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SW8 South Lambeth and Nine Elms: house prices and price per m²

SW8 is a postcode district in the SW (South-West London) postcode area, covering 3.8 km². Prices, sales and comparisons below are for homes sold in the twelve months to July 2026, from HM Land Registry sales matched to their energy certificate.

Headline numbers, 12 months to Jul 2026

Median price per m²
£8,922/m²
12 months to Jul 2026
12-month change
-3.2%
vs 12 months to Jul 2025
5-year change
-1.1%
vs 12 months to Jul 2021
Median price paid
£600,000
323 sales
Vs SW postcode area
+5.5%
£8,456/m² in South-West London
Vs London
+40.2%
£6,364/m² London-wide
Price rank
36 of 219
London postcode districts, dearest first
Location Premium
+22.6%
vs an average-priced district

In the twelve months to July 2026, homes sold in SW8 (South Lambeth and Nine Elms) went for a median £8,922 per square metre, -3.2% on the previous twelve months and -1.1% on five years earlier. The median price paid was £600,000, across 323 sales (539 in the twelve months before).

That is 5.5% above the median for the SW postcode area (£8,456) and 40.2% above London as a whole (£6,364), ranking SW8 36th of 219 London postcode districts by price per square metre and 14th of 23 in SW. Closest in price across London: NW6 Kilburn and West Hampstead (£9,071) and W4 Chiswick (£8,900).

88% of the homes sold were flats or maisonettes, the median home sold had 70 m² of floor space and 18% were new builds. Flats sold for a median £550,000 and houses for £862,500.

Of the 9 districts bordering SW8, 5 are dearer per square metre. The dearest is SW3 Chelsea at £15,822 and the cheapest SW9 Stockwell and Brixton at £7,576.

Median price per m² over the 12 months to July 2026, and the change on the 12 months before.
Median £/m²12-month change
SW8 South Lambeth and Nine Elms£8,922-3.2%
South-West London (SW)£8,456-2.6%
London£6,364-2.9%

Price per m² over time

SW8 vs South-West London and London: rolling 12-month median £/m²

Each point is the median price per square metre of the homes sold in the twelve months to that month. Months with fewer than 30 sales in SW8 are left blank.

SW8: median price per m² over the 12 months to each month.
Period12 months toMedian £/m²Change to latest
LatestJul 2026£8,922
One year earlierJul 2025£9,219-3.2%
Five years earlierJul 2021£9,019-1.1%
First in the seriesMar 1995£872+923.1%

Sales per year

SW8: sales per calendar year

Land Registry sales in SW8 matched to the home's energy certificate, the sales every figure on this page is computed from.

Location Premium

SW8's Location Premium is +22.6%: in CityDataLab's factor model fitted to July 2026, an otherwise identical home (same size, type, age and energy rating) is priced 22.6% more per square metre in SW8 than in a district at the average London district price level.

The model measures a district's location by its median price per m² over the previous twelve months, in standard deviations across London's postcode districts. SW8 sits 0.58 standard deviations above the average district. The Location Premium is the part of a home's price per m² the model puts down to that location; the rest depends on the home itself and on the market as a whole. How each factor's Premium has moved · Price a home with the property calculator.

Neighbouring districts

Districts that share a border with SW8, dearest first.

Districts bordering SW8, 12 months to July 2026.
DistrictMedian £/m², 12 months12-month changeMedian price paidSales, 12 monthsVs SW8
SW3 Chelsea£15,822-4.2%£1,162,370204+77.3%
SW1W Belgravia£15,028-16.8%£1,650,00056+68.5%
SW1V Pimlico£10,519-7.3%£629,750146+17.9%
SW1P Westminster and Millbank£10,253-5.2%£690,000108+14.9%
SW11 Battersea and Clapham Junction£9,446-4.2%£721,500814+5.9%
SE1 Southwark, Bankside and Waterloo£8,588-2.3%£547,877588-3.7%
SW4 Clapham£8,567-3.0%£589,975340-4.0%
SE11 Kennington£8,235-6.6%£482,930181-7.7%
SW9 Stockwell and Brixton£7,576-1.7%£475,000291-15.1%

Other districts in South-West London

How these figures are calculated

Prices are HM Land Registry price paid data for homes sold in SW8, each matched by address to its MHCLG energy performance certificate for the floor area. Price per m² is the price paid divided by that floor area; medians are taken over the twelve months to the month shown, and districts, their postcode area and London are always compared over the same twelve months. Sales without a matched certificate, and non-residential and "other" sales, are not counted. Neighbouring districts are those sharing a border on the postcode district maps by Wikipedia contributors (CC BY-SA 3.0). See how CityDataLab's factor model works.