Local market reports › SE area › SE1 › SE1 6
Bankside market report SE1 6, London
The SE1 6 (Bankside) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 3,457 registered sales in SE1 6 (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.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for SE1 6 (London) is £420,000, from 29 registered sales, down 5% on five years earlier; the mean is £510,700, and by floor area homes here have averaged about £8,240 per square metre over the last five years. Behind the figures sit 3,457 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
SE1 6 is a postcode sector: one group of streets inside SE1 (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where SE1 6 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.
What a home in SE1 6 sells for
In the SE1 6 property market, the 2026 median sale price is £420,000, from 29 registered sales; the mean, the "average house price" most sites quote, is £510,700, sitting well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
What a square metre costs in SE1 6
Per square metre, SE1 6 homes have averaged around £8,240 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so SE1 6 trades 47% above the country as a whole.
SE1 6's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £420,000 | £420,000 | 29 |
| 2025 | £425,000 | £435,163 | 80 |
| 2024 | £502,600 | £534,367 | 80 |
| 2023 | £497,000 | £546,082 | 56 |
| 2022 | £465,000 | £545,266 | 77 |
| 2021 | £442,000 | £559,629 | 83 |
| 2020 | £511,200 | £663,293 | 63 |
| 2019 | £492,500 | £645,550 | 72 |
| 2018 | £589,500 | £785,815 | 264 |
| 2017 | £465,000 | £634,213 | 65 |
| 2016 | £495,000 | £692,510 | 359 |
| 2015 | £395,000 | £558,135 | 85 |
| 2014 | £380,000 | £539,096 | 103 |
| 2013 | £312,500 | £449,656 | 79 |
| 2012 | £300,000 | £441,563 | 65 |
| 2011 | £290,300 | £438,241 | 125 |
| 2010 | £335,000 | £525,366 | 284 |
| 2009 | £242,500 | £389,821 | 48 |
| 2008 | £275,000 | £450,783 | 72 |
| 2007 | £235,000 | £398,625 | 101 |
| 2006 | £215,000 | £373,213 | 109 |
| 2005 | £210,000 | £373,715 | 65 |
| 2004 | £205,000 | £372,320 | 62 |
| 2003 | £179,000 | £329,761 | 66 |
| 2002 | £167,000 | £314,209 | 127 |
| 2001 | £140,000 | £269,143 | 104 |
| 2000 | £137,500 | £269,844 | 95 |
| 1999 | £115,000 | £229,189 | 88 |
| 1998 | £94,000 | £189,746 | 258 |
| 1997 | £85,900 | £176,164 | 252 |
| 1996 | £65,400 | £137,926 | 24 |
| 1995 | £55,000 | £119,562 | 17 |
In cash terms the typical SE1 6 home went from £55,000 in 1995 to £420,000 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 251%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2018; the current median sits about 47% below that. Someone who bought at the 2018 peak has not yet seen that price back in real terms.
Year-on-year change in the SE1 6 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 2010 (+38.1% on the year before); the weakest, 2019 (−16.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SE1 6 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −1.2% | −3.5% |
| 5 years (since 2021) | −1.0% | −5.6% |
| 10 years (since 2016) | −1.6% | −4.9% |
| 20 years (since 2006) | +3.4% | +0.6% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Transaction volumes
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 29 SE1 6 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 91 sales a year before the financial crisis and 64 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.
Reading the SE1 6 market
This is a thin market: 29 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. 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 6 sits 24% lower, marking it as a cheaper pocket of the district.
What tenants pay around SE1 6
SE1 6 falls under Southwark, where the ONS puts the average private rent at £2,394 a month (May 2026 figures). 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 £420,000 median sold price makes a gross yield of 6.8%. 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.
The questions people bring to SE1 6 (Bankside)
To the person who searched house valuation se1
: no page can honestly value a specific home unseen, and this one does not try. It gives you the evidence a valuer starts from, the £420,000 median and every recorded sale nearby, on the average prices map right down to street level.
Search phrases quoted verbatim from Google Search Console for this site (last 16 months); each is answered from the page's own Land Registry figures.
Common questions on SE1 6 (Bankside)
Is SE1 6 (Bankside) a good place to buy a house?
How much did a house sell for in SE1 6 (Bankside)?
Are property prices falling in SE1 6 (Bankside)?
What happens to SE1 6 prices now?
The record answers a different question than "what happens next": the median is down 5% over five years in cash but down 25% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in SE1 right now
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 6: live asking prices are collected per district.
Of everything listed here, 24% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- 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 →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in SE
The Land Registry record, split by size: what each kind of home actually sold for across the SE area. 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the SE area is the point: the same five years treated these districts very differently.
Five-year change in the median, SE area districts
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 4 | £470,000 | 36 |
| SE1 5 | £450,000 | 31 |
| 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 a home in SE1 6? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SE1 6, use the average prices map for a rough value: zoom from SE1 6's shading down to the sold homes on your own street. The figures above are every recorded SE1 6 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working SE1 6: the featured spot on this report is free for founding agents, one per district. Claim SE1 6.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to SE1 6. Free after a one click sign in.
The live map plots every individual SE1 6 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.