Local market reports › SE area › SE1 › SE1 9
Bankside market report SE1 9, London
The SE1 9 (Bankside) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 1,974 HM Land Registry entries for SE1 9 (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical SE1 9 (London) home changed hands for £790,000 in 2026 (median of 11 registered sales, down 12% on five years earlier), with the mean at £2,381,000, and by floor area homes here have averaged about £12,870 per square metre over the last five years. Source: 1,974 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like SE1 9 is a single group of streets within SE1 (London), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where SE1 9 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.
The going rate for a home in SE1 9
The 2026 median for SE1 9 is £790,000, taken from 11 registered sales. The mean, which is what most sites call the "average house price", is £2,381,000, 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 9
By floor space, homes in SE1 9 have sold for about £12,870 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
England and Wales as a whole trade at a £285,000 median, leaving SE1 9 177% above the national figure.
SE1 9's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £790,000 | £790,000 | 11 |
| 2025 | £995,000 | £1,018,793 | 38 |
| 2024 | £1,137,500 | £1,209,396 | 48 |
| 2023 | £1,540,000 | £1,692,084 | 85 |
| 2022 | £840,600 | £985,699 | 36 |
| 2021 | £900,000 | £1,139,516 | 45 |
| 2020 | £1,475,000 | £1,913,843 | 30 |
| 2019 | £2,377,500 | £3,116,333 | 107 |
| 2018 | £1,130,000 | £1,506,311 | 173 |
| 2017 | £1,043,000 | £1,422,547 | 36 |
| 2016 | £2,103,800 | £2,943,237 | 55 |
| 2015 | £960,000 | £1,356,480 | 95 |
| 2014 | £975,800 | £1,384,343 | 50 |
| 2013 | £950,000 | £1,366,955 | 63 |
| 2012 | £995,000 | £1,464,516 | 81 |
| 2011 | £766,000 | £1,156,365 | 79 |
| 2010 | £602,200 | £944,405 | 56 |
| 2009 | £438,800 | £705,375 | 38 |
| 2008 | £490,000 | £803,213 | 21 |
| 2007 | £520,000 | £882,065 | 37 |
| 2006 | £371,000 | £644,009 | 46 |
| 2005 | £320,000 | £569,471 | 55 |
| 2004 | £329,800 | £598,981 | 74 |
| 2003 | £300,500 | £553,594 | 34 |
| 2002 | £384,800 | £723,998 | 74 |
| 2001 | £305,000 | £586,347 | 83 |
| 2000 | £370,000 | £726,125 | 105 |
| 1999 | £205,000 | £408,554 | 45 |
| 1998 | £190,000 | £383,529 | 111 |
| 1997 | £181,000 | £371,194 | 66 |
| 1996 | £135,000 | £284,709 | 59 |
| 1995 | £113,000 | £245,645 | 38 |
In cash terms the typical SE1 9 home went from £113,000 in 1995 to £790,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 222%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2019. The market now sits about 75% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SE1 9 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 2016 (+119.1% on the year before); the weakest, 2017 (−50.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SE1 9 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −20.6% | −22.5% |
| 5 years (since 2021) | −2.6% | −7.1% |
| 10 years (since 2016) | −9.3% | −12.3% |
| 20 years (since 2006) | +3.9% | +1.0% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
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.
SE1 9 recorded 11 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 64 sales a year before the financial crisis and 44 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
The rental side of SE1 9
SE1 9 falls under Southwark, where the ONS puts the average private rent at £2,394 a month (May 2026 figures). A one-bed averages £1,814 a month here and a four-or-more-bed £3,491, so size does most of the work in setting the rent.
Average monthly rent by size, Southwark
ONS Price Index of Private Rents, May 2026.
Set against the £790,000 median sold price, £2,394 a month is £28,728 a year, a gross yield of 3.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
How SE1 9 trades
Only 11 sales completed here in the last twelve months of data, which makes SE1 9 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the SE1 district median, SE1 9 sits 44% higher, marking it as a dearer pocket of the district.
SE1 9 (Bankside): the questions that come up
Is SE1 9 (Bankside) a good place to buy a house?
How much did a house sell for in SE1 9 (Bankside)?
Are property prices falling in SE1 9 (Bankside)?
Where do SE1 9 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is down 12% over five years in cash but down 31% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in SE1 now
This is what you could actually buy today: 219 homes currently on the market from 16 agents publishing to HomesIndex.
These cover the whole SE1 district, not just SE1 9: live asking prices are collected per district.
24% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- Devon Mansions, Tooley Street, London Bridge, London
- St. Saviours Estate, London
- Whitehouse Apartments, Southbank
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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.
The price of an extra bedroom in SE
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%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. 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.
Winners and losers across the SE area, five years
The biggest risers and fallers in cash terms; every row links to that district's 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 6 | £420,000 | 29 |
| SE1 7 | £560,000 | 31 |
| SE1 8 | £585,000 | 12 |
Zoom out to the full SE1 district report for the type split, monthly volumes and how SE1 compares with its neighbours.
Thinking of selling in SE1 9? Get a rough value first
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SE1 9's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SE1 9.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to SE1 9. Free after a one click sign in.
See every individual SE1 9 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.