LHA by area › Outer South London
LHA rates in Outer South London
The Valuation Office Agency's Local Housing Allowance for the Outer South London Broad Rental Market Area, April 2026 to March 2027, and what those rates return against what houses actually sold for in each postcode district.
3-bed LHA: £1,496 a month. 4-bed: £1,945. Room in a shared house: £568.
Best 3-bed LHA yield in the area: 4.3% in CR8, where a terraced house sold for a median £419,297 in the last 12 months.
Rates
| Bedrooms | Per week | Per month |
|---|---|---|
| shared accommodation (room) | £131 | £568 |
| 1 bedroom | £219 | £947 |
| 2 bedrooms | £276 | £1,197 |
| 3 bedrooms | £345 | £1,496 |
| 4 bedrooms | £449 | £1,945 |
3-bed LHA yield by postcode district
3-bedroom LHA for the year against the median terraced sale price in the district, last 12 months, districts with at least 10 sales. Sold data as of September 2026.
| District | Median terraced sale | Gross LHA yield |
|---|---|---|
| CR8 Croydon | £419,297 (40 sales) | 4.3% |
| CR0 Croydon | £420,000 (349 sales) | 4.3% |
| CR5 Croydon | £426,000 (45 sales) | 4.2% |
| CR2 Croydon | £435,000 (71 sales) | 4.1% |
| CR7 Croydon | £435,000 (133 sales) | 4.1% |
| KT9 Elmbridge | £440,000 (71 sales) | 4.1% |
| KT18 Epsom and Ewell | £441,250 (12 sales) | 4.1% |
| CR3 Croydon | £450,000 (47 sales) | 4.0% |
| SM5 Reigate and Banstead | £450,500 (110 sales) | 4.0% |
| SM6 Sutton | £470,000 (63 sales) | 3.8% |
| SM1 Sutton | £470,000 (91 sales) | 3.8% |
| KT17 Epsom and Ewell | £476,500 (41 sales) | 3.8% |
| SE25 Croydon | £480,430 (136 sales) | 3.7% |
| CR4 Croydon | £482,500 (124 sales) | 3.7% |
| KT19 Epsom and Ewell | £485,000 (57 sales) | 3.7% |
| SM2 Epsom and Ewell | £485,000 (27 sales) | 3.7% |
| SM4 Merton | £515,000 (117 sales) | 3.5% |
| SM3 Epsom and Ewell | £544,950 (69 sales) | 3.3% |
| SM7 Reigate and Banstead | £562,500 (24 sales) | 3.2% |
4-bed LHA yield against a semi
| District | Median semi sale | Gross LHA yield |
|---|---|---|
| CR4 Croydon | £450,000 (17 sales) | 5.2% |
| CR7 Croydon | £462,500 (18 sales) | 5.0% |
| CR3 Croydon | £470,000 (87 sales) | 5.0% |
| CR0 Croydon | £488,000 (215 sales) | 4.8% |
| SE25 Croydon | £501,000 (22 sales) | 4.7% |
| KT9 Elmbridge | £515,000 (52 sales) | 4.5% |
| CR6 Bromley | £520,000 (27 sales) | 4.5% |
| CR2 Croydon | £550,000 (142 sales) | 4.2% |
| CR8 Croydon | £557,250 (70 sales) | 4.2% |
| SM1 Sutton | £563,500 (94 sales) | 4.1% |
| CR5 Croydon | £573,000 (94 sales) | 4.1% |
| SM6 Sutton | £600,000 (67 sales) | 3.9% |
| KT19 Epsom and Ewell | £600,000 (132 sales) | 3.9% |
| SM3 Epsom and Ewell | £605,000 (64 sales) | 3.9% |
| KT18 Epsom and Ewell | £606,000 (48 sales) | 3.9% |
| SM4 Merton | £610,000 (27 sales) | 3.8% |
| SM7 Reigate and Banstead | £635,000 (57 sales) | 3.7% |
| SM5 Reigate and Banstead | £642,500 (59 sales) | 3.6% |
| KT17 Epsom and Ewell | £654,975 (72 sales) | 3.6% |
| SM2 Epsom and Ewell | £800,000 (25 sales) | 2.9% |
What the yield figure is
Local Housing Allowance is the most housing benefit will pay towards rent in an area, set by the Valuation Office Agency for each Broad Rental Market Area and bedroom count. It is a floor for rent, not a forecast: a tenant on benefits can pay it, and market rents usually sit above it. The yield here is the 3-bedroom LHA rate for the year, divided by the median price paid for a terraced house in the district over the last 12 months (HM Land Registry). Gross, before costs, before voids, before finance. It is a screening number for comparing areas, not an appraisal of any house.
April 2026 to March 2027 (the same figures as April 2024, per the 2026 Modification Order).
Sources: VOA Local Housing Allowance rates, VOA BRMA boundaries, HM Land Registry Price Paid Data. Districts are assigned to an area by their centre point; a district straddling two areas is shown in one.