What You Need to Earn to Buy in SW1H

The median home in SW1H sold for £1,050,000. To buy at that price you'd typically need a household income of about £198,500 — based on a 15% deposit and a 4.5× income multiple. Prices are down 37% on the previous year.

Deposit needed to buy in SW1H

Deposit %	Deposit £	Mortgage needed
5%	£52,500	£997,500
10%	£105,000	£945,000
15%	£157,500	£892,500
25%	£262,500	£787,500

A typical mortgage on the £1,050,000 median (85% LTV, 4.5% over 25 years) costs around £4,961/month. Based on 45 Land Registry sales.

Common questions about buying in SW1H

What salary do you need to buy a house in SW1H?

The median home in SW1H sold for £1,050,000. With a 15% deposit and a typical 4.5× income multiple, you'd need a household income of about £198,500 to buy at that price. Higher-multiple lenders can reduce the income required — check your own figure with the affordability calculator.

How much is a typical mortgage payment in SW1H?

Borrowing £892,500 (85% of the £1,050,000 median) at 4.5% over 25 years works out at roughly £4,961 a month on a repayment basis.

How much deposit do you need to buy in SW1H?

On the £1,050,000 median price, a 5% deposit is £52,500 and a 10% deposit is £105,000. A larger deposit usually unlocks lower rates.

Are house prices in SW1H rising or falling?

Based on the latest Land Registry sold prices, prices in SW1H are down 37% on the previous year, across 45 recorded sales.

Can you afford to buy in SW1H?

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