Area Guide For Kensington

Undoubtedly one of the country’s most prime locations, Kensington is where real estate is definitely not cheap. The neighbourhood is quite literally worthy of royalty, and if you are in doubt, you should pay a visit to the Kensington Palace. If you are a shopaholic, Kensington High Street can quench your thirst for retail therapy and then some. The area isn’t without its banks, parks, museums or tourist attractions either, and there is a lot to do and see here. In the end, it all comes down to affordability, whether you are looking for a mansion or a flat, you will find it all, for a price.


Kensington Map

Estimated Price: £2,183,623
Average Asking Price: £2,661,349
Price change in last one year: £190,369
Average Price Paid: £1,546,828
Average Rent Rates: £4,778


Property Prices Breakdown in Kensington

Average Price for property in Kensington is around £2,183,623 which varies based on type of property you are interested in and ranges from £9,908,784 for detached house to around £5,384,964 for semi-detached. Similarly terraced house is around £3,986,103 and a flat is worth £1,568,917. Values have been changing and have risen £11,237 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £31,567 in last 6 months, £190,369 in last 1 year, £375,505 in last 2 years, £557,843 in last 3 years, £636,489 in last 4 years and £655,549 in last 5 years.

Currently average asking price of a property in Kensington is around £2,661,349 based on approximately 929 properties for sale. Same is the case with rental options based on 3,975 properties up for rent, average asking rent is around £4,778 per month.

Estimated property value in Kensington is £2,183,623. Average asking price is £2,661,349 while average price paid is £2,068,180 which is up by £190,369 and Avg. asking rent £4,778.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Kensington area. In last 1 year alone average price buyer paid is around £2,068,180 based on approximately 929 sales in Kensington area alone. If you compare it to last 3 years sales of 2,939 properties where buyers paid around £1,782,455. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £1,546,828 for 5,119 and average amount paid for purchase of approx. 6,726 properties sold in last 7 years comes to about £1,445,411 per sale.


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £1,065,182, £1,754,159 for a 2 bedroom house, £3,295,832 for a 3 bedroom house, £5,197,634 for a 4 bedroom house and £5,989,885 for a 5 bedroom house. For a flat similarly the prices varies from £969,420 for a single bedroom to £1,551,968 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,982,383, £4,504,816 for a 4 bedroom flat and £9,902,444 for a 5 bedroom flat. To sum up the asking prices for properties in Kensington it comes to around average £973,065 for 1 bedroom property, £1,566,945 for 2 bedroom, £3,030,299 for 3 bedroom, £4,834,951 for 4 bedroom and £6,995,971 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £3,078 for 1 bedroom to £5,353 for 2 bedrooms, £9,804 for 3 bedrooms, £9,999 for 4 bedrooms and £19,965 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,639. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,918, £7,667 for 3 bedroom, £10,460 for 4 bedroom and around £17,441 for 5 bedroom flat. You should be generally be expecting around average £2,668 rent per month for single bedroom property, £4,034 for 2 bedroom, £8,044 for 3 bedroom, £10,328 for 4 bedroom and approximately £19,093 for a 5 bedroom property in Kensington area.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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