Flat 1, 3 Palace Gate, London, W8 5LS is a leasehold flat built before 1900. The property offers approximately 667 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £726,074 , which equates to approximately £1,088 per square foot. It was last sold on 10 Feb 2003 for £280,000. Since then, the value has increased by £446,074, representing a 159.3% increase, or approximately 7.0% per year.

The current estimated value of £726,074 is:

  • 71.2% lower than the average property price on Palace Gate
  • 74.6% lower than the average in the W8 5LS postcode area
  • and 17.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 25 July 2023, the property was recorded as rented.

View sold house prices in W8 5LS

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
667 sq ft
Tenure
Leasehold
Price (estimate)
£726,074
Price Per sq ft (estimate)
£1,088
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, 3 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5LS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Jul 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 11 Apr 2012. The rating of C remains the same, but the energy efficiency score improved by 5.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 44% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 44% of fixed outlets
Average

Compared to W8 5LS

71 st / 74
Price Rank
75% lower than average
30 th / 35
Size Rank
65% smaller than average
32 nd / 35
Price Per Sq FT Rank
28% lower than average

Compared to other properties in W8 5LS , this flat's estimated value ranks 71th out of 74. Based on price per square foot, it ranks 32th out of 35 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 30th out of 35 properties in its postcode area.

Sale History

Today
£726,074
streetscan.co.uk estimate
+159 %
10 Feb 2003
£280,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £619,600
sale date: 5 Jun 2021
rooms: 3
size: 721 sq ft
sale price: £1,220,000
sale date: 27 Mar 2017
rooms: 3
size: 710 sq ft
sale price: £695,000
sale date: 7 Feb 2008
rooms: 2
size: 711 sq ft
sale price: £300,000
sale date: 31 Aug 2001
rooms: 3
size: 592 sq ft
sale price: £446,250
sale date: 31 Jul 2007

Data Sources

The property at Flat 1, 3 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5LS appears once in the Land Registry records, with the transaction recorded on 10 Feb 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jul 2023. 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.