Flat 11, 29 Palace Gate, London, W8 5LY is a leasehold flat built before 1900. The property offers approximately 2,583 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £5,014,189 , which equates to approximately £1,941 per square foot. It was last sold on 29 Apr 2022 for £6,150,000. Since then, the value has decreased by £1,135,811, representing a 18.5% decrease, or approximately 5.1% per year.

The current estimated value of £5,014,189 is:

  • 98.8% higher than the average property price on Palace Gate
  • 45.7% higher than the average in the W8 5LY postcode area
  • and 472.9% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 23 March 2021, the property was recorded as owner-occupied.

View sold house prices in W8 5LY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
2583 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£5,014,189
Price Per sq ft (estimate)
£1,941
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 11, 29 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5LY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Mar 2021.

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 fully double glazed.

The previous EPC assessment was conducted on 6 Mar 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 150 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to timber frame, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from fully secondary glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 71% of fixed outlets to low energy lighting in 73% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to W8 5LY

3 rd / 10
Price Rank
46% higher than average
4 th / 8
Size Rank
12% bigger than average
3 rd / 8
Price Per Sq FT Rank
31% higher than average

Compared to other properties in W8 5LY , this flat's estimated value ranks 3rd out of 10. Based on price per square foot, it ranks 3rd out of 8 properties. In terms of size, this home ranks 4th out of 8 properties in its postcode area.

Sale History

Today
£5,014,189
streetscan.co.uk estimate
-18 %
29 Apr 2022
£6,150,000
Leasehold
+36.7 %
21 Sep 2018
£4,500,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 8
size: 2852 sq ft
sale price: £6,300,000
sale date: 16 Nov 2018
rooms: 8
size: 2368 sq ft
sale price: £600,000
sale date: 26 Feb 1999
rooms: 7
size: 2928 sq ft
sale price: £1,100,000
sale date: 4 Feb 1998
rooms: 7
size: 2713 sq ft
sale price: £6,500,000
sale date: 3 Apr 2017
rooms: 6
size: 2594 sq ft
sale price: £4,940,000
sale date: 5 Mar 2013

Data Sources

The property at Flat 11, 29 Palace Gate, London, W8 5LY appears two times in the Land Registry records, with the latest transaction recorded on 29 Apr 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 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.