Local market reports › SW area › SW8 › SW8 1
South Lambeth market report SW8 1, London
The SW8 1 (South Lambeth) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 4,090 sales recorded by HM Land Registry in SW8 1 (London) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in SW8 1 (London) came in at £630,000, out of 24 registered, down 4% on five years earlier, and the mean stands at £736,900, and by floor area homes here have averaged about £11,380 per square metre over the last five years. The record behind it is 4,090 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
SW8 1 is one sector of SW8 (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 SW8 1 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.
Today's SW8 1 prices, from the sold record
The SW8 1 median stands at £630,000 for 2026, built from 24 registered sales; the mean, the figure usually quoted as the "average house price", is £736,900, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
Price per square metre in SW8 1
A square metre of SW8 1 home has cost about £11,380 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts SW8 1 121% above the country at large.
A typical SW8 1 home, priced year by year (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 | £630,000 | £630,000 | 24 |
| 2025 | £720,000 | £737,217 | 134 |
| 2024 | £794,700 | £844,929 | 176 |
| 2023 | £677,500 | £744,407 | 122 |
| 2022 | £931,200 | £1,091,938 | 210 |
| 2021 | £658,000 | £833,113 | 225 |
| 2020 | £850,000 | £1,102,893 | 205 |
| 2019 | £526,500 | £690,115 | 83 |
| 2018 | £615,000 | £819,807 | 155 |
| 2017 | £527,500 | £719,457 | 86 |
| 2016 | £534,700 | £748,051 | 87 |
| 2015 | £486,500 | £687,425 | 94 |
| 2014 | £461,400 | £654,577 | 78 |
| 2013 | £340,000 | £489,226 | 93 |
| 2012 | £307,000 | £451,866 | 98 |
| 2011 | £300,000 | £452,885 | 91 |
| 2010 | £302,500 | £474,398 | 84 |
| 2009 | £260,000 | £417,952 | 53 |
| 2008 | £291,000 | £477,010 | 82 |
| 2007 | £275,500 | £467,325 | 194 |
| 2006 | £250,000 | £433,968 | 183 |
| 2005 | £232,200 | £413,222 | 132 |
| 2004 | £216,000 | £392,298 | 148 |
| 2003 | £217,000 | £399,767 | 145 |
| 2002 | £210,000 | £395,113 | 154 |
| 2001 | £180,000 | £346,041 | 150 |
| 2000 | £155,000 | £304,188 | 137 |
| 1999 | £130,000 | £259,083 | 149 |
| 1998 | £104,200 | £210,335 | 150 |
| 1997 | £83,500 | £171,242 | 166 |
| 1996 | £68,000 | £143,409 | 107 |
| 1995 | £68,000 | £147,822 | 95 |
In cash terms the typical SW8 1 home went from £68,000 in 1995 to £630,000 in 2026, roughly 9 times the price. Inflation explains only part of it: in today's money the rise is still about 326%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2020. The market now sits about 43% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SW8 1 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 2020 (+61.4% on the year before); the weakest, 2023 (−27.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SW8 1 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −12.5% | −14.5% |
| 5 years (since 2021) | −0.9% | −5.4% |
| 10 years (since 2016) | +1.7% | −1.7% |
| 20 years (since 2006) | +4.7% | +1.9% |
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.
Sales activity in SW8 1
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.
Over the last twelve months of data, 24 sales completed in SW8 1. Turnover has held fairly steady across the cycle: about 133 sales a year recently, against 155 a year before 2008. 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 shape of the SW8 1 market
This is a thin market: 24 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. Within SW8, this sector trades 14% above the district median: one of the dearer corners of its district.
What homes rent for around SW8 1
SW8 1 falls under Lambeth, where the ONS puts the average private rent at £2,527 a month (May 2026 figures). The spread runs from £1,882 a month for a typical one-bed to £3,725 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Lambeth
ONS Price Index of Private Rents, May 2026.
Set against the £630,000 median sold price, £2,527 a month is £30,324 a year, a gross yield of 4.8%: 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.
What people ask about SW8 1 (South Lambeth)
Are property prices falling in SW8 1 (South Lambeth)?
Is SW8 1 (South Lambeth) a good place to buy a house?
How much did a house sell for in SW8 1 (South Lambeth)?
Are SW8 1 prices heading up or down?
The record answers a different question than "what happens next": the median is down 4% over five years in cash but down 24% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
SW8's current homes for sale
The live side of the market holds 109 homes at the moment, listed by 18 agents publishing to HomesIndex.
These cover the whole SW8 district, not just SW8 1: live asking prices are collected per district.
22% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every SW8 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.
Bedroom by bedroom: SW prices by size
Real sold prices by size across the SW area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | — | £1,050,000 | £1,797,500 (+71%) | £2,600,000 (+45%) |
| Semi-detached | £478,500 | £645,000 (+35%) | £850,000 (+32%) | £1,200,000 (+41%) | £1,800,000 (+50%) |
| Terraced | £535,000 | £685,000 (+28%) | £850,000 (+24%) | £1,210,000 (+42%) | £1,680,000 (+39%) |
| Flat | £428,000 | £590,000 (+38%) | £900,000 (+53%) | £1,850,000 (+106%) | £3,700,000 (+100%) |
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 SW area is the point: the same five years treated these districts very differently.
Winners and losers across the SW area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in SW8
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SW8, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SW8 2 | £487,500 | 44 |
| SW8 3 | £605,000 | 31 |
| SW8 4 | £466,200 | 18 |
| SW8 5 | £931,800 | 4 |
Zoom out to the full SW8 district report for the type split, monthly volumes and how SW8 compares with its neighbours.
Thinking of selling in SW8 1? 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 SW8 1'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.
Estate agents working SW8 1: the featured spot on this report is free for founding agents, one per district. Claim SW8 1.
Dig further
Behind the answers sits the same Land Registry record as this page, with SW8 1 already set as the subject. Free, one click sign in.
Two maps carry on from here: every SW8 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.