Chelsea is an affluent area, bounded to the south by the River Thames.
Egerton Crescent was described in 2013 as "the most expensive street in Britain".
The street runs roughly north to south in a curve, with both ends forming t-junctions on Egerton Gardens
, which in turn runs roughly north to south between Egerton Terrace
and Brompton Road
The houses were designed by George Basevi and built by James Bonnin in the 1840s, when it was called Brompton Crescent, but was renamed Egerton Crescent in 1896 in honour of Francis Egerton, 3rd Duke of Bridgewater.
In 2013, property here cost more than 74 times the price of the average home in the UK.
By December 2015, it had been demoted to be the second most expensive street in England, with an average property price of £7,550,000, according to research from Lloyds Bank, based on Land Registry data..
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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 is Chelsea Bridge Road and the lower half of Sloane Street, including Sloane Square, along with parts of Belgravia. To the north and northwest, the area fades into Knightsbridge and South Kensington, but it is safe to say that the area north of King’s Road as far northwest as Fulham Road is part of Chelsea.
The word Chelsea originates from the Old English term for chalk
and landing place on the river
. The first record of the Manor of Chelsea precedes the Domesday Book and records the fact that Thurstan, governor of the King’s Palace during the reign of Edward the Confessor (1042–1066), gave the land to the Abbot and Convent of Westminster. Abbot Gervace subsequently assigned the manor to his mother, and it passed into private ownership. The modern-day Chelsea hosted the Synod of Chelsea in 787 AD.
Chelsea once had a reputation for the manufacture of Chelsea buns (made from a long strip of sweet dough tightly coiled, with currants trapped between the layers, and topped with sugar).
King Henry VIII acquired the manor of Chelsea from Lord Sandys in 1536; Chelsea Manor Street is still extant. Two of King Henry’s wives, Catherine Parr and Anne of Cleves, lived in the Manor House; Princess Elizabeth – the future Queen Elizabeth I – resided there; and Thomas More lived more or less next door at Beaufort House. In 1609 James I established a theological college on the site of the future Chelsea Royal Hospital, which Charles II founded in 1682.
By 1694, Chelsea – always a popular location for the wealthy, and once described as ’a village of palaces’ – had a population of 3000. Even so, Chelsea remained rural and served London to the east as a market garden, a trade that continued until the 19th-century development boom which caused the final absorption of the district into the metropolis.
Chelsea shone, brightly but briefly, in the 1960s Swinging London period and the early 1970s. The Swinging Sixties was defined on King’s Road, which runs the length of the area. The Western end of Chelsea featured boutiques Granny Takes a Trip and The Sweet Shop, the latter of which sold medieval silk velvet caftans, tabards and floor cushions, with many of the cultural cognoscenti of the time being customers, including Keith Richards, Twiggy and many others.
The exclusivity of Chelsea as a result of its high property prices has historically resulted in the term Sloane Ranger to be used to describe its residents. From 2011, Channel 4 broadcast a reality television show called Made in Chelsea
, documenting the ’glitzy’ lives of several young people living in Chelsea. Moreover, Chelsea is home to one of the largest communities of Americans living outside of the United States, with 6.53% of Chelsea-residents being born in the United States.