Area market snapshot · in London

Elephant and Castle property market

Updated 4 October 2026 · refreshed daily

Map: Elephant and Castle sits in central London, in Southwark.
Median asking price
£550,000↓ 3% below London

601 for sale · London £565k

Median sold price · 12 months to January 2026
£475,000↓ 10% below London

London £525k

Typical asking range
Typical asking range (middle half of listings) and median
MarketRange lowMedianRange high
Elephant and Castle£425,000£550,000£770,000
London£400,000£565,000£875,000

Each band covers the middle half of asking prices.

How Elephant and Castle differs from London
  • A typical 2-bed asks £626k here, compared to £500k across London
  • Flats are 90% of what's for sale, compared to 67% across London
The last 30 days

More homes came onto the market in Elephant and Castle than left it

New listings
134

↑ 63% · was 82

Price cuts
56

↑ 87% · was 30

Went off market
81

↑ 23% · was 66

Typical time listed
127 days

before going off the market

Changes compare with the prior 30 days.

Asking prices

Where homes in Elephant and Castle sit by price band, against London

21% of homes in Elephant and Castle ask £400k–500k, the most common band

41% of Elephant and Castle listings ask under £500k, about the same share as London (40%)

Share of current listings by asking-price band
Price bandElephant and Castle listingsElephant and Castle shareLondon share
<£300k142%10%
£300k–400k11018%14%
£400k–500k12521%16%
£500k–650k11619%18%
£650k–800k9315%12%
£800k–1m7913%9%
£1m–1.5m437%9%
£1.5m+213%12%

Prices by property type

Current listings and Land Registry sales in Elephant and Castle, set against London

Flats are 90% of homes for sale in Elephant and Castle, against 67% across London

Share of homes for sale by property type
property typeElephant and CastleLondon
Flats (538 for sale)£90£67
Terraced (39 for sale)£6£13

Flats in Elephant and Castle ask £500k, 5% more than London flats (£475k)

Median asking price of current listings; the count under each row

Median asking price by property type
property typeElephant and CastleLondon
Flats (538 for sale)£500,000£475,000
Terraced (39 for sale)£950,000£640,000

Price per square foot

Sold · 12 months to July 2026
£735per sq ft↑ 23% above London

255 matched sales

London: £596 per sq ft

Asking · current listings
£777per sq ft↑ 18% above London

520 listings with a known floor area

London: £659 per sq ft

Sold prices per sq ft in Elephant and Castle are broadly flat over 10 years, at £735

London: up 16% to £596 over the same period

Sold price per square foot over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
Window endsElephant and CastleLondon
Sept 2016£725£515
Dec 2016£739£523
Mar 2017£738£525
Jun 2017£738£529
Sept 2017£726£533
Dec 2017£733£535
Mar 2018£753£536
Jun 2018£756£535
Sept 2018£753£534
Dec 2018£754£533
Mar 2019£714£530
Jun 2019£695£526
Sept 2019£719£524
Dec 2019£714£525
Mar 2020£724£529
Jun 2020£733£531
Sept 2020£710£536
Dec 2020£713£547
Mar 2021£719£555
Jun 2021£726£562
Sept 2021£726£564
Dec 2021£733£566
Mar 2022£725£571
Jun 2022£714£579
Sept 2022£749£595
Dec 2022£751£605
Mar 2023£750£608
Jun 2023£753£609
Sept 2023£730£605
Dec 2023£724£601
Mar 2024£739£600
Jun 2024£732£600
Sept 2024£745£602
Dec 2024£752£605
Mar 2025£744£606
Jun 2025£733£607
Sept 2025£719£606
Dec 2025£718£604
Mar 2026£709£601
Jun 2026£734£598
Jul 2026£735£596

Homes sold in Elephant and Castle

Completed sales
439in line with previous year

Previous 12 months: 449 sales

Median sold price
£475,000↓ 10% below London

London: £525,000

The median sold price in Elephant and Castle is up 7% over the last 10 years, to £475k

London: up 27% to £525k over the same period

Median sold price over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
Window endsElephant and CastleLondon
Mar 2016£443k£415k
Jun 2016£450k£425k
Sept 2016£464k£430k
Dec 2016£476k£435k
Mar 2017£485k£440k
Jun 2017£490k£445k
Sept 2017£488k£450k
Dec 2017£500k£455k
Mar 2018£500k£459k
Jun 2018£500k£459k
Sept 2018£500k£458k
Dec 2018£500k£457k
Mar 2019£500k£455k
Jun 2019£494k£455k
Sept 2019£485k£455k
Dec 2019£480k£460k
Mar 2020£487k£465k
Jun 2020£485k£465k
Sept 2020£485k£475k
Dec 2020£499k£490k
Mar 2021£495k£500k
Jun 2021£510k£510k
Sept 2021£523k£505k
Dec 2021£516k£500k
Mar 2022£516k£500k
Jun 2022£475k£500k
Sept 2022£486k£520k
Dec 2022£500k£525k
Mar 2023£495k£525k
Jun 2023£500k£526k
Sept 2023£505k£525k
Dec 2023£485k£522k
Mar 2024£500k£522k
Jun 2024£509k£521k
Sept 2024£500k£525k
Dec 2024£510k£525k
Mar 2025£506k£526k
Jun 2025£490k£530k
Sept 2025£483k£530k
Dec 2025£475k£528k
Jan 2026£475k£525k

439 homes sold in Elephant and Castle in the 12 months to January 2026, in line with Elephant and Castle's five-year norm

