Neighbourhood · Southwark
London Bridge & Bermondsey West: house prices and how the area is changing
Official figures for the London Bridge & Bermondsey West neighbourhood of Southwark, England (ONS area Southwark 006). Headline figures assembled 13 October 2026. Postcodes SE1, SE16, SE1P. Figures that read a point use the neighbourhood's centre, near SE1 5SY.
A middle-income neighbourhood, with signals pointing away from gentrification
London Bridge & Bermondsey West is a middle-income neighbourhood. But area signals point away from gentrification against Southwark (6 of 21 signals falling, 1 rising). Flats here typically resell for £489,500 (median resale price, 2023-2025). Schools nearby are improving in line with the council's and the nearest station, Borough, is about a 15-minute walk from the neighbourhood's centre. Recorded crime per resident is 1.6 times the borough's rate, but there are about 2.7 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
£489,500
Median resale price of flats in the neighbourhood, 2023-2025; -6% 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
Moving the other way
Weighted balance -0.33; 1 of 21 signals up, 6 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 6 small areas range from decile 3 to 6.
Source: MHCLG English Indices of Deprivation 2025
Average household income
£66,100
ONS estimate for the neighbourhood (modelled, with a margin of error).
Source: Office for National Statistics
Recorded crime
1.6 times the borough's rate
A busy centre, with about 2.7 jobs for every resident here, so crime per resident overstates the risk to people who live here (28,990 jobs in 2024 against 10,786 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 London Bridge & Bermondsey West sits in Southwark
- Typical flat price: 10th highest of 34 neighbourhoods in Southwark
- Average household income: 13th lowest 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 London Bridge & Bermondsey West
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
1 of 21 counted signals point towards rising affluence against Southwark, 6 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
- Homes selling
Falling behind the borough
- Resale prices
- Recent price momentum
- Degree-educated residents
- Premium and budget brands
- Home improvement applications
- Catching up with neighbouring areas
Stations and schools nearby
Nearest stations
- Borough Underground station, about a 15-minute walk from the neighbourhood's centre (1.2 km in a straight line).
- Elephant & Castle Railway station, about a 16-minute walk from the neighbourhood's centre (1.2 km in a straight line). About 15 trains an hour leave between 07:00 and 19:00 on a weekday: Thameslink to St Albans City (about 48 min) and Sutton (London) (37 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 Grange Primary School 260 m from the neighbourhood's centre. Ofsted: No overall grade: Good in 4 areas (Feb 2025).
- Nearest state secondary school St Saviour's and St Olave's Church of England School 450 m from the neighbourhood's centre. Ofsted: 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 London Bridge & Bermondsey West
What is the typical flat price in London Bridge & Bermondsey West?
£489,500. Median resale price of flats in the neighbourhood, 2023-2025; -6% against 2017-2019.
How does London Bridge & Bermondsey West compare with the rest of Southwark?
Typical flat price: 10th highest of 34 neighbourhoods in Southwark. Average household income: 13th lowest of 34 neighbourhoods in Southwark.
Is London Bridge & Bermondsey West an affluent area?
Middle income. How well off the neighbourhood is now, from household income, home prices and deprivation.
Is London Bridge & Bermondsey West gentrifying?
Moving the other way. Weighted balance -0.33; 1 of 21 signals up, 6 down, against the borough.
What is the nearest station to London Bridge & Bermondsey West?
Borough. Underground station, about a 15-minute walk from the neighbourhood's centre (1.2 km in a straight line).
Which state schools are nearest to London Bridge & Bermondsey West?
Nearest state primary school. Grange Primary School. 260 m from the neighbourhood's centre. Ofsted: No overall grade: Good in 4 areas (Feb 2025). Nearest state secondary school. St Saviour's and St Olave's Church of England School. 450 m from the neighbourhood's centre. Ofsted: Good (Nov 2022).
Each answer repeats a figure shown above, with its source there.
Thinking of buying in London Bridge & Bermondsey West?
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Prepare a full report for a home here See a sample reportNearby neighbourhoods in Southwark
- South Bermondsey West
- Bermondsey North
- Burgess Park
- Walworth North
- Bermondsey East
- Walworth South
- Elephant & Castle
- Butler's Wharf and Queen's Walk
- All 34 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.