A home in Earl's Court typically sells for around £845,000, and for that money you get a flat. Houses barely come up for sale. Prices have come down over the past year. Most people here rent and pay the borough's top-tier rents for it. It is one of the dearest postcodes in London even with the discount.
The Land Registry recorded 88 sales in the year to May 2026, at a median of about £845,000. Flats made up 82 of them, at a median of about £820,000. The other six were terraced houses, at a median of £1,427,500. In Earl's Court a house is the exception and a flat is the market.
The official house price index for the area had average values down about 11% in the year to May 2026, and flats alone fell by the same 11%. Over five years the index is about 5% lower. A drop that size counts as a real correction, though it still leaves a typical flat well into six figures, and nobody here would call it a bargain.
Band G is the most common council tax band in Earl's Court, and only 4% of homes are in bands A or B. Kensington and Chelsea charges about £1,667 a year for band D. For buyers arriving from outer London, that is a modest bill on a home that cost this much, and band G is the band a flat normally lands in round here.
Private rent in Kensington and Chelsea averages about £3,600 a month as of April 2026. That is a mean across the whole borough from the Office for National Statistics' rent index, not a median of advertised listings. By size, a one-bed averages about £2,570 a month, a two-bed about £3,340, a three-bed about £3,970 and four bedrooms or more about £5,510. Rents across the borough were down about 2% on the year. There is no published figure for studios or single rooms.
Households in the area had a modelled income of about £88,700 a year before tax in the financial year to March 2023, from the Office for National Statistics. That is a well-off household by any measure. It is still a long way short of a typical flat at about £820,000, which is why so many of the people who live here pay rent to someone who owns the building.
The sales that could be matched to an energy certificate's floor area went for a median of about £11,500 per square metre. The typical matched home had about 111 square metres of floor. Only 11 sales, about 13% of the year's total, could be measured that way, so the figure is a sample. The certificate also tells you the floor area of the flat you are looking at. In a Victorian conversion, also ask the seller's solicitor how many years are left on the lease and what the service charge has run to.
At the 2021 census, about 40% of homes in Earl's Court had one bedroom, 38% had two, 13% had three and 8% had four or more. Taken together with the floor-area figure, a second bedroom is already most of the way up the ladder here.
For a buyer, prices are poor value even after a year of falls. Earl's Court asks big-house money for most of a flat, and the market has only just started to give a little.