Bermondsey Property Market Overview
Southwark riverside area with warehouse conversions and proximity to the City
The Bermondsey property market recorded 1,997 residential sales over the past 12 months, with a median sale price of £535,000. This places Bermondsey £38k above the Greater London county median of £497,500, and £250k above the UK national median of £285,000.
Prices in Bermondsey have shown broadly stable, with a year-on-year change of -1.8%. Within Greater London, Bermondsey ranks 4th by price out of 12 principal towns, and 4th by transaction volume.
Bermondsey House Prices by Property Type
Property prices in Bermondsey vary significantly by type. The table below compares Bermondsey prices with Greater London county averages and UK national figures.
| Type | Bermondsey | Greater London Avg | UK Avg |
|---|---|---|---|
| Detached | £1.50m | £870,500 | £420,000 |
| Semi-detached | £1.31m | £701,250 | £265,000 |
| Terraced | £875,000 | £635,000 | £230,000 |
| Flat | £445,000 | £375,000 | £225,000 |
Detached homes in Bermondsey command £1.50m, while flat properties are most accessible at £445,000. The £1.1m spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Bermondsey
Bermondsey recorded 25 new-build transactions in the past 12 months, representing 1.3% of total sales. This indicates meaningful developer activity and proven buyer demand for new homes in the area.
New-build properties in Bermondsey traded at a premium of 27.1% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Greater London market, 509 new-build completions were recorded — see our Greater London property market report for the full county picture.
Recent Property Sales in Bermondsey
The following table shows the most recent property transactions recorded in Bermondsey, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £340,000 | Flat | SE1 4NU | 2026-02-26 | Existing |
| £345,000 | Flat | SE5 8NS | 2026-02-24 | Existing |
| £270,000 | Flat | SE5 0EG | 2026-02-20 | Existing |
| £500,000 | Flat | SE17 1LN | 2026-02-20 | Existing |
| £385,000 | Flat | SE15 3XD | 2026-02-20 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £270,000 to £500,000 illustrates the breadth of the Bermondsey market.
Development Finance in Bermondsey
For developers considering Bermondsey, the local market data translates directly into finance structuring. With a median value of £535,000 and detached homes at £1.50m, lenders can assess scheme viability with confidence.
A typical development finance facility for a Bermondsey scheme with a GDV of £1.50m would attract senior debt of approximately £975,000 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 1.8% year-on-year, experienced developers can still generate strong returns in Bermondsey by targeting well-located sites with clear demand drivers.
Ready to develop in Bermondsey? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Bermondsey Compared to Nearby Greater London Towns
To put Bermondsey's market in context, the table below compares it with similarly-priced towns across Greater London:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Bermondsey | £535,000 | 1,997 | -1.8% |
| Brixton | £540,000 | 2,385 | +1.9% |
| Wembley | £525,000 | 1,527 | -0.9% |
| Ealing | £520,000 | 1,975 | +1% |
| Tottenham | £560,000 | 1,557 | +3.5% |
| Hackney | £565,000 | 1,494 | -1.7% |
For the full Greater London town-by-town breakdown, see our comprehensive Greater London property market report.
Finance Solutions
Related Finance Products
Development Finance
Senior debt funding for ground-up residential and commercial developments.
From 6.5% p.a. · Up to 65-70% LTGDVBridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
From 0.55% p.m. · Up to 75% LTVMezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
From 12% p.a. · Up to 85-90% LTGDVRelated Reports
Greater London Property Market: Prices, Trends & Development Finance (2026)
5 min readLondon & South East Property Market: Regional Analysis & County Comparison (2026)
5 min readBarking Property Market: House Prices, Sold Data & Development Finance (2026)
5 min readBrixton Property Market: House Prices, Sold Data & Development Finance (2026)
5 min readCroydon Property Market: House Prices, Sold Data & Development Finance (2026)
5 min readFrequently Asked Questions
What is the average house price in Bermondsey?
The median house price in Bermondsey is £535,000, based on 1,997 transactions over the past 12 months. Detached homes average £1.50m while flat properties average £445,000.
Are house prices rising or falling in Bermondsey?
House prices in Bermondsey are falling at -1.8% year-on-year. This decline may present buying opportunities for investors and developers. The wider Greater London market is rising at +0.8%.
How many properties sold in Bermondsey recently?
Bermondsey recorded 1,997 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Bermondsey?
Developers in Bermondsey can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.