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 £3,397,598 , which equates to approximately £2,077 per square foot. It was last sold on 26 Jun 2017 for £4,090,000. Since then, the value has decreased by £692,402, representing a 16.9% decrease, or approximately 1.9% per year.

The current estimated value of £3,397,598 is:

  • 46.3% higher than the average property price on Palace Gate
  • 19.6% higher than the average in the W8 5LS postcode area
  • and 319.7% 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)
£3,397,598
Price Per sq ft (estimate)
£2,077
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 / 77
Price Rank
20% higher than average
13 th / 39
Size Rank
13% smaller than average
4 th / 39
Price Per Sq FT Rank
38% higher than average

Sale History

Today
£3,397,598
streetscan.co.uk estimate
-17 %
26 Jun 2017
£4,090,000
Leasehold
+81.8 %
27 Oct 2006
£2,250,000
Leasehold
+359.2 %
29 May 1997
£490,000
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Very low flood risk
Surface water flood hazard
Very low

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has very low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

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: 3
size: 1647 sq ft
sale price: £1,100,000
sale date: 19 Nov 2003
rooms: 3
size: 1711 sq ft
sale price: £216,250
sale date: 8 Mar 2000
rooms: 5
size: 1668 sq ft
sale price: £480,000
sale date: 29 May 1997

Data Sources

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

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.