Chelsea, London
everything you need to know
about real estate in Chelsea

Chelsea is an area of London bounded to the south by the River Thames, where its frontage runs from Chelsea Bridge along the Chelsea Embankment, Cheyne Walk, Lots Road and Chelsea Harbour. Its eastern boundary was once defined by the River Westbourne, which is now in a pipe above Sloane Square tube station. The modern eastern boundary can be said to be Chelsea Bridge Road and the lower half of Sloane Street, including Sloane Square. To the north and northwest, the area fades into Brompton and South Kensington, but it is safe to say that the area north of the King's Road as far northwest as the Fulham Road is part of Chelsea.

Chelsea, London

Chelsea consists of two main postcodes (SW3 and SW10) but also includes small sections of SW1. All of Chelsea is, by definition, in the London borough of "The Royal Borough Kensington and Chelsea" (RBKC). On the eastern side RBKC meets the equably fashionable and expensive borough of the City of Westminster (COW), this meets at Lower Sloane Street where the postcode is SW1W, with one side of the road being in COW and the other in RBKC. However it does give the strange result that some of RBKC is in SW1W.

The vast majority of Chelsea is SW3. The far west of Chelsea is SW10 and SW5 but due to the absence of tube coverage in large parts of the Borough, most people in SW10 use Earls Court tube in SW5.

The most desirable part of Chelsea is around Sloane Square tube. Around here, Chelsea meets Belgravia and Knightsbridge. This property market attracts considerable (international) attention, and is a very complex market. The area around Milner Street has seen a massive boom in the prices of property (a 19% increase between 2005 and 2006).

Much of Chelsea (SW3) and Knightsbridge (SW1X) is still owned by Earl Cadogan. Most of the property he owns is in and around Cadogan Square. This has a major influence on the markets as the Earl is the freeholder. He also owns Cadogan Square, to which local residents can subscribe for an annual fee, and in return receive access to the gardens (and optionally the tennis courts). Servite Primary School is there.

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