Pay vs Place

Ealing vs Southwark: buying or renting a home

A typical terraced house costs £230,000 (35%) more in Southwark than in Ealing. Measured against local pay, buying is harder in Southwark: it takes 18.1× median annual pay, against 15.9× in Ealing.

Ealing, terraced
£650,000
Income typically needed: £130,000
Median full-time pay: £40,889
Southwark, terraced
£880,000
Income typically needed: £176,000
Median full-time pay: £48,681

At a glance

Ealing Southwark
Buying a home Very expensive Expensive
Renting a home Very expensive Very expensive
Recorded crime About average Above average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Southwark (£48,681) is 19% higher than in Ealing (£40,889), while a typical terraced house costs 35% more (£880,000 against £650,000). Set against local pay, Ealing is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 15.9× annual pay in Ealing and 18.1× in Southwark. Renting one takes 74% of pay in Ealing and 70% in Southwark. The two measures point different ways: buying is harder in Southwark, but renting takes a bigger share of pay in Ealing.

Across all property types and measured against pay, Ealing is the 7th most expensive of 316 areas to buy in, and Southwark is the 33rd most expensive of 316 areas. For renting against pay, Ealing is the 7th most expensive of 316 areas and Southwark is the 9th most expensive of 316 areas.

Someone on £40,000 in Ealing would need about £54,000 in Southwark to be equally placed to buy a terraced house, and about £45,000 to be equally placed to rent one. Keeping the same pay after a move to Southwark would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 80.5 crimes per 1,000 residents in Ealing and 120.8 in Southwark, so recorded crime per resident is 50% higher in Southwark. The biggest difference is in vehicle offences: 10.3 per 1,000 in Ealing against 7.2 in Southwark.

Can a typical earner buy?

Terraced house Ealing Southwark
Median full-time pay £40,889 £48,681
House price ÷ pay 15.9× 18.1×
Median pay as a share of income typically needed to buy 31% 28%
Rent a year as a share of median pay 74% 70%

Buying, by property type

Type Ealing Southwark Difference
Semi-detached £765,000 £1,365,000 +78% in Southwark
Terraced £650,000 £880,000 +35% in Southwark
Flat £395,000 £450,000 +14% in Southwark

Renting, by property type

Type (average rent a month) Ealing Southwark Difference
Semi-detached £2,752 £3,416 +24% in Southwark
Terraced £2,523 £2,849 +13% in Southwark
Flat £1,863 £2,178 +17% in Southwark

Crime

Police recorded 80.5 crimes per 1,000 residents in Ealing and 120.8 in Southwark, so recorded crime per resident is 50% higher in Southwark.

Police recorded crime per 1,000 residents Ealing Southwark Difference
All recorded crime (excluding fraud) 80.5 120.8 +50% in Southwark
Violence against the person 26.3 28.5 +9% in Southwark
Sexual offences 2.6 3.7 +40% in Southwark
Robbery 2.3 6.1 +168% in Southwark
Residential burglary (per 1,000 households) 9.2 11.3 +23% in Southwark
Vehicle offences 10.3 7.2 -30% in Southwark
Theft from the person 3.1 20.5 +566% in Southwark
Criminal damage and arson 5.4 5.7 +6% in Southwark

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Ealing: 219Southwark: 226
House prices in Ealing and Southwark since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Ealing now 219, Southwark now 226.10015020025020052010201520202025House prices in Ealing and Southwark since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Ealing now 219, Southwark now 226.10015020025020102020
Show the figures
YearEalingSouthwark
2005100100
2006106108
2007120129
2008121130
2009108117
2010120131
2011123139
2012130148
2013138161
2014163191
2015179209
2016195228
2017198230
2018196225
2019193223
2020196228
2021207218
2022217225
2023216224
2024217223
2025220226
12 months to July 2026219226

In 2005 the average home cost £261,986 in Ealing and £258,606 in Southwark. Now it is £573,273 and £583,378: Ealing is up 119% and Southwark is up 126%. Prices have risen faster in Southwark, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Ealing: 14.1 years of paySouthwark: 12.0 years of pay
Years of median pay needed to buy the average home in Ealing and SouthwarkEaling now 14.1, Southwark now 12.0 years of pay.0×5×10×15×20×20052010201520202025Years of median pay needed to buy the average home in Ealing and SouthwarkEaling now 14.1, Southwark now 12.0 years of pay.0×5×10×15×20×20052010201520202025
Show the figures
YearEalingSouthwark
20059.9 years of pay9.3 years of pay
201011.0 years of pay10.2 years of pay
201516.2 years of pay15.9 years of pay
202014.1 years of pay15.4 years of pay
202514.1 years of pay12.0 years of pay

In 2005 a home cost 9.9 years of pay in Ealing and 9.3 years in Southwark. In 2025 it was 14.1 years and 12.0 years.

Affordability has worsened more in Ealing over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Ealing: 149Southwark: 148
Rents in Ealing and Southwark since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Ealing now 149, Southwark now 148.100120140160201620182020202220242026Rents in Ealing and Southwark since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Ealing now 149, Southwark now 148.100120140160201520202025
Show the figures
YearEalingSouthwark
2015100100
2016104104
2017105107
2018104107
2019104108
2020109112
2021111110
2022112113
2023118124
2024132135
2025144141
August 2026149148

In 2015 the average rent was £1,413 a month in Ealing and £1,667 in Southwark. Now it is £2,109 and £2,474: up 49% in Ealing and up 48% in Southwark.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Ealing to Southwark

Earning in Ealing Equivalent to buy in Southwark Equivalent to rent in Southwark
£30,000 £40,500 £34,000
£40,000 £54,000 £45,000
£50,000 £67,500 £56,500
£60,000 £81,000 £68,000

Moving from Southwark to Ealing

Earning in Southwark Equivalent to buy in Ealing Equivalent to rent in Ealing
£30,000 £22,000 £26,500
£40,000 £29,500 £35,500
£50,000 £37,000 £44,500
£60,000 £44,500 £53,000
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Ealing figures · All Southwark figures