k)
Median asking price of current listings; the count under each row
| property type | Borough | London |
|---|---|---|
| Flats (416 for sale) | £715,000 | £480,000 |
| Terraced (5 for sale) | £1,750,000 | £650,000 |
Flats in Borough ask £969 per sq ft, 38% more than London flats (£703 per sq ft)
Current listings with a known floor area
| property type | Borough | London |
|---|---|---|
| Flats (336 with a floor area) | £969 | £703 |
Flats in Borough sold for a median £550k
Land Registry sales in the 12 months to February 2026
| property type | Borough |
|---|---|
| Flats (327 sales) | £550,000 |
Flats in Borough sold for £820 per sq ft
Land Registry sales matched to EPC floor areas in the 12 months to August 2026
| property type | Borough |
|---|---|
| Flats (228 matched sales) | £820 |
The step from two to three bedrooms in Borough adds 90% to the asking price (London: 33%)
| size | Borough | London |
|---|---|---|
| Studio (14 for sale) | £760,000 | £300,000 |
| 1 bed (129 for sale) | £550,000 | £375,000 |
| 2 beds (194 for sale) | £775,000 | £500,000 |
| 3 beds (81 for sale) | £1,475,000 | £665,000 |
| 4 beds (12 for sale) | £2,547,500 | £925,000 |
| 5+ beds (5 for sale) | £1,750,000 | £1,712,500 |
Median asking price for every size and type on the market in Borough
| Size | Flat | Penthouse | House | Maisonette | All types |
|---|---|---|---|---|---|
| Studio | £760k14 | n/a | n/a | n/a | £760k14 |
| 1 bed | £560k125 | n/a | n/a | n/a | £550k129 |
| 2 beds | £750k167 | £1.3m15 | n/a | £525k8 | £775k194 |
| 3 beds | £1.5m67 | £2.4m8 | n/a | n/a | £1.5m81 |
| 4 beds | n/a | n/a | n/a | n/a | £2.5m12 |
| 5+ beds | n/a | n/a | n/a | n/a | £1.8m5 |
| All sizes | £700k378 | £1.4m28 | £1.3m11 | £525k10 | £750k435 |
Median asking price, with the number for sale below it. Combinations with fewer than 5 listings are shown as n/a. Types shown are the four most common in the area.
Price per square foot
239 matched sales
352 listings with a known floor area
London: £666 per sq ft
Sold prices per sq ft in Borough are down 8% over 10 years, to £819
Each point is the median across the 12 months ending on that date
| Window ends | Borough |
|---|---|
| Sept 2016 | £892 |
| Dec 2016 | £889 |
| Mar 2017 | £917 |
| Jun 2017 | £929 |
| Sept 2017 | £916 |
| Dec 2017 | £907 |
| Mar 2018 | £894 |
| Jun 2018 | £877 |
| Sept 2018 | £876 |
| Dec 2018 | £884 |
| Mar 2019 | £891 |
| Jun 2019 | £889 |
| Sept 2019 | £913 |
| Dec 2019 | £880 |
| Mar 2020 | £868 |
| Jun 2020 | £848 |
| Sept 2020 | £824 |
| Dec 2020 | £846 |
| Mar 2021 | £852 |
| Jun 2021 | £842 |
| Sept 2021 | £836 |
| Dec 2021 | £830 |
| Mar 2022 | £818 |
| Jun 2022 | £826 |
| Sept 2022 | £842 |
| Dec 2022 | £854 |
| Mar 2023 | £865 |
| Jun 2023 | £865 |
| Sept 2023 | £867 |
| Dec 2023 | £860 |
| Mar 2024 | £854 |
| Jun 2024 | £842 |
| Sept 2024 | £845 |
| Dec 2024 | £828 |
| Mar 2025 | £825 |
| Jun 2025 | £818 |
| Sept 2025 | £812 |
| Dec 2025 | £819 |
| Mar 2026 | £809 |
| Jun 2026 | £815 |
| Aug 2026 | £819 |
Homes sold in Borough
Previous 12 months: 365 sales
The median sold price in Borough is broadly flat over the last 10 years, at £580k
Each point is the median over the 12 months ending on that date
| Window ends | Borough |
