South Lambeth property market

South Lambeth sits in south London, mostly in Lambeth, about 2 miles from the centre. Figures for South Lambeth cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.

The median asking price across the 894 homes for sale in South Lambeth is £741,500 (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 £500,000 and £1,128,750. That is 31% above London. Homes that actually sold in South Lambeth went for a median £550,000 (Land Registry, 12 months to January 2026).

Rising over the long run, but falling over the last year. Based on HM Land Registry completed sales, the median sold price in South Lambeth is up 10% over the last 10 years and down 3% 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.

No: asking prices in South Lambeth are typically higher than across London. The median asking price in South Lambeth is £741,500 against £565k across London: 31% 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.

894 homes are on the market in South Lambeth right now, up 6% since 31 Aug, 168 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

97 listings in South Lambeth had their asking price reduced in the last 30 days, about 11% of the homes currently for sale.

Of the South Lambeth 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 81 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 Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

The median asking price for a flat in South Lambeth is £700,000. 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 £1,275,000 across 26 listings. The Prices by property type chart on this page covers every type we track.

The median asking price for a two-bedroom flat in South Lambeth is £800,000, across 408 current listings.

In South Lambeth, homes that sold went for a median £743 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £937 per sq ft.