Cost of Living in Lewisham

London
Borough

Population: 305,000

Average House Price

£501.4k

+73% vs UK avg (£290k)

Median Salary

£52,523

+35% vs UK avg (£39,039)

Average Rent

£2,253/mo

+88% vs UK avg (£1,200)

Quick Facts

Council Tax£1,903Band D / yr
Energy£149/ mo
Water£35.00/ mo
Broadband£38.00/ mo
Bus Pass£90.90/ mo

House Prices in Lewisham

+1.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01

Average price (all types)

£501,410

Detached£928,200
Semi-detached£591,500
Terraced£514,150
Flat / Apartment£400,400

House prices in Lewisham have increased by +1.0% over the past year.

Salaries in Lewisham

Annual Salary
Median and mean gross annual pay
Median£52,523
Mean£60,632
Median hourly rate£25.81/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£35,828
Upper quartile (75th)£72,610

vs UK National Median (£39,039)

+34.5%
£13,484 above national average

Monthly Cost of Living in Lewisham

Estimated Monthly Breakdown
What it costs to live in Lewisham each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£2,253
HousingCouncil Tax(Band D, paid over 12 months)£159
UtilitiesEnergy(Gas and electricity)£149
UtilitiesWater£35.00
UtilitiesBroadband£38.00
TransportTransport(Monthly commute estimate)£235
FoodGroceries(Estimated monthly shop)£338
LeisureLeisure(Gym, dining out, entertainment)£191
Estimated Total£3,397

These figures are estimates based on averages and may vary depending on your lifestyle, property type, and household size. Council tax shown at Band D; your band may differ.

Transport Costs in Lewisham

Monthly Bus Pass
Standard adult monthly bus pass

£90.90

Fuel per Litre
Average petrol price per litre

£1.81

Monthly Commute
Estimated monthly commuting cost

£235

Compare Lewisham with Another Location

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Frequently Asked Questions About Living in Lewisham

What is the average house price in Lewisham?
The average house price in Lewisham is £501,410, based on HM Land Registry data for 2025-12-01. Detached homes average £928,200, while flats and apartments average £400,400. Prices have risen by +1.0% over the past year.
What is the average salary in Lewisham?
The median annual salary in Lewisham is £52,523, compared to the UK national median of £39,039. This is £13,484 above the national average, making it a higher-earning area. Salaries typically range from £35,828 (lower quartile) to £72,610 (upper quartile).
How much does it cost to rent in Lewisham?
Average monthly rent in Lewisham is £2,253 per month. Rents have decreased by +0.9% over the past year.
Is Lewisham an affordable place to live?
Lewisham is expensive relative to local earnings. Rent accounts for approximately 51% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,253, while the median annual salary is £52,523 (approximately £4,377 per month before tax).
How does Lewisham compare to London?
The average house price in Lewisham is £501,410, compared to approximately £551,000 in London. Property in Lewisham costs around 91% of London prices, making it £49,590 cheaper on average.
Are house prices rising or falling in Lewisham?
House prices in Lewisham are currently rising, with a +1.0% increase over the past year. The current average price of £501,410 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.

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