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 19 August 2026Average house price£1,250,149
MoM -1.0%YoY -14.7%
Average private rent£3,629
MoM +0.9%YoY +0.8%
Median annual pay£53,175ASHE 2026
Employment rate65.6%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
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £1,250,149 in June 2026, 1.0% down over the month and 14.7% down over the year.
Monthly movementDown 1.0%From £1,262,938 last month
Annual movementDown 14.7%From £1,466,106 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £1,433,189 | Monthly: -2.2% | Annual: +2.7% |
| Month: August 2025 | Average: £1,392,685 | Monthly: -2.8% | Annual: +2.5% |
| Month: September 2025 | Average: £1,381,394 | Monthly: -0.8% | Annual: -1.9% |
| Month: October 2025 | Average: £1,366,075 | Monthly: -1.1% | Annual: -4.5% |
| Month: November 2025 | Average: £1,349,324 | Monthly: -1.2% | Annual: -4.6% |
| Month: December 2025 | Average: £1,292,317 | Monthly: -4.2% | Annual: -3.0% |
| Month: January 2026 | Average: £1,283,295 | Monthly: -0.7% | Annual: -4.5% |
| Month: February 2026 | Average: £1,312,130 | Monthly: +2.2% | Annual: -4.9% |
| Month: March 2026 | Average: £1,300,757 | Monthly: -0.9% | Annual: -4.2% |
| Month: April 2026 | Average: £1,323,967 | Monthly: +1.8% | Annual: -4.7% |
| Month: May 2026 | Average: £1,262,938 | Monthly: -4.6% | Annual: -10.2% |
| Month: June 2026 | Average: £1,250,149 | Monthly: -1.0% | Annual: -14.7% |
Continue Kensington and Chelsea Research
House Prices And Sold-Price Evidence
UK HPI shows £1,250,149 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £3,629 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 latest UK House Price Index reading shows the average home price at £1,250,149 in June 2026. That is still well above the million-pound mark, but it is also down 1.0% on the month and 14.7% lower than a year earlier.
According to the ONS Price Index of Private Rents, the average rent in Kensington and Chelsea stood at £3,629 in July 2026. That was up from £3,596 in June, a month-on-month rise of 0.9%.
Over the year, average rent was also slightly higher, with annual growth of 0.8%.
Kensington and Chelsea has a resident population of 145,734, so its labour market figures sit within a relatively compact but high-income local base. That matters for affordability context, because the earnings profile is very different from the Great Britain average, even though the borough still includes a wide mix of households and employment situations.