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Neighbourhood · Southwark

Canada Water: house prices and how the area is changing

Official figures for the Canada Water neighbourhood of Southwark, England (ONS area Southwark 007). Headline figures assembled 13 October 2026. Postcodes SE16, SE8. Figures that read a point use the neighbourhood's centre, near SE16 7BQ.

A middle-income neighbourhood, showing some signs of gentrification

Canada Water is a middle-income neighbourhood; it shows some signs of gentrification against Southwark (4 of 19 signals rising, 1 falling). Flats here typically resell for £447,500 (median resale price, 2023-2025). Recorded crime is in line with Southwark (1.0 times the borough's rate), schools nearby are improving in line with the council's and the nearest station, Canada Water, is about a 3-minute walk from the neighbourhood's centre.

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

Typical flat price

£447,500

Median resale price of flats in the neighbourhood, 2023-2025; -5% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Middle income

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

Some signs

Weighted balance +0.11; 4 of 19 signals up, 1 down, against the borough.

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

Deprivation

Decile 3 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 3 to 5.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£73,600

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

Source: Office for National Statistics

Recorded crime

1.0 times the borough's rate

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 Canada Water sits in Southwark

  • Typical flat price: joint 16th highest of 34 neighbourhoods in Southwark
  • Average household income: 16th 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 Canada Water

House prices: Canada Water against Southwark: This neighbourhood £86k (1995) to £700k (2016); Southwark £80k (1995) to £890k (2026).£193k£850k2026202120162011200620011995This neighbourhood£700kSouthwark£890k
Median resale price of houses 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).
Flat prices: Canada Water against Southwark: This neighbourhood £42k (1995) to £480k (2026); Southwark £50k (1995) to £450k (2026).£98k£426k2026202120162011200620011995This neighbourhood£480kSouthwark£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

4 of 19 counted signals point towards rising affluence against Southwark, 1 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

  • Anti-social behaviour
  • Air quality
  • New-build activity
  • Benefit claims (DWP)

Falling behind the borough

  • Catching up with neighbouring areas

Stations and schools nearby

Nearest station

  • Canada Water Railway and Underground station, about a 3-minute walk from the neighbourhood's centre (160 m in a straight line). About 32 trains an hour leave between 07:00 and 19:00 on a weekday: London Overground to Dalston Junction (about 17 min) and Clapham Junction (about 30 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 St Joseph's Catholic Primary School 270 m from the neighbourhood's centre. Ofsted: Outstanding (Mar 2024).
  • Nearest state secondary school The Charter School Bermondsey 750 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Nov 2022).

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 Canada Water

What is the typical flat price in Canada Water?

£447,500. Median resale price of flats in the neighbourhood, 2023-2025; -5% against 2017-2019.

How does Canada Water compare with the rest of Southwark?

Typical flat price: joint 16th highest of 34 neighbourhoods in Southwark. Average household income: 16th highest of 34 neighbourhoods in Southwark.

Is Canada Water an affluent area?

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

Is Canada Water gentrifying?

Some signs. Weighted balance +0.11; 4 of 19 signals up, 1 down, against the borough.

What is the nearest station to Canada Water?

Canada Water. Railway and Underground station, about a 3-minute walk from the neighbourhood's centre (160 m in a straight line). About 32 trains an hour leave between 07:00 and 19:00 on a weekday: London Overground to Dalston Junction (about 17 min) and Clapham Junction (about 30 min).

Which state schools are nearest to Canada Water?

Nearest state primary school. St Joseph's Catholic Primary School. 270 m from the neighbourhood's centre. Ofsted: Outstanding (Mar 2024). Nearest state secondary school. The Charter School Bermondsey. 750 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Nov 2022).

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

Thinking of buying in Canada Water?

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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.