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Why Are House Prices So High in Kensington?

What makes Kensington one of the world's most expensive places to live.

Why Are House Prices So High in Kensington? Luxury Property & Prime Real Estate

Updated October 2026 · Fraser Bond

Prime · Kensington

Why Kensington costs so much

Supplyvery limited
Squares& period homes
Schools& parks
Globaldemand
In short: Kensington's high prices come from a mix of scarcity and desirability: a fixed supply of grand period houses and garden squares in a conservation-heavy borough, world-class museums, parks and schools, low crime, and steady demand from international and domestic buyers. Large landed estates and careful planning protect the area's character. Within Kensington, values vary greatly by street, size, outdoor space and, for flats, lease length. Fraser Bond values, sells and lets homes in Kensington.
Scarcity

Few new homes; strict conservation rules.

Character

Stucco terraces, mews houses and garden squares.

Amenities

Museums, parks and leading schools.

Demand

International and domestic buyers.

Frequently asked questions

Why is Kensington expensive?

Limited supply, period character, amenities and strong demand.

Do prices vary within Kensington?

Yes, a lot, by street and property type.

Can Fraser Bond value my Kensington home?

Yes.

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