Kensington and Chelsea: the market in figures
Kensington and Chelsea has the highest average price of all 135 areas covered, £1,204,072, and heads the 13 London areas too. It stands 117.2% above London's £554,430 and 341% above the UK's £273,037. The year just ended brought a fall of 13.8%, where London overall fell 2.2%. Its first-time buyer average, £1,020,436, still exceeds the London average of £554,430.
The series has swung widely. In 2016 it was £1,305,767. A rise of 4.2% in 2017 was followed by 12.8% in 2018, to £1,534,304, and then a drop of 12.2% in 2019. Gains of 6.5% in 2020, 9% in 2021, followed by 4.2% in 2022 produced the top of £1,628,847. After that, 2023 lost 8%, 2024 lost 9.3%, 2025 regained 2.8%, and 2026 lost the 13.8%, setting the lowest value of the whole series. Over the period the change is a fall of 7.8%, or £101,695.
Type prices are far apart: flats £947,855, terraced houses £2,385,591, semi-detached homes £2,995,521, detached ones £4,344,621. The detached figure is £3,396,766 above a flat, or 358.4%. First homes average £1,020,436, which is 15.3% less than the overall average.
Every neighbour listed costs less, and every one of them fell over the year. Westminster (£887,206) is 26.3% lower and down 14.3% on the year, Camden (£798,486) 33.7% lower and down 10.6%, Hammersmith and Fulham (£754,825) 37.3% lower, Wandsworth (£694,210) 42.3% lower and Lambeth (£540,198) 55.1% lower.
A home mover and a first-time buyer both owe £64,157 of Stamp Duty Land Tax at the average price, 5.3% of it, and an additional property owes £124,361. The HM Land Registry fee is £500. The area logged 1,493 sales in the period since June 2025.
Hammersmith and Fulham is just 2 km off, with Camden and Lambeth 6 km off. At the other end of the national ranking stands City of Aberdeen, the lowest of the 135 areas.
Payotte, from the UK HPI and the calculator.
Property professionals in Kensington and Chelsea
One firm per trade, selected by Payotte on public data (2 of 5 trades filled in Kensington and Chelsea). Companies, never individuals, with a regulator or register you can check with the official body.
| Trade | Firm | Google rating | Reviews | Score /100 | Status | Listing |
|---|---|---|---|---|---|---|
| Estate agent | Vacant | — | — | — | — | — |
| Mortgage adviser | Vacant | — | — | — | — | — |
| Conveyancer | Vacant | — | — | — | — | — |
| Surveyor | Capital Chartered Surveyors and Valuers | 5 | 9 | 66 | Partial | View |
| Valuer | Capital Chartered Surveyors and Valuers | 5 | 9 | 66 | Partial | View |
One firm per trade and per area, chosen on public data and scored out of 100 points — Google reviews (35), age of the company (30), checkable regulator or register (15), local anchoring (15), bonus (5). The ranking is never paid for. No firm can buy its place or its recommendation. How Payotte ranks firms
Calculate for Kensington and Chelsea
Frequently asked questions
What is the average house price in Kensington and Chelsea?
The average price of a home in Kensington and Chelsea was £1,204,072 in August 2026, -13.8% over twelve months (UK House Price Index).
Have house prices gone up in Kensington and Chelsea?
The average price in Kensington and Chelsea went from £1,305,767 in August 2016 to £1,204,072 in August 2026, a change of -7.8%; -13.8% over the last twelve months (UK House Price Index).
How much Stamp Duty Land Tax on an average-priced home in Kensington and Chelsea?
On £1,204,072, Stamp Duty Land Tax (SDLT) comes to £64,157 for a home mover, £64,157 for a first-time buyer and £124,361 for an additional property, at the rates in force in England.
How much tax when you sell a home in Kensington and Chelsea?
None on your main home if it was your only home, lived in for all the time you owned it, not let out and not used exclusively for business (Private Residence Relief). A second home or a buy-to-let pays Capital Gains Tax above the £3,000 allowance (2026 to 2027; rates in the calculator above). The tax is reported and paid within 60 days of completion (HMRC).
Is Kensington and Chelsea expensive?
Kensington and Chelsea ranks 1st of the 135 areas Payotte covers for the average price in August 2026, from £1,204,072 in Kensington and Chelsea to £133,782 in City of Aberdeen.
Prices by property type, August 2026
| Type | Average price | London |
|---|---|---|
| Detached | £4,344,621 | £1,164,439 |
| Semi-detached | £2,995,521 | £730,580 |
| Terraced | £2,385,591 | £648,650 |
| Flat or maisonette | £947,855 | £427,310 |
| All types | £1,204,072 | £554,430 |
| First-time buyers | £1,020,436 | £473,051 |
The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.
The trend, August of each year
| Year | Average price | Change on the year before |
|---|---|---|
| 2016 | £1,305,767 | — |
| 2017 | £1,360,693 | +4.2% |
| 2018 | £1,534,304 | +12.8% |
| 2019 | £1,347,001 | -12.2% |
| 2020 | £1,434,698 | +6.5% |
| 2021 | £1,563,496 | +9% |
| 2022 | £1,628,847 | +4.2% |
| 2023 | £1,497,975 | -8% |
| 2024 | £1,358,489 | -9.3% |
| 2025 | £1,396,156 | +2.8% |
| 2026 | £1,204,072 | -13.8% |
Sources
- Prices and sales: UK House Price Index, file UK-HPI-full-file-2026-08.csv. Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.
- Purchase tax: rates and sources of the calculator (HMRC).
- Tax when you sell: Capital Gains Tax rates, Tax when you sell your home and Report and pay your Capital Gains Tax (GOV.UK, HMRC).