Flat 1, 1 Palace Gate, London, W8 5LS is a leasehold flat built between 1900-1929. The property offers approximately 1,636 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £3,643,159 , which equates to approximately £2,227 per square foot. It was last sold on 26 Jun 2017 for £4,090,000. Since then, the value has decreased by £446,841, representing a 10.9% decrease, or approximately 1.3% per year.

The current estimated value of £3,643,159 is:

  • 44.4% higher than the average property price on Palace Gate
  • 27.5% higher than the average in the W8 5LS postcode area
  • and 316.2% higher than the average price for London as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 4 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 12 August 2022, the property was recorded as rented.

View sold house prices in W8 5LS

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1636 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£3,643,159
Price Per sq ft (estimate)
£2,227
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 1, 1 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5LS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Aug 2022.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Nov 2018, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 16.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from air source heat pump, warm air, electric to electric underfloor heating, with no change in energy efficiency (average).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 5LS

15 th / 74
Price Rank
28% higher than average
11 th / 35
Size Rank
14% smaller than average
4 th / 35
Price Per Sq FT Rank
48% higher than average

Compared to other properties in W8 5LS , this flat's estimated value ranks 15th out of 74. Based on price per square foot, it ranks 4th out of 35 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 11th out of 35 properties in its postcode area.

Sale History

Today
£3,643,159
streetscan.co.uk estimate
-11 %
26 Jun 2017
£4,090,000
Leasehold
+81.8 %
27 Oct 2006
£2,250,000
Leasehold
+359.2 %
29 May 1997
£490,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1518 sq ft
sale price: £2,300,000
sale date: 14 Dec 2023
rooms: 4
size: 1733 sq ft
sale price: £717,500
sale date: 10 Dec 2010
rooms: 5
size: 1668 sq ft
sale price: £480,000
sale date: 29 May 1997
rooms: 3
size: 1690 sq ft
sale price: £3,500,000
sale date: 3 Apr 2017
rooms: 4
size: 1787 sq ft
sale price: £3,600,000
sale date: 3 Apr 2017

Data Sources

The property at Flat 1, 1 Palace Gate, London, W8 5LS appears three times in the Land Registry records, with the latest transaction recorded on 26 Jun 2017. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Aug 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.