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Knightsbridge House Prices

The average house price in Knightsbridge is £3,101,517 using HM Land Registry data.

The average property price increased by £116,629 (4.14%) over the last 5 years and increased by £23,316 (0.8%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 37 transactions (-20.33%) relative to the previous year. The majority of house sales (66) were in the £570,000 - £1,702,000 range. Then came properties in the £1,702,000 - £2,834,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 157 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-217,832 (-6%).

In Oct 24, there were 86 new estate agency instructions, 18 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in Knightsbridge

4.14%

Property prices in Knightsbridge increased by 4.14% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Knightsbridge Over the Last Year

0.8%

Property prices in Knightsbridge increased by 0.8% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Knightsbridge - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Knightsbridge

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Knightsbridge

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Knightsbridge

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Knightsbridge since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Knightsbridge area since 1995.

Recent Property Sales in Knightsbridge

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Trevor Street, London, Greater London, SW7 1DX	£4,250,000	£4,000,000	-£250,000	08 Mar 2024	31 Jul 2024	145 Days
144 Walton Street, London, Greater London, SW3 2JJ	£2,450,000	£2,190,000	-£260,000	29 Jan 2024	21 Jun 2024	144 Days
80 Walton Street, London, Greater London, SW3 2HH	£3,380,000	£3,330,000	-£50,000	27 Sep 2023	18 Jun 2024	265 Days
3 St Catherines Mews, London, Greater London, SW3 2PX	£2,400,000	£2,300,000	-£100,000	16 May 2024	06 Jun 2024	21 Days
34 Princes Gate Mews, London, Greater London, SW7 2PR	£3,350,000	£3,200,000	-£150,000	14 Mar 2024	31 May 2024	78 Days
16 South Terrace, London, Greater London, SW7 2TD	£6,950,000	£6,250,000	-£700,000	20 Feb 2024	31 May 2024	101 Days
Flat 36, Lincoln House, Basil Street, London, Greater London, SW3 1AW	£2,595,000	£2,370,000	-£225,000	25 Oct 2023	07 May 2024	195 Days
Flat 829, Nell Gwynn House, Sloane Avenue, London, Greater London, SW3 3BQ	£899,500	£862,500	-£37,000	18 Oct 2023	29 Apr 2024	194 Days
25 Hasker Street, London, Greater London, SW3 2LE	£3,850,000	£3,575,000	-£275,000	14 Sep 2023	19 Apr 2024	218 Days
Lower Maisonette, 29, Ovington Square, London, Greater London, SW3 1LJ	£6,500,000	£3,600,000	-£2,900,000	01 Dec 2023	11 Apr 2024	132 Days
Flat 73, Cranmer Court, Whiteheads Grove, London, Greater London, SW3 3HH	£950,000	£915,000	-£35,000	15 May 2023	05 Apr 2024	326 Days
30 Hans Place, London, Greater London, SW1X 0JY	£10,500,000	£10,033,560	-£466,440	11 Dec 2023	01 Mar 2024	81 Days
Flat 439, Nell Gwynn House, Sloane Avenue, London, Greater London, SW3 3BB	£455,000	£422,500	-£32,500	26 Apr 2023	16 Feb 2024	296 Days
Flat 66, Montrose Court, Princes Gate, London, Greater London, SW7 2QG	£2,495,000	£1,900,250	-£594,750	17 Feb 2023	16 Feb 2024	364 Days
19 Ovington Square, London, Greater London, SW3 1LH	£6,950,000	£6,900,000	-£50,000	24 Oct 2023	09 Feb 2024	108 Days
Flat 45, Malvern Court, Onslow Square, London, Greater London, SW7 3HY	£2,750,000	£1,275,000	-£1,475,000	13 Oct 2023	16 Jan 2024	95 Days
28 Egerton Crescent, London, Greater London, SW3 2EB	£10,000,000	£9,415,000	-£585,000	04 Oct 2023	08 Jan 2024	96 Days
Flat 39, Chelsea Cloisters, Sloane Avenue, London, Greater London, SW3 3DN	£290,000	£249,000	-£41,000	17 Aug 2023	15 Dec 2023	120 Days
21 Donne Place, London, Greater London, SW3 2NG	£2,950,000	£2,900,000	-£50,000	05 Apr 2023	11 Dec 2023	250 Days
36 Rutland Court, London, Greater London, SW7 1BW	£5,600,000	£5,450,000	-£150,000	18 May 2023	24 Nov 2023	190 Days

Most Expensive Streets in Knightsbridge

Postcode	Street	Area	Average	No. of Sales
SW1X 7LJ	Knightsbridge	London	£21,957,511	6
SW3 2ED	Egerton Crescent	London	£13,248,770	5
SW7 2SD	Thurloe Square	London	£10,702,400	5
SW7 2NQ	Pelham Place	London	£9,933,333	3
SW7 2NR	Pelham Crescent	London	£9,833,333	3
SW3 2AD	Brompton Square	London	£9,793,617	5
SW3 1RJ	Walton Place	London	£8,983,333	3
SW3 2AX	Alexander Square	London	£8,416,666	3
SW3 1RW	Hans Road	London	£8,330,000	3
SW1X 0HU	Cadogan Square	London	£7,679,671	3

Least Expensive Streets in Knightsbridge

Postcode	Street	Area	Average	No. of Sales
SW3 3ER	Chelsea Cloisters	Sloane Avenue	£271,000	4
SW3 3EE	Chelsea Cloisters	Sloane Avenue	£350,000	3
SW3 3EL	Chelsea Cloisters	Sloane Avenue	£361,333	3
SW3 3DU	Chelsea Cloisters	Sloane Avenue	£391,666	3
SW3 3DT	Chelsea Cloisters	Sloane Avenue	£400,000	3
SW3 1AX	Basil Street	London	£428,421	7
SW3 3BE	Nell Gwynn House	Sloane Avenue	£559,666	3
SW3 3AU	Nell Gwynn House	Sloane Avenue	£570,714	7
SW3 3BG	Nell Gwynn House	Sloane Avenue	£573,333	6
SW3 2JZ	Walton Street	London	£613,557	5