Local market reports › SE area › SE1 › SE1 4
Bankside market report SE1 4, London
The standing SE1 4 (Bankside) property market report, rebuilt from the full public record every month. Underneath every chart here sit 4,730 registered sales in SE1 4 (London) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in SE1 4 (London) came in at £470,000, out of 36 registered, down 27% on five years earlier, and the mean stands at £563,200, and by floor area homes here have averaged about £8,460 per square metre over the last five years. The record behind it is 4,730 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
SE1 4 is one sector of SE1 (London): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where SE1 4 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
SE1 4 sold prices: where the market stands
36 sales were registered in SE1 4 in 2026, and the middle one of them, the median, went for £470,000. The mean works out at £563,200, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in SE1 4
Measured by floor area, the last five years of SE1 4 sales average about £8,460 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
The national median for England and Wales is £285,000, which puts SE1 4 65% above the country at large.
SE1 4's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £470,000 | £470,000 | 36 |
| 2025 | £530,000 | £542,674 | 93 |
| 2024 | £530,000 | £563,499 | 96 |
| 2023 | £520,000 | £571,353 | 59 |
| 2022 | £615,000 | £721,158 | 109 |
| 2021 | £647,500 | £819,819 | 89 |
| 2020 | £584,500 | £758,401 | 49 |
| 2019 | £624,000 | £817,915 | 115 |
| 2018 | £600,000 | £799,811 | 148 |
| 2017 | £627,500 | £855,847 | 98 |
| 2016 | £591,000 | £826,815 | 98 |
| 2015 | £597,500 | £844,268 | 146 |
| 2014 | £480,000 | £680,964 | 136 |
| 2013 | £392,000 | £564,049 | 187 |
| 2012 | £376,000 | £553,425 | 186 |
| 2011 | £328,200 | £495,456 | 120 |
| 2010 | £370,000 | £580,255 | 119 |
| 2009 | £353,500 | £568,254 | 76 |
| 2008 | £337,500 | £553,234 | 86 |
| 2007 | £382,200 | £648,318 | 352 |
| 2006 | £257,700 | £447,334 | 373 |
| 2005 | £325,000 | £578,369 | 199 |
| 2004 | £285,500 | £518,524 | 280 |
| 2003 | £285,000 | £525,039 | 279 |
| 2002 | £245,000 | £460,965 | 172 |
| 2001 | £220,400 | £423,708 | 250 |
| 2000 | £193,100 | £378,959 | 230 |
| 1999 | £141,500 | £282,002 | 154 |
| 1998 | £132,200 | £266,855 | 110 |
| 1997 | £90,500 | £185,597 | 106 |
| 1996 | £60,000 | £126,537 | 65 |
| 1995 | £75,200 | £163,473 | 114 |
In cash terms the typical SE1 4 home went from £75,200 in 1995 to £470,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 188%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2017; the current median sits about 45% below that. Someone who bought at the 2017 peak has not yet seen that price back in real terms.
Year-on-year change in the SE1 4 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1997 (+50.8% on the year before); the weakest, 2006 (−20.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −11.3% | −13.4% |
| 5 years (since 2021) | −6.2% | −10.5% |
| 10 years (since 2016) | −2.3% | −5.5% |
| 20 years (since 2006) | +3.1% | +0.2% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Sales activity in SE1 4
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 36 SE1 4 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 267 sales a year before the financial crisis and 79 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What homes rent for around SE1 4
For renting purposes SE1 4 sits in Southwark. The ONS average private rent there is £2,394 a month (May 2026). The spread runs from £1,814 a month for a typical one-bed to £3,491 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Southwark
ONS Price Index of Private Rents, May 2026.
£2,394 a month is £28,728 a year, which against the £470,000 median sold price makes a gross yield of 6.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Reading the SE1 4 market
Only 36 sales completed here in the last twelve months of data, which makes SE1 4 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the SE1 district median, SE1 4 sits 15% lower, marking it as a cheaper pocket of the district.
SE1 4 (Bankside): the questions that come up
Is SE1 4 (Bankside) a good place to buy a house?
How much did a house sell for in SE1 4 (Bankside)?
Are property prices falling in SE1 4 (Bankside)?
Will SE1 4 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is down 27% over five years in cash but down 43% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
On the market in SE1 today
The live side of the market holds 219 homes at the moment, listed by 16 agents publishing to HomesIndex.
These cover the whole SE1 district, not just SE1 4: live asking prices are collected per district.
24% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Devon Mansions, Tooley Street, London Bridge, London
- St. Saviours Estate, London
- Whitehouse Apartments, Southbank
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every SE1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: SE prices by size
What homes of each size actually sold for across the SE area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £516,250 | £795,000 (+54%) | £1,325,000 (+67%) | £2,025,000 (+53%) |
| Semi-detached | £375,000 | £480,000 (+28%) | £613,025 (+28%) | £870,000 (+42%) | £1,390,000 (+60%) |
| Terraced | £405,000 | £475,000 (+17%) | £630,000 (+33%) | £878,697 (+39%) | £1,275,000 (+45%) |
| Flat | £345,000 | £465,000 (+35%) | £645,000 (+39%) | £885,000 (+37%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the SE area is the point: the same five years treated these districts very differently.
SE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in SE1
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SE1, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SE1 0 | £535,000 | 15 |
| SE1 1 | £475,000 | 16 |
| SE1 2 | £670,000 | 35 |
| SE1 3 | £515,000 | 33 |
| SE1 5 | £450,000 | 31 |
| SE1 6 | £420,000 | 29 |
| SE1 7 | £560,000 | 31 |
| SE1 8 | £585,000 | 12 |
| SE1 9 | £790,000 | 11 |
Zoom out to the full SE1 district report for the type split, monthly volumes and how SE1 compares with its neighbours.
Selling in SE1 4? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SE1 4, open the average prices map and zoom from the SE1 4 shading down to the sold homes on your own street. Every recorded SE1 4 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim SE1 4.
Go deeper
Behind the answers sits the same Land Registry record as this page, with SE1 4 already set as the subject. Free, one click sign in.
The live map plots every individual SE1 4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.