Southwark SE1 GDV Calculator

Southwark SE1 GDV 840 to 1350 £/sqft. Borough CIL 598 £/sqm. Mayoral CIL2 zone Z2. Workbench prefills with the BCIS estate housing median rebased to Wandsworth and the borough mid-band GDV.

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

Inputs
MAX LAND BID£4,568,111At 20% profit on cost, 9 units, 950 sqft GIA each.
MARGINAL
GDV£7,630,875
Build cost£1,494,911
Prof fees£179,389
s106/CIL/BNG£376,740
Contingency£153,828
Finance interest£157,097
Target profit£472,393
Total costs (excl land)£2,361,966
Senior debt @ LTGDV£4,960,069
PoC10.1%
PoGDV9.2%
LTC71.6%
Sensitivity (PoC %)
Build -5%Build +5%Build +10%Build +15%Build +20%
GDV -15%11%11%12%12%12%
GDV -10%10%11%11%11%12%
GDV -5%10%11%11%11%11%
GDV 0%10%10%11%11%11%
GDV +5%10%10%10%10%11%

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.

Mayoral CIL2 Annual CIL Rate Summary 2026· 2026-indexed rates (Ip=400/Ic=330): Band 1 £96.97, Band 2 £72.73, Band 3 £30.30 per sqmAppraisal model reviewed by Oliver Wakefield-Smith (data integrity) with chartered-surveyor (MRICS) and CTA tax review. No affiliate links.