|---|---|
| Mar 2016 | £590k |
| Jun 2016 | £578k |
| Sept 2016 | £590k |
| Dec 2016 | £577k |
| Mar 2017 | £579k |
| Jun 2017 | £578k |
| Sept 2017 | £567k |
| Dec 2017 | £600k |
| Mar 2018 | £600k |
| Jun 2018 | £600k |
| Sept 2018 | £580k |
| Dec 2018 | £575k |
| Mar 2019 | £580k |
| Jun 2019 | £585k |
| Sept 2019 | £600k |
| Dec 2019 | £603k |
| Mar 2020 | £638k |
| Jun 2020 | £625k |
| Sept 2020 | £633k |
| Dec 2020 | £649k |
| Mar 2021 | £615k |
| Jun 2021 | £600k |
| Sept 2021 | £605k |
| Dec 2021 | £618k |
| Mar 2022 | £608k |
| Jun 2022 | £600k |
| Sept 2022 | £575k |
| Dec 2022 | £579k |
| Mar 2023 | £580k |
| Jun 2023 | £600k |
| Sept 2023 | £653k |
| Dec 2023 | £625k |
| Mar 2024 | £625k |
| Jun 2024 | £620k |
| Sept 2024 | £580k |
| Dec 2024 | £572k |
| Mar 2025 | £572k |
| Jun 2025 | £569k |
| Sept 2025 | £572k |
| Dec 2025 | £578k |
| Feb 2026 | £580k |
347 homes sold in Borough in the 12 months to February 2026, 20% above Borough's five-year norm of 288 a year
Sales in the 12 months ending each quarter
| Window ends | Borough |
|---|---|
| Mar 2016 | 463 |
| Jun 2016 | 409 |
| Sept 2016 | 343 |
| Dec 2016 | 328 |
| Mar 2017 | 282 |
| Jun 2017 | 315 |
| Sept 2017 | 328 |
| Dec 2017 | 332 |
| Mar 2018 | 312 |
| Jun 2018 | 316 |
| Sept 2018 | 335 |
| Dec 2018 | 324 |
| Mar 2019 | 318 |
| Jun 2019 | 297 |
| Sept 2019 | 283 |
| Dec 2019 | 274 |
| Mar 2020 | 268 |
| Jun 2020 | 233 |
| Sept 2020 | 190 |
| Dec 2020 | 189 |
| Mar 2021 | 206 |
| Jun 2021 | 289 |
| Sept 2021 | 298 |
| Dec 2021 | 294 |
| Mar 2022 | 288 |
| Jun 2022 | 246 |
| Sept 2022 | 297 |
| Dec 2022 | 322 |
| Mar 2023 | 306 |
| Jun 2023 | 279 |
| Sept 2023 | 260 |
| Dec 2023 | 254 |
| Mar 2024 | 273 |
| Jun 2024 | 295 |
| Sept 2024 | 330 |
| Dec 2024 | 362 |
| Mar 2025 | 404 |
| Jun 2025 | 404 |
| Sept 2025 | 382 |
| Dec 2025 | 352 |
| Feb 2026 | 347 |
What listings offer
Borough has fewer gardens and less parking than London.
Fewer gardens than London
24% of listings have a garden; London: 53%. 103 of 435 listings have a garden. Counted from listing descriptions, so treat as a lower bound.Less parking than London
28% of listings have parking or a garage; London: 42%. 122 of 435 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.Chain-free in line with London
26% of listings are listed as chain-free; London: 27%. 112 of 435 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.Recent sales in Borough
The newest completed sales registered with HM Land Registry
| Address | Sold | Type | Price | £/sq ft |
|---|---|---|---|---|
| 1, Buckstone Apartments, 140 Blackfriars Road · SE1 8BWFlat · Leasehold | Aug 2026 | Flat · Leasehold | £195,000 | £270 |
| 25, Tanners Yard, 239 Long Lane · SE1 4PTFlat · Leasehold | Aug 2026 | Flat · Leasehold | £715,000 | £1,126 |
| Flat 13, 2 Archie Street · SE1 3JTFlat · Leasehold | Aug 2026 | Flat · Leasehold | £1,650,000 | £1,135 |
| Flat 2, 36 - 38 Decima Street · SE1 4QQFlat · Leasehold | Aug 2026 | Flat · Leasehold | £600,000 | n/a |
| Flat 40, 130 Webber Street · SE1 0JNFlat · Leasehold | Aug 2026 | Flat · Leasehold | £536,500 | £733 |
Current listings worth a look
Picked by simple rules, not adverts: cheapest, most space, gardens
Watching the Borough market?
