Neighbourhood · Southwark

Borough & Southwark Street: house prices and how the area is changing

Official figures for the Borough & Southwark Street neighbourhood of Southwark, England (ONS area Southwark 002). Headline figures assembled 13 October 2026. Postcodes SE1. Figures that read a point use the neighbourhood's centre, near SE1 0FA.

An affluent neighbourhood, changing little against Southwark

Borough & Southwark Street is an affluent neighbourhood; it is changing little against Southwark (few signs of gentrification: 3 of 20 signals rising, 2 falling). Flats here typically resell for £700,000 (median resale price, 2023-2025). Schools nearby are improving in line with the council's and the nearest station, Borough, is about a 5-minute walk from the neighbourhood's centre. Recorded crime per resident is 3.5 times the borough's rate, but there are about 9.9 jobs for every resident here, so crime per resident overstates the risk to people who live here.

The neighbourhood in brief, from the figures on this page. Summary updated 13 October 2026; source dates are shown below.

Typical flat price

£700,000

Median resale price of flats in the neighbourhood, 2023-2025; +1% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Affluent

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Few signs

Weighted balance -0.07; 3 of 20 signals up, 2 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 4 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 6 small areas range from decile 4 to 8.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£76,700

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

3.5 times the borough's rate

A busy centre, with about 9.9 jobs for every resident here, so crime per resident overstates the risk to people who live here (100,995 jobs in 2024 against 10,170 residents at the 2021 census). Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

In line with the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Borough & Southwark Street sits in Southwark

Typical flat price: 2nd highest of 34 neighbourhoods in Southwark
Average household income: 12th highest of 34 neighbourhoods in Southwark

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 13 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Borough & Southwark Street

Median resale price of houses each year here and across Southwark, 1996 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Median resale price of flats each year here and across Southwark, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 13 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

3 of 20 counted signals point towards rising affluence against Southwark, 2 the other way and 15 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Rising against the borough

Single-person households under 65
Premium and budget brands
Homes selling

Falling behind the borough

Recent price momentum
Degree-educated residents

Stations and schools nearby

Nearest stations

Borough Underground station, about a 5-minute walk from the neighbourhood's centre (370 m in a straight line).
London Bridge Railway station, about a 10-minute walk from the neighbourhood's centre (740 m in a straight line). About 87 trains an hour leave between 07:00 and 19:00 on a weekday: Southeastern to London Charing Cross (about 8 min) and London Cannon Street (3 to 43 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

Nearest state primary school The Cathedral School of St Saviour and St Mary Overie 210 m from the neighbourhood's centre. Ofsted: Outstanding (Dec 2022).
Nearest state secondary school Haberdashers' Borough Academy 230 m from the neighbourhood's centre. Ofsted: Good (Mar 2024).

Schools: Department for Education, Get Information about Schools (11 October 2026); inspections: Ofsted's management information as at 31 August 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Borough & Southwark Street

What is the typical flat price in Borough & Southwark Street?

£700,000. Median resale price of flats in the neighbourhood, 2023-2025; +1% against 2017-2019.

How does Borough & Southwark Street compare with the rest of Southwark?

Typical flat price: 2nd highest of 34 neighbourhoods in Southwark. Average household income: 12th highest of 34 neighbourhoods in Southwark.

Is Borough & Southwark Street an affluent area?

Affluent. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Borough & Southwark Street gentrifying?

Few signs. Weighted balance -0.07; 3 of 20 signals up, 2 down, against the borough.

What is the nearest station to Borough & Southwark Street?

Borough. Underground station, about a 5-minute walk from the neighbourhood's centre (370 m in a straight line).

Which state schools are nearest to Borough & Southwark Street?

Nearest state primary school. The Cathedral School of St Saviour and St Mary Overie. 210 m from the neighbourhood's centre. Ofsted: Outstanding (Dec 2022). Nearest state secondary school. Haberdashers' Borough Academy. 230 m from the neighbourhood's centre. Ofsted: Good (Mar 2024).

Each answer repeats a figure shown above, with its source there.

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Nearby neighbourhoods in Southwark

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.