18,550 people · median £549,000 · Lambeth
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Sold price trend +8.4%
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The area in short neighbourhood AI summary
Oval is a London neighbourhood with a population of 18,550 and a median age of 36.2 years. The median house price stands at £549,000, with flats typically priced at £475,000. Prices have risen 8.4 percent over five years.
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About 35 percent of neighbourhoods in England are more deprived than Oval. The area is ethnically diverse, with 51.5 percent White, 26.9 percent Black, 8.3 percent Mixed and 6.2 percent Asian residents. Just 23.0 percent of homes are owner-occupied; 42.1 percent are socially rented and 33.3 percent privately rented. Education levels are relatively high, with 54.0 percent of residents aged 16 and over holding level 4 qualifications or above. Air quality is moderate, with PM2.5 at 9.0 micrograms per cubic metre annually, though nitrogen dioxide is elevated at 22.7. Broadband is widely available, with 96.1 percent superfast coverage. The area contains 28 conservation areas and 89 listed buildings. Governance is handled by the London Borough of Lambeth.
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