The Royal Borough of Kensington and Chelsea is based in west London, and covers around 12.132km2 in size.3
Well known areas of the borough include Notting Hill, Primrose Hill and Kensington.
Not just the name of a film, Notting Hill is home to a great array of celebrities – including Simon Cowell, Elton John and Jamie Oliver. Here you’ll also find many fantastic restaurants, plenty of places to shop and a good number of decent bars.4
Another celeb-spotting area. Primrose Hill is a beautiful part of the borough, located just north of Regents Park. It has the atmosphere of a small village, despite its multi-million pound valued properties, and being located so close to the centre of London.5
One of the most luxurious areas in all of London, Kensington can also claim to be the home of countless famous faces. The Circle and District Line provide a quick route into the centre of the city, while there is plenty to enjoy in Kensington itself – including boutique shopping and wonderful restaurants.4
The average cost of a home in the Royal Borough of Kensington and Chelsea (as of April 2016) is £1,314,702.*
However, this includes each different type of property. Flats on average are a little cheaper at £1,145,103, while detached houses are more expensive at £3,478,905.
The below table shows a breakdown of property prices in Kensington and Chelsea, based on the type of home, compared to the England and Wales average:
|Type of House||Average Cost – Kensington and Chelsea (April 2016)|
|Type of House||Average Cost – England & Wales (April 2016)|
*The above statistics were found using the Land Registry app. To use, simply type a UK area into the search bar (in this case ‘Kensington and Chelsea’), select ‘House Price Indices’ and then the type of property you want to determine the average price of.
Scroll down and you will see how the average price has changed over the last few months.
The council tax rates for Kensington and Chelsea are as follows:6
*Rates shown are for 2016/17
As you can see, property prices in Kensington and Chelsea are amongst the highest in the UK. The average home will typically set a buyer back millions. However, as is the case in most of London, council tax rates are lower than the rest of the UK.
Compared to other areas of London, the demographics of Kensington and Chelsea are a little older. The largest age group in the borough is 30-39 year olds. The largest group of non-UK born citizens are those who were born in the US, with sizeable portion of the population origination from France.