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Southwark · report

New homes in Southwark

24.0% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
860
Per 1,000 residents
2.8

Homes started in Southwark

Homes started over the previous 12 months, at each quarter.

  • Southwark
  • Ten-year average
Show the numbers
PeriodSouthwark
Jun 2026860
Mar 2026780
Dec 2025510
Sep 202590
Jun 202590
Mar 202590
Dec 202490
Sep 202460
Jun 202460
Mar 2024150
Dec 2023400
Sep 2023430
Jun 2023700
Mar 2023940
Dec 20221,240
Sep 20221,370
Jun 20221,160
Mar 2022920
Dec 2021690
Sep 2021770
Jun 20211,020
Mar 20211,040
Dec 2020910
Sep 2020650
Jun 2020430
Mar 2020380
Dec 2019190
Sep 2019460
Jun 2019520
Mar 2019790
Dec 20181,160
Sep 20181,050
Jun 20181,130
Mar 2018840
Dec 2017490
Sep 2017710
Jun 2017550
Mar 20171,000
Dec 20161,490
Sep 20161,530
Jun 20162,160
Mar 20161,950
Dec 20152,070
Sep 20151,790
Jun 20151,260
Mar 20151,430
Dec 20141,230
Sep 20141,300
Jun 20141,220
Mar 20141,630
Dec 20131,260
Sep 20131,290
Jun 20131,320
Mar 2013910
Dec 20121,000
Sep 2012980
Jun 20121,230
Mar 20121,060
Dec 20111,210
Sep 20111,110
Jun 2011860
Mar 2011830
Dec 2010610
Sep 2010630
Jun 2010760
Mar 2010670
Dec 2009830
Sep 2009720
Jun 2009700
Mar 2009920
Dec 2008900
Sep 20081,070
Jun 20081,010
Mar 2008920
Dec 2007830
Sep 2007720
Jun 2007680
Mar 2007630
Dec 2006900
Sep 20061,010
Jun 20061,130
Mar 20061,160
Dec 20051,070

A start is the first count of a new home in the UK: no nation counts homes granted planning permission. Most starts are finished one to two years later. England's and Wales's counts come from building control, which misses some homes; Scotland counts housing association approvals as starts; Northern Ireland's begin in 2015.

Other reports for Southwark

Sale prices have an 80% chance of landing between £519,214 and £600,685 by August 2027.

Expected, August 2027
£559,950
Chance of a rise
39%

At the average sale price, a home costs £569,160. With 10% down and a 30-year mortgage, the payment is £2,626 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
32%
Payment, one income
65%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£2,516
Owning per month
£2,680

Figures for United Kingdom: Southwark has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 12 times since 1995. The deepest began in December 2007.

Deepest fall
−18.2%
Recovery from the low
21 months

In 2025 the population fell by 4,666 while 960 homes were finished.

Homes finished, 2025
960
Population change, 2025
−4,666

7.3% of the 141,962 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
7.3%
Empty homes
10,370

In 2025, 16% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
16%