Property Data OutlookSW5
10,611 recorded transactions · Part of Kensington and Chelsea
Compare with another area →Market outlook for SW5
Key indicators for buyers
The SW5 market is moderately favourable for buyers. Prices have softened (-20.5%), which could present a buying opportunity. Affordability has improved from a peak of 44.0x in 2018 to 25.2x today.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Kensington and Chelsea area
A home in Kensington and Chelsea costs 25.2x the local median salary — very stretched, improving from a peak of 44.0x in 2018.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Kensington and Chelsea area
Average monthly rent in Kensington and Chelsea is £3,599, down 1.1% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Kensington and Chelsea price of £789,955 with a 25% deposit (£197k), a 2-year fixed mortgage at 4.45% costs around £3,276 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SW5 avg. price with Kensington and Chelsea rental data
Monthly mortgage payments (£3,276) are £323 less than renting (£3,599). However, buying requires an upfront deposit of £197k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 3, 40, PHILBEACH GARDENS SW5 9EB | Flat/Maisonette | £731,000 | 16 Mar 2026 |
FLAT 2, 35, KEMPSFORD GARDENS SW5 9LA | Flat/Maisonette | £600,000 | 5 Mar 2026 |
45, BOLTON GARDENS SW5 0AG | Terraced | £720,000 | 4 Mar 2026 |
FLAT 18, MOSCOW MANSIONS, 224, CROMWELL ROAD SW5 0SP | Flat/Maisonette | £650,000 | 2 Mar 2026 |
BASEMENT FLAT, 7A, LONGRIDGE ROAD SW5 9SB | Flat/Maisonette | £815,000 | 2 Mar 2026 |
FLAT 2, WETHERBY MANSIONS, EARLS COURT SQUARE SW5 9DJ | Flat/Maisonette | £795,000 | 27 Feb 2026 |
FLAT 1, 25, EARDLEY CRESCENT |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.