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South Kensington House Prices South Kensington House Prices

The average house price in South Kensington is £2,191,875 using HM Land Registry data.

The average property price increased by £737,452 (37.77%) over the last 5 years and increased by £147,388 (5.8%) over the last 12 months.

Over the last year, there were 193 residential property sales – a decrease of 64 transactions (-33.16%) relative to the previous year. The majority of house sales (69) were in the £460,000 - £1,468,000 range. Then came properties in the £1,468,000 - £2,476,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 121 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-196,522 (-6%).

In April 2024, there were 81 new estate agency instructions, 28 agreed home sales and 67 property price reductions.

Neighbouring Areas: Knightsbridge, Earl's Court, Holland Park, West Kensington, Bayswater, Hyde Park

Postcodes Covered: SW5, SW7, W14, W8

5-Year Average Property Prices in South Kensington

37.77%

Property prices in South Kensington increased by 37.77% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in South Kensington Over the Last Year

5.8%

Property prices in South Kensington increased by 5.8% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for South Kensington - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in South Kensington

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in South Kensington

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in South Kensington

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the South Kensington since 1995

Using HM Land Registry data, this chart displays average annual house prices in the South Kensington area since 1995.

Recent Property Sales in South Kensington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
53 Abingdon Villas, London, Greater London, W8 6XA£5,950,000£5,150,000-£800,00014 Sep 201328 Feb 20243819 Days
25 Edwardes Square, London, Greater London, W8 6HH£5,600,000£5,600,000£0009 Sep 202326 Jan 2024139 Days
46 Pembroke Square, London, Greater London, W8 6PE£4,900,000£4,300,000-£600,00025 Sep 202312 Dec 202378 Days
14 Launceston Place, London, Greater London, W8 5RL£6,250,000£6,250,000£0012 Jun 202324 Nov 2023165 Days
67 Iverna Court, London, Greater London, W8 6TT£4,500,000£4,300,000-£200,00029 Jun 202321 Nov 2023145 Days
7 Cottesmore Gardens, London, Greater London, W8 5PR£17,500,000£15,875,000-£1,625,00014 Jul 202329 Sep 202377 Days
29 Queens Gate Place Mews, London, Greater London, SW7 5BG£4,800,000£4,400,000-£400,00016 May 202328 Sep 2023135 Days
33a, Emperors Gate, London, Greater London, SW7 4JA£2,000,000£1,925,000-£75,00024 Apr 202308 Sep 2023137 Days
7 Edwardes Square, London, Greater London, W8 6HE£5,250,000£5,200,000-£50,00005 May 202307 Sep 2023125 Days
Flat 10, Maple Lodge, Abbots Walk, London, Greater London, W8 5UN£2,875,000£2,700,000-£175,00018 Apr 202304 Sep 2023139 Days
2 Pembroke Square, London, Greater London, W8 6PA£3,800,000£3,675,000-£125,00004 Apr 202318 Aug 2023136 Days
10 Inkerman Terrace, London, Greater London, W8 6QX£4,000,000£3,900,000-£100,00028 Apr 202317 Aug 2023111 Days
The First Floor Flat, 16, Marloes Road, London, Greater London, W8 5LH£925,000£700,000-£225,00012 Apr 202327 Jul 2023106 Days
9 Logan Mews, London, Greater London, W8 6QP£2,300,000£2,290,000-£10,00008 Mar 202320 Jul 2023134 Days
First Floor Flat, 51, Cornwall Gardens, London, Greater London, SW7 4BG£4,650,000£2,668,000-£1,982,00013 Mar 201807 Jul 20231942 Days
18 Edwardes Square, London, Greater London, W8 6HE£6,250,000£5,628,500-£621,50004 Nov 202230 Jun 2023238 Days
2 De Vere Mews, London, Greater London, W8 5AL£1,500,000£1,475,000-£25,00030 Mar 202328 Jun 202390 Days
29 Wynnstay Gardens, London, Greater London, W8 6UR£2,950,000£2,900,000-£50,00011 Nov 202226 Jun 2023227 Days
24 Eldon Road, London, Greater London, W8 5PT£11,850,000£11,500,000-£350,00024 Feb 202323 Jun 2023119 Days
Flat 29, Abingdon Court, Abingdon Villas, London, Greater London, W8 6BT£2,250,000£1,950,000-£300,00031 Jan 202319 May 2023108 Days

Most Expensive Streets in South Kensington

PostcodeStreetAreaAverageNo. of Sales
W8 5PRCottesmore GardensLondon£15,791,6663
W8 5RFVictoria RoadLondon£11,856,2504
W8 5RHVictoria RoadLondon£11,393,7504
W8 5PTEldon RoadLondon£8,800,0004
W8 5AEKensington RoadLondon£8,246,5624
SW7 5DSHyde Park GateLondon£7,750,0004
W8 5PUEldon RoadLondon£7,225,0003
W8 5NAKensington GateLondon£7,073,3333
W8 6LPEarls TerraceLondon£6,743,7504
W8 5UESt Marys PlaceLondon£6,733,3336

Least Expensive Streets in South Kensington

PostcodeStreetAreaAverageNo. of Sales
SW5 0SSCromwell RoadLondon£332,5006
W8 6DNChatsworth CourtPembroke Road£383,7504
W14 8NJWarwick RoadLondon£391,8754
SW5 0STCromwell RoadLondon£400,0005
SW5 0SUCromwell RoadLondon£400,7009
W8 6QLEarls Court RoadLondon£442,5004
W8 6DHChatsworth CourtPembroke Road£476,6005
W8 6DLChatsworth CourtPembroke Road£479,0088
SW7 4XBCromwell RoadLondon£561,8754
W8 6ENWarwick ChambersLondon£603,3333

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