See a sample

Neighbourhood · Southwark

Butler's Wharf and Queen's Walk: house prices and how the area is changing

Official figures for the Butler's Wharf and Queen's Walk neighbourhood of Southwark, England (ONS area Southwark 035). Headline figures assembled 3 October 2026. Additional local information checked 13 October 2026. Postcodes SE1, SE16, SE1P. Figures that read a point use the neighbourhood's centre, near SE1 2LP.

One of the most affluent neighbourhoods in England, with signals pointing away from gentrification

Butler's Wharf and Queen's Walk is one of the most affluent neighbourhoods in England. But area signals point away from gentrification against Southwark (4 of 20 signals falling, 2 rising). Flats here typically resell for £705,000 (median resale price, 2023-2025). Schools nearby are improving in line with the council's and the nearest station, London Bridge, is about a 10-minute walk from the neighbourhood's centre. Recorded crime per resident is 1.8 times the borough's rate, but there are about 11 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

£705,000

Median resale price of flats in the neighbourhood, 2023-2025; -12% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Among the most 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

Moving the other way

Weighted balance -0.19; 2 of 20 signals up, 4 down, against the borough.

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

Deprivation

Decile 9 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 5 small areas range from decile 8 to 10.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£116,100

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

Source: Office for National Statistics

Recorded crime

1.8 times the borough's rate

A busy centre, with about 11 jobs for every resident here, so crime per resident overstates the risk to people who live here (56,000 jobs in 2024 against 5,312 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 Butler's Wharf and Queen's Walk sits in Southwark

  • Typical flat price: the highest of 34 neighbourhoods in Southwark
  • Average household income: 2nd 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 Butler's Wharf and Queen's Walk

Flat prices: Butler's Wharf and Queen's Walk against Southwark: This neighbourhood £120k (1995) to £740k (2026); Southwark £50k (1995) to £450k (2026).£159k£791k2026202120162011200620011995This neighbourhood£740kSouthwark£450k
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

2 of 20 counted signals point towards rising affluence against Southwark, 4 the other way and 14 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

  • Premium and budget brands
  • Borough against the region

Falling behind the borough

  • Resale prices
  • Recent price momentum
  • Degree-educated residents
  • Catching up with neighbouring areas

Stations and schools nearby

Nearest stations

  • 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).
  • Tower Hill Underground station, about a 10-minute walk from the neighbourhood's centre (790 m in a straight line).

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 Tower Bridge Primary School 160 m from the neighbourhood's centre. Ofsted: No overall grade: Outstanding in 2 areas, Good in 2 (Mar 2025).
  • Nearest state secondary school St Michael's Catholic College 690 m from the neighbourhood's centre. Ofsted: No overall grade: Outstanding in 4 areas (Apr 2025).

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 Butler's Wharf and Queen's Walk

What is the typical flat price in Butler's Wharf and Queen's Walk?

£705,000. Median resale price of flats in the neighbourhood, 2023-2025; -12% against 2017-2019.

How does Butler's Wharf and Queen's Walk compare with the rest of Southwark?

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

Is Butler's Wharf and Queen's Walk an affluent area?

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

Is Butler's Wharf and Queen's Walk gentrifying?

Moving the other way. Weighted balance -0.19; 2 of 20 signals up, 4 down, against the borough.

What is the nearest station to Butler's Wharf and Queen's Walk?

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).

Which state schools are nearest to Butler's Wharf and Queen's Walk?

Nearest state primary school. Tower Bridge Primary School. 160 m from the neighbourhood's centre. Ofsted: No overall grade: Outstanding in 2 areas, Good in 2 (Mar 2025). Nearest state secondary school. St Michael's Catholic College. 690 m from the neighbourhood's centre. Ofsted: No overall grade: Outstanding in 4 areas (Apr 2025).

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

Thinking of buying in Butler's Wharf and Queen's Walk?

A full report covers flood risk, schools, crime, your commute, energy, planning and how the area is changing, for the exact home.

Prepare a full report for a home here See a sample report

Nearby neighbourhoods in Southwark

Postcode districts

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.