The borough of Southwark is right in the heart of London on the south side of the Thames. It covers a great mix of areas, from lively Elephant and Castle to the ultra-smart riverside sweep of the South Bank. If you want to find some of the best places to live in Southwark, verified resident reviewers on HomeViews can point you in the right direction.
10 best new build developments to live in Southwark
Let’s take a look at what this exciting borough can offer. The following list includes some of the best new developments in Southwark, as rated by reviewers on HomeViews.
If any catch your eye, just click to see a full listing of the development. This will also show all reviews, ratings and comments submitted by verified resident reviewers.
*PLEASE NOTE these rankings take into account how many reviews a scheme has and how recently those reviews have been submitted, so may not match the overall star ratings shown. Buildings with a larger number of more recent reviews are given a greater weighting to reflect current building performance.
Living in Southwark – what can you expect?
Given its variety, there really is something for everyone in Southwark. If you’re a young professional looking for the next London trends, Peckham and Elephant and Castle are great choices. The South Bank has some of the best river views, shopping and dining experiences in the capital. While East Dulwich and Bermondsey offer a more tranquil, suburban lifestyle.
There are plenty of big-ticket cultural and entertainment attractions here too. The Tate Modern, Shakespeare’s Globe Theatre and the beloved Borough Market are just a couple of Southwark’s highlights.
As for getting around, Southwark is extremely well connected to London’s transport network. Four main stations serve the borough – London Bridge, Southwark, Borough and Elephant and Castle. All of them offer both National Rail and Underground train services.
Southwark also offers easy access to good schooling; currently there are 34 ‘outstanding’ Ofsted-ranked schools in the borough.
What are average property prices in Southwark in 2024?
Like its districts, Southwark also offers a wide variety of property types to buyers and renters. For those with a big budget, the South Bank has many of the most impressive, ultra-modern riverside apartments in the city. If you want more space, look further south towards the Elephant and Castle and Bermondsey for terraced and semi-detached houses.
Average property prices in Southwark are high but decidedly more competitive than across the river in Westminster. The house price average for the borough over the past 12 months was around £645,000 (September 2024). However, there is a big price range by area to factor in, as this average is dragged up by expensive South Bank property.
The most expensive area within Southwark was Dulwich Village (£1,388,000) and the cheapest was Surrey Quays (£524,000).
For those looking to rent in Southwark, the median rental price in the borough is £3,466 per calendar month. While steep (well above the £3,000 monthly rental average for London), the borough has a high number of luxury apartments available for rent. Almost a quarter (22%) of all properties for rent listed at upwards of £5,000 per calendar month.
This list only scratches the surface of what Southwark has to offer. If you want to know more about this diverse and attractive London borough, check out our Southwark area guide. Here you’ll find tips on the foodie hotspots, cultural attractions, and other upcoming property developments in Southwark, not to mention more of the best places to live in Southwark.
HomeViews is the only independent review platform for residential developments in the UK. Prospective buyers and tenants use it to make an informed decision on where to live based on insights from carefully verified resident reviews. Part of Rightmove since February 2024, we’re working with developers, house builders, operators, housing associations and the Government to give residents a voice, recognise high performers and to help improve standards across the industry.