The South Bank area guide
Postcodes:
SE1, SE17
Boroughs:
Lambeth, Southwark
Underground:
Lambeth North (Bakerloo)
Waterloo (Bakerloo, Jubilee, Northern, Waterloo & City)
Elephant & Castle (Bakerloo, Northern)
Borough (Northern)
Kennington (Northern)
National Rail:
Elephant & Castle, London Bridge, Waterloo
Summary:
On the southern bank of the river Thames, the area is the cultural heart of London, with theatres, galleries, and concert halls - recent additions include the Oxo Tower, Tate Modern and the Millennium Bridge. Southbank takes in several parts of the Docklands, as well as Borough, Newington, Elephant and Castle and Waterloo. A large and diverse area with a mix of public, commercial and private building of every kind, and with a population to match.
Properties:
Since the 1990's, over 9000 private sector homes have been completed in SE1, including new build and conversions of public buildings, offices and factories. The riverside Docklands developments include expensive apartments converted from former warehouses and offices, providing luxury living for city professionals and attracting international buyers. Whole houses are rare, loft conversions and purpose built flats plentiful. Inland from the river, there is a choice of attractive Georgian town houses, particularly around Borough, with many converted into flats. Waterloo has pleasant narrow streets of Victorian cottages together with the occasional Georgian Square tucked between council build. The ugly Elephant and Castle council blocks are soon to disappear as plans to radically develop the area take shape. SE1 has invested heavily in new social housing, shared ownership and fair rent homes for locals.
Buyers:
Wealthy city professionals and internationals attracted to Dockland living. First-time buyers for the plentiful flats. Ordinary working-class local people.
Sales Information:
The table below details the most recent sales information for this area, broken down by postcode, property type and average sale value.
| Postcode | Detached | Semi-Det | Terraced | Flat / Mais | Total / Average |
|---|---|---|---|---|---|
| SE1 | - - |
3 sales £483,333 |
21 sales £593,547 |
364 sales £428,638 |
388 sales £437,986 |
| SE17 | - - |
- - |
8 sales £410,562 |
22 sales £223,670 |
30 sales £273,508 |
Source acknowledgement: Information produced by Land Registry. © Crown copyright material reproduced with the permission of Land Registry. This material was last updated on 29th Nov 2010. It covers the period from Jul 2010 to Sep 2010. Restricted Use. Users of this product must not copy, distribute, sell or publish any of the Crown copyright material without the formal permission of Land Registry. If you think any of the above information is incorrect please click here to notify the Land Registry.
sample properties...
Price: £220,000
Bedrooms: 3
Area: Plaistow
Type: Terrace
Notes: Victorian house requires modernising & is currently rented as two flats
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Price: £265,000
Bedrooms: 2
Area: Wood Green
Type: Terrace
Notes: period style property requires modernisation
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