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Area Overview

Sold: Jul-Sep 2018

Click here to download Chelsea Q3 2018 Sales Report

 

Key Findings

  • Average flat prices are now 5.0% lower than they were 5 years ago, with buyers paying £74 less per square foot than they did 5 years ago.
  • Achieved prices per square foot have decreased by 8.2% for flats over the last year, and have increased by 10.6% for houses.
  • 23.3% of properties sold within 3 months, compared with 17.2% for the whole of Central London.
  • Properties sold in the last 3 months achieved an average price of £1,116,023 for flats and £6,452,038 for houses.

 

Current Availability

Key Findings

  • 35.6% of properties on the market are priced at £2 million or higher.
  • 45.8% of properties currently available have been on the market for more than six months.
  • 11.1% of flats and 6.9% of houses on the market are currently under offer.