Connect with us

Average house prices in Kensington and Chelsea reach £1.5m

19 May 2022
Land registry data (UK HPI)March Av. priceMonthly change12-month
England£297,524+0.3%+9.9%
London£523,666+4.8%-0.9%
City of Westminster£1,030,679-0.5%+8.0%
Kensington and Chelsea£1,451,567+5.3%+20.3%



  • England house prices grew by 9.9% in the year to March 2022, down from 11.0% in February 2022. 
  • Across England, detached houses showed the largest increase out of all property types, growing by 13.8% in the year to March 2022 to £472,000. 
  • The East Midlands experienced the greatest increase in its average property value over the last 12 months with a movement of 12.4%
  • London saw the most significant monthly price fall with a movement of -0.9%
  • The East Midlands experienced the greatest monthly growth with an increase of 1.2%
  • London saw the lowest annual price growth with an increase of 4.8%
  • Wales shows, on average, house prices have risen by 0.4% since February 2022. An annual price rise of 11.7% takes the average property value to £206,395.
  • The lowest annual change was in flats and maisonettes which increased by 4.1% in the year to March 2022 to £245,000.
  • In March 2022, the most expensive area to purchase a property was Kensington and Chelsea, where the average cost was £1.5 million.
  • In contrast, the cheapest area to purchase a property was Burnley, where the average cost was £111,000.
Get in touch
How can we help?
Site-wide Form
Newsletter
Sign up to our monthly newsletter

Complete the form below to receive our latest news, articles and insights delivered straight to your inbox.

Newsletter Form (#2)
We care about the protection of your data. No spam. Unsubscribe anytime. Read our privacy policy for more.
A personal service, tailored to your needs, from an award-winning team
Burlingtons Real Estate
Property Ombudsman
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram