What can you afford in Lambeth?
2,668 homes changed hands in Lambeth over the last 12 months (Jul 2025 – Jun 2026). Half sold for £540,000 or less, a quarter for under £405,000, and three quarters for under £762,500. Buying the median home with a 10% deposit needs roughly a £108,000 salary at the typical 4.5× lending multiple , see what £100,000 takes home.
Affordability in one number: the median home here sold for 11.0× the local median full-time salary of £49,034 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Lambeth
£540,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £405,000
- Three quarters under
- £762,500
- Sales
- 2,668
- HPI average
- £545,315
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 2,668 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | under 1% |
| £35,000 | £175,000 | 1.7% |
| £50,000 | £250,000 | 3.9% |
| £75,000 | £375,000 | 18.8% |
| £100,000 | £500,000 | 43.6% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £470,000 · 1,943 | ≈£94,000 |
| Terraced house | £870,000 · 555 | ≈£174,000 |
| Semi-detached house | £1,152,000 · 157 | ≈£230,400 |
For context, the UK House Price Index puts Lambeth average prices down 2.9% over 12 months.
Nearby in the index
- Kensington and Chelsea
- King's Lynn and West Norfolk
- Kingston upon Thames
- Kirklees
- Knowsley
- Lancaster
- Leeds
- Leicester
- Lewes
- Lewisham
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.