Borough Market is one of London's oldest trading hubs and is now a go-to spot for food lovers. Living here puts you right in the heart of it all, with historic streets, top restaurants, and quick transport links. However, the location comes with a higher price tag.

In this article, we take a look at the pros and cons to help you decide if it's the right fit.

Borough Property Prices and Rents

Homes around Borough Market usually sit at the upper end of the SE1 price range, with rent and property purchase costs reflecting the postcode's high demand. Rental properties in nearby areas, such as Bermondsey or Rotherhithe, are great alternatives if you're looking for all the benefits at a lower price, while remaining close to central London.

Day-to-Day Living

Transport

For Borough residents, London Bridge Station is on your doorstep, with plenty of Underground and rail services nearby too. Buses and riverboats are also options, allowing most residents to get around without a car, which reduces their expenses and can be put towards buying a home in a highly desirable location like Borough.

Food and Drink

The market is open most days, offering a variety of fresh produce, street food, and artisanal goods. The surrounding streets are packed with restaurants, pubs, and wine bars-ideal if you enjoy eating out.

Character

The area still retains a sense of its history, yet offers modern amenities throughout. You'll see Victorian warehouses beside modern flats, with landmarks like Southwark Cathedral and the Shard adding to the appeal. Events and festivals keep things active year-round.

Trade-offs to Consider

Crowds

Weekends can get busy. The footfall brings life to the area, but it can also mean congestion and queues.

Noise

Early deliveries and evening foot traffic around bars can mean a noisier setting. It's an area suited to people who are comfortable with city life.

Living Costs

Shops and cafés in this area tend to charge more than in quieter parts of SE1. The premium reflects demand and location.

Parking

Street parking is limited. Public transport and cycling are the primary means of getting around in Borough.

Borough Resident Benefits

The area works well for professionals based in the City or Canary Wharf. It's a fantastic choice for food lovers and international buyers looking for a property in London that has a central base. Those wanting more space or a quieter setting might prefer alternatives nearby.

Nearby Alternatives

Bermondsey

Just one Jubilee line stop from Borough. A bit quieter but still packed with cafés, markets, and independent shops. The Bermondsey Beer Mile and creative spaces add to the area's appeal. Property prices are generally lower here as well.

Rotherhithe

Rotherhithe is a more relaxed residential area. Think riverside pubs, green spaces, and cobbled streets. Good Overground links via Canada Water and a mix of housing styles.

Waterloo

Close enough to walk to Borough but a little less hectic. Waterloo has strong transport links, a range of cultural venues, and a diverse mix of housing options.

London Bridge Quarter

London Bridge has a blend of modern flats and office space. Convenient for those working nearby who want minimal commute time.

Southwark

Just west of Borough. Southwark property is more residential than City-like in feel, with local pubs, cafés, and some hidden green spots. Well connected and a little quieter.

Living near Borough Market suits people who want to be in the heart of the action - with its vibrant food scene, rich culture, and central location. It's a busy, lively, and well-connected area. But it's not the cheapest or the quietest. If those trade-offs work for you, it's a great place to call home.

Contact our local estate agents who will help you find your ideal home in Borough, or nearby.