The Borough Compter remained in existence until December 1855 when the Grand Committee of the Bridge House Estates ordered that it should be taken down "and the materials disposed of." In the following year Mr. Alderman Humphrey was granted a lease of the site. Counter Court behind the Old Town Hall Chambers preserves in its name the memory of the old Borough prison. The passage, now empty of prisoners, began its life as a service alley in the fabric of Southwark’s commercial district.
1676
Great Fire
The Compter prison is destroyed in the Great Fire of Southwark and rebuilt shortly after on the same site.
1717
Prison Relocates
The Borough Compter moves to Tooley Street, leaving behind the site that would become Counter Street.
1855
Demolished
The Compter building is demolished, with materials disposed of.
1862–63
Victorian Bank
Frederick Chancellor’s banking building erected for the London and County Bank.
1864
Southwark Street
New thoroughfare cuts through the block, creating the street configuration that remains today.
Did You Know?
The Borough Compter was not a grand structure, but a converted parish church—St Margaret’s—with the ground floor repurposed as holding cells and the upper floor as a courtroom. When it burned in 1676, it was rebuilt as a dual-purpose building with a pub on the ground floor, because the men administering justice needed somewhere to drink.
The current layout of the streets at this junction was created in 1864 when Southwark Street was created to link London Bridge with Southwark and Blackfriars Bridges. The block was rebuilt with the current building to the south of the alley, which dates from 1862-3, to a design by Frederic Chancellor and was built for the London and County Bank. You can still see the LBC monogram above the side doors. Banking—the respectable circulation of money—replaced the shameful circulation of debtors through the old prison.
The transformation was complete. Where sheriffs once held the poor for their debts, Victorian bankers now kept the wealth of Southwark. Counter Street became part of the commercial machinery of the City’s southern face, a narrow reminder of a grimmer past.