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Bermondsey House Prices

The average house price in Bermondsey is £617,424 using HM Land Registry data.

The average property price decreased by £72,979 (--10.33%) over the last 5 years and decreased by £14,623 (--2.26%) over the last 12 months.

Over the last year, there were 323 residential property sales – a decrease of 55 transactions (-17.03%) relative to the previous year. The majority of house sales (88) were in the £330,000 - £464,000 range. Then came properties in the £464,000 - £598,000 range, where 67 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 222 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,233 (-3%).

In February 2025, there were 116 new estate agency instructions, 40 agreed home sales and 75 property price reductions.

5-Year Average Property Prices in Bermondsey

-10.33%

Property prices in Bermondsey decreased by -10.33% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Bermondsey Over the Last Year

-2.26%

Property prices in Bermondsey decreased by -2.26% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Bermondsey - February 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Bermondsey

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Bermondsey

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Bermondsey

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Bermondsey since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Bermondsey area since 1995.

Recent Property Sales in Bermondsey

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
58 Southwark Park Road, London, Greater London, SE16 3RS	£900,000	£875,000	-£25,000	31 Jan 2024	22 Apr 2024	82 Days
Flat 12, Robert Jones House, Eveline Lowe Estate, London, Greater London, SE16 3SR	£350,000	£345,000	-£5,000	29 Nov 2022	16 Apr 2024	504 Days
Flat 32, Pope House, Manor Estate, London, Greater London, SE16 3NU	£295,000	£260,000	-£35,000	03 Mar 2023	11 Apr 2024	405 Days
Flat 96, Devon Mansions, Tooley Street, London, Greater London, SE1 2LB	£450,000	£435,000	-£15,000	31 May 2023	04 Apr 2024	309 Days
Flat 470, Devon Mansions, Jamaica Road, London, Greater London, SE1 2BU	£600,000	£576,462	-£23,538	22 Jun 2023	15 Feb 2024	238 Days
2 Painters Mews, London, Greater London, SE16 3XT	£650,000	£627,500	-£22,500	27 Feb 2023	01 Feb 2024	339 Days
15 Clements Road, London, Greater London, SE16 4DW	£750,000	£741,000	-£9,000	23 Oct 2023	29 Jan 2024	98 Days
271 Neckinger Estate, London, Greater London, SE16 3QB	£400,000	£400,000	£0	06 Sep 2023	26 Jan 2024	142 Days
Flat 14, Thetford House, St Saviours Estate, London, Greater London, SE1 3PE	£430,000	£426,000	-£4,000	08 Aug 2023	23 Jan 2024	168 Days
Flat 9, St. Lawrence House, St Saviours Estate, London, Greater London, SE1 3BY	£430,000	£425,000	-£5,000	21 Sep 2023	15 Dec 2023	85 Days
Flat 6, Helen Taylor House, Linsey Street, London, Greater London, SE16 3YA	£360,000	£360,000	£0	14 Jun 2023	30 Nov 2023	169 Days
Flat 15, Pickwick House, George Row, London, Greater London, SE16 4UT	£585,000	£545,000	-£40,000	20 Jul 2023	29 Nov 2023	132 Days
30 Providence Square, London, Greater London, SE1 2EA	£900,000	£882,000	-£18,000	01 Jun 2023	28 Nov 2023	180 Days
Flat 261, The Circle, Queen Elizabeth Street, London, Greater London, SE1 2JW	£400,000	£383,400	-£16,600	02 Aug 2023	24 Nov 2023	114 Days
12 Henley Drive, London, Greater London, SE1 3AP	£325,000	£310,000	-£15,000	05 Jul 2023	24 Nov 2023	142 Days
27 Oxford Drive, London, Greater London, SE1 2FB	£650,000	£620,000	-£30,000	14 Nov 2023	16 Nov 2023	2 Days
3 Longfellow Way, London, Greater London, SE1 5TB	£700,000	£645,000	-£55,000	03 May 2023	10 Nov 2023	191 Days
Flat 166, Devon Mansions, Tooley Street, London, Greater London, SE1 2XH	£525,000	£520,000	-£5,000	02 Aug 2023	01 Nov 2023	91 Days
Flat 370, Devon Mansions, Tooley Street, London, Greater London, SE1 2XG	£475,000	£465,000	-£10,000	26 May 2023	30 Oct 2023	157 Days
7 Bushwood Drive, London, Greater London, SE1 5RE	£700,000	£685,000	-£15,000	01 Jul 2023	27 Oct 2023	118 Days

Most Expensive Streets in Bermondsey

Postcode	Street	Area	Average	No. of Sales
SE1 2YE	Shad Thames	London	£1,892,500	12
SE16 4US	Providence Tower	Bermondsey Wall West	£1,658,333	3
SE1 2SA	Tudor House	Duchess Walk	£1,518,449	11
SE1 2YQ	Shad Thames	London	£1,308,333	3
SE1 2RZ	Windlesham House	Duchess Walk	£1,285,000	4
SE1 2BB	New Concordia Wharf	London	£1,225,012	13
SE16 4TT	Bermondsey Wall East	London	£1,196,250	4
SE1 3UW	Bermondsey Street	London	£1,185,000	7
SE1 3BA	Grange Road	London	£1,178,333	3
SE1 2PX	Butlers & Colonial Wharf	London	£1,155,555	9

Least Expensive Streets in Bermondsey

Postcode	Street	Area	Average	No. of Sales
SE16 3ED	Stubbs Drive	London	£252,000	5
SE16 3PH	Barry House	Rennie Estate	£258,666	3
SE1 5HP	Oxley Close	London	£265,000	4
SE16 3XA	Cadbury Way	London	£279,500	8
SE16 3XB	Cadbury Way	London	£282,333	3
SE16 3EB	Stubbs Drive	London	£285,333	3
SE1 3EA	St. Vincent House	St Saviours Estate	£287,999	6
SE16 3EA	Rossetti Road	London	£291,666	3
SE16 3EE	Stubbs Drive	London	£306,250	4
SE16 3UJ	Amina Way	London	£307,833	3