Today, we are investigating the best new build homes in Elephant & Castle. Just south of the River Thames, this bustling hub boasts excellent connections to its popular neighbouring boroughs and lies a short hop away from the City of London, Westminster, and Covent Garden. But what is the area like to live in, and which developments are worth your money? Read on to get the knowledge you need.
New build homes in Elephant & Castle: 5 highest rated developments
It’s now time to reveal our highest-rated new build homes in Elephant & Castle. Our verified residents have plenty to say about the developments below. Just read on to discover why they rave about our Top 5 picks.
*PLEASE NOTE these rankings take into account how many reviews a scheme has and how recently those reviews have been submitted, so may not match the overall star ratings shown. Buildings with a larger number of more recent reviews are given a greater weighting to reflect current building performance.
Where is Elephant & Castle?
So, where exactly is Elephant & Castle? The area has grown around a major road junction in the London Borough of Southwark. The name also refers to Walworth and Newington, which sit near the London Underground station of the same name.
Living in Elephant & Castle
If you yearn for the thick of the action, you can’t go wrong with Elephant & Castle. Named after the coaching inn that sits at the junction between the A3 and the A201, the area is a merging point that leads everywhere too. Talking of the historic pub, pop in to enjoy a selection of cask, draught and craft beers, botanical gins, and food from noon every day.
Dubbed the ‘Razor’, the Strata tower – one of our top-rated developments – is one of the area’s notable modern architectural features. Elephant & Castle is also known for its student-friendly party credentials. Regular hang-out spots include the flagship Ministry of Sound dance club and Corsica Studios. The food scene around these parts is pretty good too. Check out the international cuisine at Mercato Metropolitano food hall to sample everything from Italian to Vietnamese delights. Alternatively, head over to nearby Borough Market to browse and buy British-reared meat and artisanal baked and dairy goods.
Besides all the above, there are plenty of interesting places to visit, such as the Imperial War Museum and many open green spaces. At Elephant Park, you’ll find leafy gardens with a fountain, sandbox and coffee, while Burgess Park features a lake and a woodland play area. The area is also well-stocked with amenities – from shops and supermarkets to health and leisure facilities, including a general hospital.
Transport in Elephant & Castle
Due to its central location, Elephant & Castle benefits from comprehensive transport links. Several nearby bridges offer a quick trip across the Thames, or you can hop on a train at Elephant & Castle Tube station for links to the City and southbound destinations.
Meanwhile, Overground services will deliver you across London, the South East, and East England. If you prefer to travel by pedal power, you’ll be happy to learn Cycleway 6 meets Cycle Superhighway 7 here too. The traffic-free route runs on a bike freeway to Farringdon, via the South Bank and the City of London.
Elephant & Castle property prices
Buying a home in Elephant & Castle will currently set you back £591,000 on average (Rightmove, October 2024). In terms of property types, flats come in at the lower end, selling for just under £501,000. Terraced properties sold for an average of £1.14 million, while semi-detached homes sold at an average of £851,000. Prices have remained stable over the past year, but have dropped roughly 10% since the 2019 market peak.
According to Home.co.uk, rental homes in the area cost £3,500 per calendar month on average. However, this ranges from £2,680 for smaller properties up to almost £5,000 for five-bedroom properties.
HomeViews is the only independent review platform for residential developments in the UK. Prospective buyers and tenants use it to make an informed decision on where to live based on insights from carefully verified resident reviews. Part of Rightmove since February 2024, we’re working with developers, house builders, operators, housing associations and the Government to give residents a voice, recognise high performers and to help improve standards across the industry.
