How much can I borrow to buy a home in Kensington?

Most UK lenders advance around 4.5× household income. To buy at the £675,000 median list price in Kensington with a 10% deposit, you would need a mortgage of about £607,500 and a household income of roughly £135,000.

What deposit do I need in Kensington?

A 10% deposit on the £675,000 median price in Kensington is about £67,500. A 15–20% deposit (£101,250–£135,000) usually unlocks noticeably lower interest rates.

How much stamp duty will I pay in Kensington?

Stamp duty on a £675,000 purchase is about £23,750 for a home mover, £23,750 for a first-time buyer, and £57,500 for an additional or second property, using England & Northern Ireland rates.

What are the monthly repayments on a £607,500 mortgage?

At 4.5% over 25 years, a £607,500 repayment mortgage costs around £3,377 per month. A longer term lowers the monthly figure but increases total interest paid.

Home/Search/Kensington

Greater London

Postcodes: SW7,W8

Property in Kensington

Prime central London — museums, stucco terraces, and consistently one of the strongest capital growth stories in the UK.

Homes for sale in Kensington Homes to rent

Market snapshot

Live listings

For sale

To rent

Avg bedrooms

2.5

Median sale price

£675,000

Average sale price

£500,000

Median rent (pcm)

—

Average rent (pcm)

—

Most listed:

flat · 1

bungalow · 1

Stats are calculated live from MoveLane listings within ~12km of Kensington. Averages exclude prices marked POA or on application.

Properties in Kensington

A live sample of homes currently on the market.

View all listings

Three-bedroom detached bungalow with garden

For Sale

Featured

Asking Price £325,000

Three-bedroom detached bungalow with garden

12 Bro Rhedyn, Haverfordwest, SA61 1XX

3 2Bungalow

Listed by Coastline Property

Contemporary two-bedroom apartment in Shoreditch

For Sale

Featured

Offers In Excess Of £675,000

Contemporary two-bedroom apartment in Shoreditch

Flat 12, 220 Curtain Road, London, E1 6PJ

2 2Flat / Apartment

Listed by Lane & Co Estates

What can you afford in Kensington?

Enter your household income and deposit to see the maximum you could realistically offer in Kensington, plus the monthly repayment that comes with it.

Most UK lenders advance around 4.5× household income and expect a deposit of at least 10% of the purchase price. Your borrowing is then repaid over a term — typically 25 years — with interest charged on the outstanding balance each month.

Worked example for Kensington: on the median MoveLane list price of £675,000, a 10% deposit of £67,500 leaves a £607,500 mortgage. At 4.5% over 25 years that is about £3,377 a month, and would need a household income of roughly £135,000. Stamp duty on that price would be about £23,750 for a home mover, or £23,750 as a first-time buyer.

Illustrative only and not financial advice. Actual borrowing, rates and tax depend on lender criteria and your circumstances. Stamp duty figures use England & Northern Ireland rates.

Estimated maximum budget

£675,000

£3,377 a month · £607,500 borrowing

That is £0 above the £675,000 median list price in Kensington.

Your annual income

Second income

Deposit

Interest rate

Term

yrs

Maximum borrowing£607,500

Monthly repayment£3,377

Estimated stamp duty£23,750

Total budget£675,000

See homes up to £675,000 in Kensington

Buying in Kensington: a quick guide

Budget & affordability

The median MoveLane list price in Kensington is £675,000. Most high-street lenders will offer 4–4.5× joint income, so as a rough guide you'd need combined earnings of around £156,977 and a 10–15% deposit to buy a typical home here.

Transport & commute

Check journey times on National Rail, TfL Journey Planner or your local operator before offering. Proximity to a station typically adds a 5–10% premium in Kensington — factor that in when comparing streets.

Schools & catchments

Ofsted-rated primaries and secondaries move prices in Kensington more than any other single factor. Verify catchment boundaries with the local authority before offering — they can change year to year.

Lifestyle & amenities

Walk the streets you're shortlisting at different times of day. Check high-street occupancy, parks, and how far you'd realistically travel for a weekly shop, gym or GP.

Yields & investment

To calculate gross yield in Kensington: annual rent ÷ purchase price × 100. Net yield subtracts management fees, insurance, maintenance and a void allowance (typically 8% of rent).

Next steps

Save a search for Kensington to get instant alerts when new homes are listed, message local MoveLane agents directly from each listing, and book a mortgage-in-principle before making offers to strengthen your negotiating position.

Nearby areas

Notting Hill

2 km

Colourful stucco streets, Portobello Market, and highly sought-after garden squares.

London

3 km

The UK capital and one of the world's most sought-after property markets, spanning 32 boroughs with dramatic price variation from Zone 1 to the outer commuter belt.

Clapham

5 km

A perennial young-professional favourite with the Common, strong transport links via the Northern Line, and an excellent pub and restaurant scene.

Camden

5 km

Markets, music venues and Regent's Canal moorings — Camden pairs central location with distinct character.

Islington

6 km

Elegant Georgian terraces, Upper Street's independent shops, and quick Overground access to the City.

Shoreditch

7 km

East London's creative heartland — converted warehouses, tech offices and a thriving nightlife just minutes from the City.