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Prime central London rents slip as new supply reaches the market
Official figures show lower rents in both boroughs, and a filed letting plan offers twice as long a rent-free period on larger homes.
Westminster · 4 h ago · Based on 3 documents
Key facts
Westminster rents down 2.4%
Kensington and Chelsea down 3.1%
1,184 homes completed in Westminster
Up to eight weeks rent-free
The Office for National Statistics puts the average private rent in Westminster at £3,310 a month for September. For Kensington and Chelsea the figure is £3,640 a month. Over twelve months, rents fell 2.4% in Westminster and 3.1% in Kensington and Chelsea.
−3.1%
Change in rents over twelve months, Kensington and Chelsea
Westminster City Council's authority monitoring report lists 1,184 homes completed in the year to March 2026. The report for the year before lists 902. That is 282 more homes, a rise of 31%.
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Still in this story
The letting terms in a filed management plan
How many of the block's homes have three bedrooms or more
What the monitoring report counts
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