Kensington and Chelsea Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Kensington and Chelsea market at a glance
Page refreshed 5 July 2026Average house price£1,272,760
MoM -1.3%YoY -8.4%
Average private rent£3,591
MoM -0.2%YoY -1.4%
Median annual pay£53,175ASHE 2025
Employment rate59.4%Aged 16-64
What this means
Kensington and Chelsea house prices are falling compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £1,272,760 in April 2026, 1.3% down over the month and 8.4% down over the year.
Monthly movementDown 1.3%From £1,289,666 last month
Annual movementDown 8.4%From £1,389,588 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £1,400,392 | Monthly: +0.8% | Annual: -1.2% |
| Month: June 2025 | Average: £1,448,385 | Monthly: +3.4% | Annual: +1.0% |
| Month: July 2025 | Average: £1,413,244 | Monthly: -2.4% | Annual: +1.3% |
| Month: August 2025 | Average: £1,359,755 | Monthly: -3.8% | Annual: +0.1% |
| Month: September 2025 | Average: £1,344,633 | Monthly: -1.1% | Annual: -4.5% |
| Month: October 2025 | Average: £1,311,903 | Monthly: -2.4% | Annual: -8.3% |
| Month: November 2025 | Average: £1,309,801 | Monthly: -0.2% | Annual: -7.4% |
| Month: December 2025 | Average: £1,248,930 | Monthly: -4.6% | Annual: -6.2% |
| Month: January 2026 | Average: £1,271,028 | Monthly: +1.8% | Annual: -5.4% |
| Month: February 2026 | Average: £1,297,092 | Monthly: +2.1% | Annual: -6.0% |
| Month: March 2026 | Average: £1,289,666 | Monthly: -0.6% | Annual: -5.0% |
| Month: April 2026 | Average: £1,272,760 | Monthly: -1.3% | Annual: -8.4% |
Continue Kensington and Chelsea Research
House Prices And Sold-Price Evidence
UK HPI shows £1,272,760 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £3,591 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £53,175 and helps compare local affordability.
Open pageKensington and Chelsea Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Kensington and Chelsea market commentary
What the latest official data may mean for buyers, renters and investors.
Kensington and Chelsea’s average house price stood at £1,272,760 in April 2026, according to the UK House Price Index. That is one of the highest levels in the country, even after a further monthly fall of 1.3%.
The latest reading leaves the market below March’s £1,289,666 and well below the level seen a year earlier.
Kensington and Chelsea’s average private rent was £3,591 in May 2026, according to the ONS Price Index of Private Rents. That is one of the highest average rents in the data supplied here, but it has edged down over the month and over the year.
Rents fell by 0.2% month on month in May.
Kensington and Chelsea has a resident population of 144,518 in the latest official estimate for 2024. That population base matters because it gives context to the local labour market.
It is a dense and affluent inner London borough, but the figures still show a mixed employment picture rather than a simple one.