OFFICE SPACE / ENGLAND

Office space in Lambeth

Where the offices are in Lambeth, which areas cost less, and what business rates would be, from the Valuation Office's official figures. These count offices, occupied or empty; they are not listings.

OFFICES (2026)
About 2,020
SERVICED OFFICES (2026)
About 810
RATEABLE VALUE PER M² (2025)
£294
AREAS
35

Where the offices are

The areas of Lambeth with the most office premises: the most choice.

AreaOffices (2026)Office floorspaceRateable value per m²
Kennington West & Vauxhall North41099,000 m²£293about the Lambeth average
Lambeth North, Waterloo & South Bank320186,000 m²£350about 23% above the Lambeth average
Vauxhall South25046,000 m²£314about 11% above the Lambeth average
Lambeth Walk & North Kennington20056,000 m²£246about 13% below the Lambeth average
Clapham Old Town12014,000 m²£206about 27% below the Lambeth average
Brixton North10029,000 m²£195about 31% below the Lambeth average
Oval10023,000 m²£172about 39% below the Lambeth average
Streatham Green606,000 m²£157about 45% below the Lambeth average
Brixton Central5014,000 m²£232about 18% below the Lambeth average
Stockwell West505,000 m²£229about 19% below the Lambeth average
West Norwood East503,000 m²£162about 43% below the Lambeth average
Acre Lane404,000 m²£245about 14% below the Lambeth average
Clapham North307,000 m²£240about 15% below the Lambeth average
Poets' Corner & Brockwell Park308,000 m²£211about 26% below the Lambeth average
Stockwell East305,000 m²£214about 25% below the Lambeth average

Lower-cost office areas

Areas with at least 50 offices and a rateable value per m² at least 15% below the Lambeth average.

AreaOffices (2026)Office floorspaceRateable value per m²
Clapham Old Town12014,000 m²£206about 27% below the Lambeth average
Brixton North10029,000 m²£195about 31% below the Lambeth average
Oval10023,000 m²£172about 39% below the Lambeth average
Streatham Green606,000 m²£157about 45% below the Lambeth average
Brixton Central5014,000 m²£232about 18% below the Lambeth average
Stockwell West505,000 m²£229about 19% below the Lambeth average

Business rates

What would the business rates be?

A year's bill in England, 2026 to 2027, before any relief other than small business rate relief.

About £14,537 a year.

A rateable value of about £33,650 (the Lambeth average for offices, raised by the average 2026 revaluation rise), times the small business multiplier of 43.2p.

A guide only: the council sends the bill, and transitional relief, other reliefs and the actual valuation change it. Find a property's rateable value with Find a business rates valuation. Sources: gov.uk, gov.uk.

Where to find premises for sale or to let

Looking near a particular street? Search by postcode.

Other councils in England with many offices

About these figures
  • Office premises are the rated offices the Valuation Office counts, occupied or empty, on 31 March 2026: how much office space an area has, not what is on the market today. Counts are rounded to the nearest 10, and small numbers are not published.
  • Rateable value is the Valuation Office's estimate of a year's open-market rent on a past valuation date, not an asking price or rent, and leaves out service charges and VAT. The area figures are for 2023; use them to compare areas, not to budget.
  • Areas are ONS middle-layer super output areas, of about 7,000 residents each.

Contains public sector information licensed under the Open Government Licence v3.0 (Valuation Office, HMRC). Source: Office for National Statistics, licensed under the Open Government Licence v3.0; contains OS data © Crown copyright and database right 2026, and Royal Mail data © Royal Mail copyright and database right 2026. Area names: House of Commons Library, Open Parliament Licence.