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£765,000 below fair value

SW3 2SA

Draycott Place, London, SW3

3 Beds
2 Baths
178 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £2,600,000
Price per m² £16,011 / m²

The raised ground floor is devoted to entertaining. A striking double reception stretches the full width of the building, its 11ft ceilings crowned with decorative plasterwork and lit by tall bay windows that draw in the soft light of this quiet Chelsea street. Deep parquet floors run beneath a gallery of framed artworks, while a contemporary fireplace anchors the room and gives it the feel of a private salon rather than a conventional living space.

To the rear, the kitchen and dining room form a generous open-plan sequence, where sleek cabinetry and a long island sit beneath a wall of windows and doors opening directly onto the terrace. This elevated outdoor space becomes an extension of the kitchen, perfect for summer lunches, evening drinks or simply letting the day spill outside. A guest cloakroom and discreet storage complete this level.

Downstairs, the mood shifts to something calmer and more private. The principal bedroom suite is generously scaled, with bespoke wardrobes and an ensuite bathroom finished in pale stone, complete with a deep bathtub and walk-in shower. Two further bedrooms sit alongside a second bathroom, one of them opening directly onto a secluded private garden that brings greenery and light deep into the lower floor. Vault storage adds a practical touch without compromising the clean lines of the rooms.

Throughout, the apartment balances contemporary finishes with the character of its period features, giving it a sense of individuality that feels far removed from a standard Chelsea conversion.

Draycott Place is defined by its elegant red-brick buildings, mature trees and its sense of calm. The boutiques and cafés of the King's Road and Pavilion Road are moments away, Sloane Square station is close at hand, and Hyde Park provides a welcome sweep of green just up the road.

How the asking price has moved

May 2026
£2,850,000
Listed at original asking price
Jun 2026
£2,600,000
Current asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
Flat 2, 38, 38 DRAYCOTT PLACE, SW3 2SA £535,000 Jun 2024 Flat
Flat 2, 36, 36 DRAYCOTT PLACE, SW3 2SA £1,350,000 Mar 2023 Flat
Flat 2, 40, 40 DRAYCOTT PLACE, SW3 2SA £580,000 Jan 2022 Flat
50 DRAYCOTT PLACE, SW3 2SA £2,500,000 May 2020 Flat
Flat 5, 40, 40 DRAYCOTT PLACE, SW3 2SA £2,490,000 Dec 2018 Flat
Flat 1, 36, 36 DRAYCOTT PLACE, SW3 2SA £815,000 Apr 2018 Flat
Source: HM Land Registry · SW3 2SA · Sorted by date

Draycott Place, London, SW3

Our fair price estimate
£3,365,000
Nearby sold prices per m² × UK HPI × 178 m² floor area (EPC-declared)
Asking price £2,600,000
Fair price £3,365,000
Difference ↓ £765,000 under
Price per m² £16,011 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 178 m². Updated daily.