Kensington and Chelsea House Prices, London
Kensington and Chelsea is a borough, located in London.
Kensington and Chelsea House Prices
As of June, 2024, the average house prices in Kensington and Chelsea are as follows:
- studio – £425,000 (-4.93%)
- 1 bedroom flat – £695,000 (-3.39%)
- 2 bedroom flat – £1,225,000 (-4%)
- 3 bedroom flat – £2,300,000 (-7.65%)
- 4 bedroom flat – £3,750,000 (-5.93%)
- 5 bedroom flat – £4,800,000 (-12.93%)
Keep in mind that these are simply the average rates for Kensington and Chelsea house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Kensington and Chelsea, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Kensington and Chelsea house price is £1,395,000, low by 0% as of £1,395,000 in May, 2024.
- Currently, there are 7,438 houses for sale and an average of 82 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Kensington and Chelsea house prices.
Kensington and Chelsea House Prices Growth
The average house price in Kensington and Chelsea over the last 5 years is as follows:
- 2019-06 – £1,393,030
- 2020-06 – £1,252,221 (-10.11%)
- 2021-06 – £1,309,638 (4.59%)
- 2022-06 – £1,489,614 (13.74%)
- 2023-06 – £1,459,918 (-1.99%)
- 2024-06 – £1,334,261 (-8.61%)
Sold house prices in Kensington and Chelsea have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 4%. Therefore, at the moment, you may be able to purchase real estate at a more favourable price than five years ago.
In addition to checking the average Kensington and Chelsea house prices, it’s also wise to keep an eye on house rent prices in Kensington and Chelsea. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Kensington and Chelsea.
Read more about Kensington and Chelsea areas: Brompton, Campden Hill, Chelsea, Earl's Court, Queen's Gate.