But according to The Sun, the thieves evaded the security teams by entering the property through the back garden. They also said the suspects had left the scene when they were called and they are keeping an "open mind" on lines of enquiry.
A spokesman for Tamara Ecclestone said: "I can sadly confirm there has been a home invasion".
The multi-million pound mansion of Tamara Ecclestone is located on "Billionaire Row", which is protected by 24-hour security and armed police at both ends of the street.
Eccelstone, who was "angry and shaken" after learning of the robbery, was reportedly away from home for the holidays when the theft occurred.
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Tamara is one of the three daughters of Bernie Ecclestone, whose fortune is estimated to be worth over three billion dollars.
"Whoever did this was in the house for 50 minutes in total and had time to smash open the safes that are hidden in Tamara's dressing room and [husband] Jay's dressing room", a neighbor told the news outlet.
Tamara's spokesman has confirmed she was robbed, with rings, earrings and an £80,000 Cartier bangle stolen in the heist at her home in Kensington Palace Gardens.
The Met said police were called to the home in Palace Green, Kensington, shortly after 23:00 GMT.
"Neither would be easy to find". "It was reported that a quantity of high value jewelry had been stolen".
It is not the first time the Ecclestone family have been targeted by thieves.