Chelsea property market

Chelsea sits in west London, mostly in Kensington and Chelsea, about 3 miles from the centre.

The median asking price across the 1,476 homes for sale in Chelsea is £1,500,000 (as of 5 October 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £800,000 and £3,200,000. That is 161% above London. Homes that actually sold in Chelsea went for a median £1,230,000 (Land Registry, 12 months to February 2026).

Broadly flat. Based on HM Land Registry completed sales, the median sold price in Chelsea has moved little over the last 10 years, including the last 12 months (12 months to February 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.

No: asking prices in Chelsea are typically higher than across London. The median asking price in Chelsea is £1,500,000 against £575k across London: 161% above London. Some of that gap reflects what is for sale in each place rather than like-for-like value. The premium holds from the lower end to the top of the market.

1,476 homes are on the market in Chelsea right now, broadly unchanged since 1 Sept, 201 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

181 listings in Chelsea had their asking price reduced in the last 30 days, about 12% of the homes currently for sale.

Of the Chelsea listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 118 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

The median asking price for a flat in Chelsea is £1,200,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £4,750,000 across 147 listings. The Prices by property type chart on this page covers every type we track.

The median asking price for a two-bedroom flat in Chelsea is £1,200,000, across 471 current listings.

There is no single three-bedroom house price: the largest group of three-bedroom houses for sale in Chelsea is terraced houses, at a median asking price of £2,750,000 across 29 listings. The Size × type view on this page covers every combination we track.

In Chelsea, homes that sold went for a median £1,349 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £1,479 per sq ft.