GDV and CIL working numbers
- GDV: 840 to 1350 £/sqft
- Mid GDV: 1050 £/sqft
- Borough CIL (residential): 598 £/sqm
- Mayoral CIL2: Z2
Southwark's third charging schedule took effect on 29 September 2026. Its Annual CIL Rate Summary 2026 (Part 2) sets residential CIL at £598/sqm in Zone 1, £300 in Zone 2 and £74 in Zone 3 for permissions from that date. Zone 1 is the riverside strip from Bankside to London Bridge; the rest of SE1, including Borough, Elephant and Castle and the Old Kent Road, is Zone 2 on the council's 2026 zone map. The figure shown is the Zone 1 rate. Permissions granted from 1 January 2027 index to £615.94 (Zone 1) under Southwark's 2027 summary. Mayoral CIL2 adds £72.73/sqm (Zone 2, 2026-indexed, £60 base).
Local context
- SE1 covers Borough, Bermondsey, Elephant and Castle.
- Southwark CIL from 29 Sep 2026: Zone 1 (riverside) £598/sqm, Zone 2 (Borough, Elephant, Old Kent Road) £300/sqm, plus Mayoral CIL2 Zone 2 £72.73/sqm (2026-indexed, £60 base).
- 35 percent affordable threshold applies above 10 units.
Open the workbench
Cells show profit-on-cost percentage at each GDV stress / build-cost shock pair. Cells below your target PoC turn amber-warm; cells below 10 percent abort.