marketcodeAsking rent
£4,640 a month 12 months to Jul 2026
2,279 lets
Postcode district
SW3 rental market
Asking rent £4,640 a month · Gross yield 2.9% · 12 months, listings to Aug 2026
What is SW3?
- Buildings
- 3,947
- Mixed-use buildings
- 7.7%
- HMO-shaped units
- 1.1%
What does SW3 earn?
SW3: asking rent £4,640 a month (12 months to Jul 2026, 2,279 lets).
Gross yield, asking basis
2.9% 12 months to Aug 2026
4,980 lets
-9.7% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
1,179 on 21 Sep 2026
How does SW3 vary by home size?
Asking rent in SW3 runs from £3,010 a month for 1 bedroom to £18,015 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £3,010 a month | 12 months to Aug 2026 | +6.1% on the previous 12 months | 1572 |
| 2 bedrooms | £4,451 a month | 12 months to Aug 2026 | +0.4% on the previous 12 months | 1905 |
| 3 bedrooms | £8,033 a month | 12 months to Aug 2026 | +5.4% on the previous 12 months | 437 |
| 4 bedrooms | £11,504 a month | 12 months to Aug 2026 | -9.8% on the previous 12 months | 198 |
| 5+ bedrooms | £18,015 a month | 12 months to Jul 2026 | -5% on the previous 12 months | 132 |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns SW3?
Corporate landlords hold 59% of the 995 units in SW3 whose freeholder is classified; 94% of all units are not yet classified.
- Corporate landlords59% of classified · 586 units
- Individuals (not traceable in bulk)33% of classified · 331 units
- RMC6.5% of classified · 65 units
- Offshore companies0.7% of classified · 7 units
- Housing associations0.4% of classified · 4 units
- RTM0.2% of classified · 2 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does SW3 rank?
SW3 ranks 5th of 8 postcode districts in Kensington and Chelsea for asking rent, at £4,640 a month.
Asking rent · postcode districts in Kensington and Chelsea
SW3 ranks 5th of 8 postcode districts in Kensington and Chelsea for asking rent, at £4,640 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | SW1X | £11,967 a month | 704 | measured |
| 2 | W8 | £6,770 a month | 1,551 | measured |
| 3 | SW7 | £6,569 a month | 1,767 | measured |
| 4 | W11 | £5,309 a month | 1,021 | measured |
| 5 | SW3 | £4,640 a month | 2,279 | measured |
Full table: asking rent across postcode districts in Kensington and Chelsea →
Gross yield, asking basis · postcode districts in Kensington and Chelsea
SW3 ranks 8th of 8 postcode districts in Kensington and Chelsea for gross yield, asking basis, at 2.9%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | W10 | 5.3% | 1,272 | measured |
| 2 | W8 | 4.6% | 3,750 | measured |
| 3 | W11 | 4.0% | 2,058 | measured |
| 4 | SW5 | 4.0% | 3,474 | measured |
| 5 | SW10 | 3.9% | 2,335 | measured |
| 8 | SW3 | 2.9% | 4,980 | measured |
Full table: gross yield, asking basis across postcode districts in Kensington and Chelsea →
Where next from SW3?
- Kensington and ChelseaThe wider market this area sits in.
- SW10Neighbouring postcode district · £13,646/m²
- SW1XNeighbouring postcode district · £56,144/m²
- SW5Neighbouring postcode district · £18,821/m²
- SW7Neighbouring postcode district · £18,907/m²
- W10Neighbouring postcode district · £8,892/m²
- W11Neighbouring postcode district · £10,722/m²
- W8Neighbouring postcode district · £18,038/m²
- SW11Next door, in another authority · £9,943/m²
- SW1WNext door, in another authority · £18,312/m²
- W2Next door, in another authority · £11,749/m²
- SW1VNext door, in another authority · £12,525/m²
- SW8Next door, in another authority · £10,257/m²
- W1JNext door, in another authority · £36,322/m²
Questions about SW3
- What is the average rent in SW3?
- Homes to let in SW3 asked a median £4,640 a month over the 12 months to Jul 2026, 2,279 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SW3?
- 2.9% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 4,980 lets. -9.7% on the previous 12 months.
Everything else about SW3
- Properties in SW3Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in SW3Footprints, heights and the units inside them.
- Land and plots in SW3Registered parcels with their area, tenure and what stands on them.
- Homes for sale in SW3What is on the market right now, with the evidence beside each asking price.
- Homes to rent in SW3What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in SW3Registered completions from Price Paid, newest first.
- Planning applications in SW3What was proposed, who decided it and whether it was approved.
- Estate agents active in SW3Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 2,279 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 4,980 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |