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There’s something incredibly tranquil about a property with a riverside view – especially in the UK’s biggest cities.

In London, homes with views across the River Thames are in high demand and many command a price premium.

However, depending on location, it’s possible to pay as much as £3million or as little as £280,000 for a Thames-side property.

Zeus – MPU 1

Martin & Co explore the length of the river and reveal what you can expect to pay for a riverside view in the capital.

London Property Market in 2021

The property market in London hasn’t quite followed trends across the rest of the UK since the onset of the Covid-19 pandemic.

While many areas of the country have seen price growth of between 6% and 10% since August 2020, the average property price in London rose by just 1% to £635,585.

Where is the cheapest view of the River Thames?

Property hunters looking for a River Thames view on a budget should look in Thamesmead.

The SE28 area sits just south of the river and has an average property price of £281,851 – more than £350,000 below the London average.

Thamesmead is home to a large number of 20th century flats and houses that line the river north of Abbey Wood, with Barking in East London on the north bank.

Further south east along the river, Erith in Kent has an average riverside price of £291,280, while Dagenham on the north side of the Thames also boasts an average property price under £300,000.

Where is the most expensive view of the River Thames?

London property prices tend to rise the closer to central London you are and properties alongside the Thames are no different.

The SW1A area of Westminster and Whitehall includes such famous homes as Buckingham Palace and 10 Downing Street.

So, the average price of a home here dwarfs the London-wide average, coming in at £3,088,851 – some £2.5million more.

Properties in upmarket Chelsea, meanwhile, average just over £1.5m, with the views over the river towards Battersea park from Chelsea Embankment particularly sought-after.

Central London riverside property prices

Postcode Area

Areas Covered

Riverside Postcodes

Avg. Property Price

EC3N

Tower Hill, Tower of London

EC3N 4

£621,377

EC3R

Monument, Billingsgate

EC3R 6

£460,000

EC4R

Cannon Street

EC4R 1, EC4R 3, EC4R 9

£495,000

EC4V

Blackfriars

EC4V 3, EC4V 4

£679,463

EC4Y

Temple

EC4Y 0, EC4Y 7, EC4Y 9

£910,000

WC2N

Charing Cross

WC2N 5, WC2N 6

£1,217,370

WC2R

Temple

WC2R 2, WC2R 3

£1,500,000

South London riverside property prices

Postcode Area

Areas Covered

Riverside Postcodes

Avg. Property Price

SE1

London Bridge

SE1 2

£725,030

SE1

Lambeth

SE1 7

£945,478

SE1

Waterloo, Southwark

SE1 8

£668,187

SE1

South Bank, Bank Side

SE1 9

£1,247,346

SE7

Charlton

SE7 7, SE7 8

£485,064

SE8

Deptford

SE8 3

£414,274

SE10

Greenwich

SE10 0, SE10 9

£514,436

SE16

Bermondsey

SE16 4

£534,852

SE16

Rotherhithe

SE16 5, SE16 7

£501,845

SE18

Woolwich

SE18 5, SE18 6

£350,208

SE28

Thamesmead

SE28 0, SE28 8

£281,851

South West London riverside property prices

Postcode Area

Areas Covered

Riverside Postcodes

Avg. Property Price

SW1A

Westminster, Whitehall

SW1A 0, SW1A 2

£3,088,851

SW1P

Millbank

SW1P 3, SW1P 4

£735,682

SW1V

Pimlico

SW1V 3, SW1V 4

£748,182

SW1W

Belgravia, Chelsea

SW1W 8

£1,141,921

SW3

Chelsea

SW3 4, SW3 5

£1,518,668

SW6

Fulham, Parson’s Green

SW6 2, SW6 3, SW6 6

£973,358

SW8

Vauxhall, Nine Elms

SW8 2, SW8 5

£606,532

SW11

Battersea (3, 4, 7, 8)

SW11 3, SW11 4, SW11 7, SW11 8

£791,272

SW13

Barnes

SW13 0, SW13 8, SW13 9

£1,164,745

SW14

Mortlake

SW14 7, SW14 8

£916,134

SW15

Putney

SW15 1, SW15 2

£791,197

SW18

Wandsworth Town

SW18 1

£658,925

West London riverside property prices

Postcode Area

Areas Covered

Riverside Postcodes

Avg. Property Price

W4

Chiswick

W4 2

£957,364

W6

Fulham, Hammersmith

W6 6

£882,744

Outer west London riverside property prices

Postcode Area

Areas Covered

Riverside Postcodes

Avg. Property Price

KT1

Kingston upon Thames, Hampton Wick

KT1 1

£533,046

KT2

Kingston upon Thames, Canbury, Coombe

KT2 5

£678,761

KT6

Surbiton

KT6 4

£564,797

KT8

East Molesey

KT8 9

£783,128

TW1

Twickenham, St Margarets

TW1 1

£744,317

TW7

Isleworth

TW7 6

£472,113

TW8

Brentford, Kew Bridge

TW8 0

£445,301

TW9

Richmond, Kew

TW9 1

£804,002

TW10

Richmond, Petersham

TW10 6

£890,131

TW11

Teddington

TW11 8

£718,067

East London riverside property prices

Postcode Area

Areas Covered

Riverside Postcodes

Avg. Property Price

E1W

Wapping

E1W 1, E1W 2, E1W 3

£615,695

E6

East Ham, Beckton

E6 7

£375,465

E14

Poplar, Isle of Dogs

E14 0

£529,898

E16

Canning Town, North Woolwich, Royal Docks

E16 1

£413,584

Outer east London riverside property prices

Postcode Area

Areas Covered

Riverside Postcodes

Avg. Property Price

DA8

Erith

DA8 1

£291,280

DA17

Belvedere

DA17 6

£310,515

IG11

Barking Riverside

IG11 0

£300,631

RM9

Dagenham

RM9 6

£295,450

RM13

Rainham

RM13 8

£355,194

Should I buy a property on the River Thames?

A riverside view in London is a precious commodity in a city as bustling as the capital.

But as Martin & Co’s analysis shows, it is possible to find a Thames-side property in London without the high prices the city has become known for.

In fact, their research found 24 London areas with property prices below the city’s average and a whole host just above it – including some in prime central London.

So, if a London riverside property is on your wishlist, now could be the time to start your search.

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