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Set up my daily briefingLooking at one home in Borough?
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Current listings around Borough
| Area | For sale | Median asking | Median 2-bed | Houses |
|---|---|---|---|---|
| Borough | 435 | £750k | £775k | 1% |
| Elephant and Castle | 515 | £600k | £675k | 7% |
| Bermondsey | 1,150 | £650k | £685k | 4% |
| Walworth | 471 | £585k | £650k | 7% |
| Whitechapel | 612 | £625k | £678k | 2% |
| Shoreditch | 819 | £675k | £750k | 3% |
| Rotherhithe | 755 | £550k | £550k | 6% |
| Peckham | 749 | £450k | £475k | 13% |
| Camberwell | 623 | £475k | £500k | 14% |
| Kennington | 569 | £650k | £700k | 7% |
| Spitalfields | 554 | £680k | £750k | 3% |
| Wapping | 523 | £600k | £680k | 4% |
| Bethnal Green | 435 | £550k | £600k | 4% |
| Londonbenchmark | 63,455 | £575k | £500k | 26% |
Key facts about Borough
- Broadly flat: the median sold price in Borough has moved little over the last 10 years, including the last 12 months.
- Homes for sale skew pricier than in London: 32% of current listings in Borough ask under £600k, against 53% across London.
- Sales are running well above Borough's five-year norm: 347 homes sold in the 12 months to February 2026, against a norm of 288 a year; 68 homes came onto the market in the last 30 days and 71 left it.
Borough property market: common questions
Where is Borough?
Borough sits in central London, in Southwark.
What is the average house price in Borough?
The median asking price across the 435 homes for sale in Borough is £750,000 (as of 5 October 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £525,000 and £1,305,000. That is 30% above London. Homes that actually sold in Borough went for a median £580,000 (Land Registry, 12 months to February 2026).
Are house prices in Borough rising or falling?
Broadly flat. Based on HM Land Registry completed sales, the median sold price in Borough has moved little over the last 10 years, including the last 12 months (12 months to February 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.
Is Borough cheaper than London?
No: asking prices in Borough are typically higher than across London. The median asking price in Borough is £750,000 against £575k across London: 30% above London. Some of that gap reflects what is for sale in each place rather than like-for-like value. The premium holds from the lower end to the top of the market.
How many homes are for sale in Borough?
435 homes are on the market in Borough right now, down 8% since 1 Sept, 68 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.
Are house prices being cut in Borough?
39 listings in Borough had their asking price reduced in the last 30 days, about 9% of the homes currently for sale.
How long are homes on the market in Borough?
Of the Borough listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 80 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.
How much is a two-bedroom flat in Borough?
The median asking price for a two-bedroom flat in Borough is £755,000, across 190 current listings.
What is the price per square foot in Borough?
In Borough, homes that sold went for a median £819 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £972 per sq ft.
How these numbers are made
- Asking figures: Current listings we track across estate agents and portals (435 in Borough), refreshed daily, as of 5 October 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings.
- Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked Borough since October 2025.
- London comparisons: The same daily snapshot taken across the whole of London, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.
- Sold figures: HM Land Registry price paid data. Sold prices and sales counts cover the 12 months to February 2026; sold price per square foot covers the 12 months to August 2026, with floor areas from EPC certificates (the two run on different pipelines, and the latest months are left out while sales are still being registered). England and Wales; new-builds and non-standard transactions excluded.
Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0, and Energy Performance of Buildings Data: England and Wales © Crown copyright.