by Sam Akbay
A Seasonal Deep Dive: Late Spring into Early Summer 2025
As the wisteria climbs across Chelsea façades and garden squares burst into full bloom, it’s time for our seasonal look at what’s really happening in the Chelsea & Westminster property market. Whether you’re looking to buy, sell, or simply stay informed—here’s what you need to know right now.
Property Prices: Modest Growth, Strong Demand in Key Areas
Prime property prices across Chelsea and Westminster have continued their steady climb, rising by approximately 2.4% since the start of the year. After a quiet winter, the market has regained momentum, with renewed confidence from both domestic movers and international investors.
Mews houses in Chelsea and Belgravia have seen particularly strong interest—valued for their privacy, charm, and manageable upkeep.
Riverside flats along Cheyne Walk and at Grosvenor Waterside remain hot property, especially those with balconies, concierge services, and parking. Ideal for overseas buyers and local downsizers alike.
Top Tip: If you own a riverside flat with outdoor space, this is a great moment to list—buyer demand is currently outstripping supply.
What Buyers Want in Late Spring/Early Summer
This season, “turnkey” homes are topping wish lists. With renovation costs still high and many buyers short on time, fully refurbished, move-in-ready properties are commanding premium prices.
Young professionals and pied-à-terre buyers are flocking to stylish 1- and 2-bed flats in period conversions—especially near Old Church Street, Draycott Place, and Sloane Avenue.
Families are prioritising proximity to top schools, with strong demand for 3- to 4-bed homes near Fox Primary and Chelsea Academy, particularly in garden square locations like Evelyn Gardens and Rosary Gardens.
Mortgage Market: Signs of Stability
After a turbulent 2024, this spring and early summer are bringing cautious optimism. The Bank of England has held its base rate steady at 4.25%, prompting many lenders to adjust their fixed-rate mortgage products.
Buyers with solid deposits are now securing 5-year fixes just under 4%
New lending options are emerging for first-time buyers, especially those using family support or gifted deposits
High-net-worth individuals continue to enjoy bespoke finance options
At Sam Akbay Property, we partner with experienced mortgage advisors and are happy to connect you with the right broker—particularly valuable if you’re unfamiliar with the UK lending landscape.
Market Outlook for Summer 2025
Here’s what we’re anticipating as we head into the warmer months:
Ongoing shortage of high-quality 2- to 4-bedroom homes in SW3 and SW10
Rising interest from overseas buyers, especially from the US, Middle East, and Turkey
A possible uptick in asking prices if inflation continues to ease and rate stability holds
Ready to Talk Property?
Whether you’re curious about your home’s value, considering your next move, or just want a clearer view of the market—we’re here to help.
Our discreet, tailored service is trusted by local homeowners and international investors alike.
Get in touch for a no-obligation chat or to arrange a private valuation this season.
Let’s make your next move a smart one.
