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Waterloo & South Bank House Prices

The average house price in Waterloo & South Bank is £667,500 using HM Land Registry data.

The average property price decreased by £57,706 (--5.24%) over the last 5 years and decreased by £11,533 (--1.09%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 7 transactions (-14.00%) relative to the previous year. The majority of house sales (17) were in the £410,000 - £572,000 range. Then came properties in the £572,000 - £734,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 233 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,104 (-3%).

In May 2025, there were 32 new estate agency instructions, 13 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in Waterloo & South Bank

-5.24%

Property prices in Waterloo & South Bank decreased by -5.24% 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 Waterloo & South Bank Over the Last Year

-1.09%

Property prices in Waterloo & South Bank decreased by -1.09% 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 Waterloo & South Bank - May 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 Waterloo & South Bank

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 Waterloo & South Bank

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 Waterloo & South Bank

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 Waterloo & South Bank since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Waterloo & South Bank area since 1995.

Recent Property Sales in Waterloo & South Bank

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Second Floor Flat, 50, Pearman Street, London, Greater London, SE1 7RB	£1,100,000	£622,750	-£477,250	01 Jul 2024	28 Oct 2024	119 Days
48 Pearman Street, London, Greater London, SE1 7RB	£1,300,000	£1,220,000	-£80,000	01 Mar 2024	08 Jul 2024	129 Days
28 Mead Row, London, Greater London, SE1 7JG	£485,000	£462,500	-£22,500	19 Jan 2024	14 Jun 2024	147 Days
Flat 21, Sidford House, Cosser Street, London, Greater London, SE1 7DD	£385,000	£380,000	-£5,000	13 Dec 2023	03 May 2024	142 Days
Apartment 508, West Block, Forum Magnum Square, London, Greater London, SE1 7GL	£480,000	£470,000	-£10,000	26 Sep 2023	25 Apr 2024	212 Days
57 Oakey Lane, London, Greater London, SE1 7HN	£650,000	£600,000	-£50,000	19 Apr 2023	22 Nov 2023	217 Days
40 Roupell Street, London, Greater London, SE1 8TB	£1,000,000	£1,000,000	£0	11 Jul 2023	15 Sep 2023	66 Days
Flat 28, Benson House, Hatfields, London, Greater London, SE1 8DQ	£400,000	£370,000	-£30,000	01 Mar 2023	08 Sep 2023	191 Days
18 Oakey Lane, London, Greater London, SE1 7HL	£775,000	£775,000	£0	23 Dec 2022	01 Aug 2023	221 Days
9 Pearman Street, London, Greater London, SE1 7RB	£1,400,000	£1,390,000	-£10,000	13 Oct 2022	28 Jun 2023	258 Days
12 Whittlesey Street, London, Greater London, SE1 8SZ	£2,000,000	£1,815,000	-£185,000	14 Feb 2023	01 Jun 2023	107 Days
Flat 11, Munro House, Murphy Street, London, Greater London, SE1 7AJ	£500,000	£490,000	-£10,000	12 Dec 2022	10 May 2023	149 Days
17 Mcauley Close, London, Greater London, SE1 7BX	£800,000	£727,000	-£73,000	19 Oct 2022	17 Mar 2023	149 Days
Apartment 616, West Block, Forum Magnum Square, London, Greater London, SE1 7GL	£1,115,000	£860,000	-£255,000	07 Oct 2020	10 Feb 2023	856 Days
105a, Stamford Street, London, Greater London, SE1 9NN	£675,000	£600,000	-£75,000	04 Jan 2021	09 Feb 2023	766 Days
Apartment 502, East Block, Forum Magnum Square, London, Greater London, SE1 7GN	£850,000	£800,000	-£50,000	14 Oct 2022	31 Jan 2023	109 Days
30 Roupell Street, London, Greater London, SE1 8TB	£1,300,000	£1,275,000	-£25,000	10 Oct 2022	31 Jan 2023	113 Days
Apartment 606, East Block, Forum Magnum Square, London, Greater London, SE1 7GN	£535,000	£460,000	-£75,000	11 Jul 2022	27 Jan 2023	200 Days
Flat 26, Gabriel House, Old Paradise Street, London, Greater London, SE11 6AL	£475,000	£460,000	-£15,000	04 Feb 2022	23 Jan 2023	353 Days
32 Oakey Lane, London, Greater London, SE1 7HL	£635,000	£600,000	-£35,000	08 Aug 2022	02 Dec 2022	116 Days

Most Expensive Streets in Waterloo & South Bank

Postcode	Street	Area	Average	No. of Sales
SE1 7AF	Belvedere Road	London	£2,942,716	15
SE1 7RX	Casson Square	London	£2,678,806	18
SE1 7DY	Casson Square	London	£2,496,443	43
SE1 8SZ	Whittlesey Street	London	£1,976,666	3
SE1 8ST	Theed Street	London	£1,532,500	4
SE1 7RN	Casson Square	London	£1,522,143	24
SE1 7EN	Casson Square	London	£1,481,677	52
SE1 7XH	Albert Embankment	London	£1,373,750	8
SE1 8YW	Whitehouse Apartments	Belvedere Road	£1,330,833	9
SE1 8SP	Roupell Street	London	£1,253,750	4

Least Expensive Streets in Waterloo & South Bank

Postcode	Street	Area	Average	No. of Sales
SE1 7RY	Addington Street	London	£218,125	4
SE1 7DD	Sidford House	Cosser Street, London	£380,000	3
SE1 8DQ	Benson House	Hatfields	£407,142	7
SE11 6AL	Gabriel House	Old Paradise Street, London	£448,333	3
SE1 7PJ	Chicheley Street	London	£473,400	5
SE1 7AN	Matheson Lang Gardens	Baylis Road	£489,875	4
SE1 9NN	Stamford Street	London	£551,666	3
SE1 8LX	Windmill House	Windmill Walk	£553,333	3
SE1 7GH	Belvedere Road	London	£580,277	9
SE1 7JQ	Westminster Bridge Road	London	£584,000	3