London is 2% above its own five-year norm

Homes sold over time (12-month windows ending each quarter)
Window endsElephant and Castle
Mar 2016507
Jun 2016457
Sept 2016400
Dec 2016372
Mar 2017314
Jun 2017330
Sept 2017355
Dec 2017360
Mar 2018389
Jun 2018408
Sept 2018414
Dec 2018392
Mar 2019342
Jun 2019302
Sept 2019305
Dec 2019313
Mar 2020309
Jun 2020301
Sept 2020257
Dec 2020266
Mar 2021322
Jun 2021453
Sept 2021468
Dec 2021456
Mar 2022448
Jun 2022363
Sept 2022396
Dec 2022438
Mar 2023408
Jun 2023381
Sept 2023398
Dec 2023377
Mar 2024392
Jun 2024415
Sept 2024420
Dec 2024451
Mar 2025502
Jun 2025492
Sept 2025460
Dec 2025436
Jan 2026439

What listings offer

Elephant and Castle has less parking and fewer gardens than London.

Gardens
38%

Fewer gardens than London

38% of listings have a garden; London: 53%. 228 of 601 listings have a garden. Counted from listing descriptions, so treat as a lower bound.
Parking
20%

Less parking than London

20% of listings have parking or a garage; London: 43%. 120 of 601 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.
Chain-free
27%

Chain-free in line with London

27% of listings are listed as chain-free; London: 28%. 162 of 601 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.

Recent sales in Elephant and Castle

The newest completed sales registered with HM Land Registry

AddressSoldPrice
Flat 2, Keystone House, 106a Alberta Street · SE17 3RTFlat · LeaseholdJul 2026£660,000
55 Canterbury Place · SE17 3ADTerraced · FreeholdJul 2026£803,000
Flat 703, Drake Apartments, 26 Heygate Street · SE17 1FPFlat · LeaseholdJul 2026£575,000
Flat 3, Marnock House Brandon Street · SE17 1EFFlat · LeaseholdJul 2026£420,000
Flat 1, Two Eagles House, 119c Brook Drive · SE11 4TQFlat · LeaseholdJul 2026£595,000

Current listings worth a look

Picked by simple rules, not adverts: cheapest, most space, gardens

Watching the Elephant and Castle market?

Perch sends you the new listings, price drops and off-market moves that match your search, every morning, from every estate agent we track.

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Looking at one home in Elephant and Castle?

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How nearby areas compare

Current listings around Elephant and Castle

AreaFor saleMedian askingSold £/sq ft
Elephant and Castle601£550k£735
Walworth575£525k£705
Kennington634£600k£758
Borough486£701k£804
Bermondsey1,310£600k£712
Vauxhall1,077£800k£777
Peckham955£450k£674
South Lambeth894£742k£743
Victoria842£997k£929
Rotherhithe840£541k£678
Camberwell804£450k£698
Dulwich749£525k£754
Whitechapel612£625k£787
Londonbenchmark66,144£565k£596

Key facts about Elephant and Castle

  • Rising over the long run, but falling over the last year: the median sold price in Elephant and Castle is up 7% over the last 10 years and down 7% over the last 12 months.
  • Space in Elephant and Castle costs more than across London: homes sold for a median £735 per square foot, 23% above London (£596, 12 months to July 2026).
  • Sales are in line with Elephant and Castle's five-year norm: 439 homes sold in the 12 months to January 2026, against a norm of 438 a year; 134 homes came onto the market in the last 30 days and 81 left it.

Elephant and Castle property market: common questions

Where is Elephant and Castle?

Elephant and Castle sits in central London, in Southwark.

What is the average house price in Elephant and Castle?

The median asking price across the 601 homes for sale in Elephant and Castle is £550,000 (as of 4 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 £425,000 and £770,000. That is 3% below London. Homes that actually sold in Elephant and Castle went for a median £475,000 (Land Registry, 12 months to January 2026).

Are house prices in Elephant and Castle rising or falling?

Rising over the long run, but falling over the last year. Based on HM Land Registry completed sales, the median sold price in Elephant and Castle is up 7% over the last 10 years and down 7% over the last 12 months (12 months to January 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.

Is Elephant and Castle cheaper than London?

Yes: asking prices in Elephant and Castle are typically lower than across London. The median asking price in Elephant and Castle is £550,000 against £565k across London: 3% below London. Some of that gap reflects what is for sale in each place rather than like-for-like value. Entry-level prices are close to London's.

How many homes are for sale in Elephant and Castle?

601 homes are on the market in Elephant and Castle right now, up 7% since 31 Aug, 134 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 Elephant and Castle?

56 listings in Elephant and Castle 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 Elephant and Castle?

Of the Elephant and Castle 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 127 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 do flats and houses cost in Elephant and Castle?

The median asking price for a flat in Elephant and Castle is £500,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £950,000 across 39 listings. The Prices by property type chart on this page covers every type we track.

How much is a two-bedroom flat in Elephant and Castle?

The median asking price for a two-bedroom flat in Elephant and Castle is £631,125, across 230 current listings.

How much is a three-bedroom house in Elephant and Castle?

There is no single three-bedroom house price: the largest group of three-bedroom houses for sale in Elephant and Castle is terraced houses, at a median asking price of £950,000 across 18 listings. The Size × type view on this page covers every combination we track.

What is the price per square foot in Elephant and Castle?

In Elephant and Castle, homes that sold went for a median £735 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £777 per sq ft.

How these numbers are made

  • Asking figures: Current listings we track across estate agents and portals (601 in Elephant and Castle), refreshed daily, as of 4 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 Elephant and Castle since August 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 January 2026; sold price per square foot covers the 12 months to July 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.