Flat 1, 29 Palace Gate, London, W8 5LY is a leasehold flat built between 1930-1949. The property offers approximately 2,099 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £3,271,031 , which equates to approximately £1,558 per square foot. It was last sold on 18 Aug 2023 for £3,665,000. Since then, the value has decreased by £393,969, representing a 10.7% decrease, or approximately 4.7% per year.

The current estimated value of £3,271,031 is:

  • 29.7% higher than the average property price on Palace Gate
  • 5.0% lower than the average in the W8 5LY postcode area
  • and 273.7% higher than the average price for London as a whole

At the most recent EPC inspection on 19 March 2021, the property was recorded as owner-occupied.

View sold house prices in W8 5LY

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
2099 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£3,271,031
Price Per sq ft (estimate)
£1,558
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 1, 29 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5LY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 19 Mar 2021.

This property uses an electric boiler with underfloor heating as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and underfloor heating, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 5LY

6 th / 10
Price Rank
5% lower than average
6 th / 8
Size Rank
9% smaller than average
4 th / 8
Price Per Sq FT Rank
5% higher than average

Compared to other properties in W8 5LY , this flat's estimated value ranks 6th out of 10. Based on price per square foot, it ranks 4th out of 8 properties. In terms of size, this home ranks 6th out of 8 properties in its postcode area.

Sale History

Today
£3,271,031
streetscan.co.uk estimate
-11 %
18 Aug 2023
£3,665,000
Leasehold
+84.7 %
14 Jul 2006
£1,984,519
Leasehold
+61.3 %
10 Nov 2004
£1,230,000
Leasehold
+44.7 %
5 Aug 1999
£850,000
Leasehold
+136.1 %
22 Jul 1997
£360,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1873 sq ft
sale price: £2,520,000
sale date: 1 Mar 2023
rooms: 5
size: 2142 sq ft
sale price: £3,300,000
sale date: 11 Aug 2020
rooms: 4
size: 2368 sq ft
sale price: £5,400,000
sale date: 3 Apr 2017
rooms: 4
size: 1787 sq ft
sale price: £3,600,000
sale date: 3 Apr 2017
rooms: 5
size: 2164 sq ft
sale price: £3,800,000
sale date: 23 Oct 2015

Data Sources

The property at Flat 1, 29 Palace Gate, London, W8 5LY appears five times in the Land Registry records, with the latest transaction recorded on 18 Aug 2023. It also has a single Energy Performance Certificate (EPC) from 19 Mar 2021. 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.