Flat 2, 1 Palace Gate, London, W8 5LS is a leasehold flat built between 1930-1949. The property offers approximately 1,668 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £2,238,232 , which equates to approximately £1,342 per square foot. It was last sold on 29 May 1997 for £480,000. Since then, the value has increased by £1,758,232, representing a 366.3% increase, or approximately 12.6% per year.

The current estimated value of £2,238,232 is:

  • 3.6% lower than the average property price on Palace Gate
  • 21.2% lower than the average in the W8 5LS postcode area
  • and 176.5% 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 24 November 2020, the property was recorded as owner-occupied.

View sold house prices in W8 5LS

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
1668 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£2,238,232
Price Per sq ft (estimate)
£1,342
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 2, 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 24 Nov 2020.

This property is heated by an air source heat pump with warm air heating. Hot water is provided from main heating system. The windows have some double glazing.

The previous EPC assessment was conducted on 11 Nov 2009, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 292.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric ceiling heating to air source heat pump, warm air, electric, improving energy efficiency from very poor to poor.
  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency changing from average to poor.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Air source heat pump, warm air, electric
Poor
Hot Water
From main system
Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Some double glazing
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 5LS

34 th / 77
Price Rank
21% lower than average
11 th / 39
Size Rank
12% smaller than average
26 th / 39
Price Per Sq FT Rank
11% lower than average

Sale History

Today
£2,238,232
streetscan.co.uk estimate
+366 %
29 May 1997
£480,000
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: 1636 sq ft
sale price: £4,090,000
sale date: 26 Jun 2017
rooms: 4
size: 1733 sq ft
sale price: £717,500
sale date: 10 Dec 2010
rooms: 4
size: 1787 sq ft
sale price: £3,600,000
sale date: 3 Apr 2017

Data Sources

The property at Flat 2, 1 Palace Gate, London, W8 5LS appears once in HM Land Registry records, with the transaction recorded on 29 May 1997. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 24 Nov 2020. 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.