Flat 2, 29 Palace Gate, London, W8 5LY is a leasehold flat built before 1900. The property offers approximately 2,368 square feet of living space. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £2,301,818 , which equates to approximately £972 per square foot. It was last sold on 26 Feb 1999 for £600,000. Since then, the value has increased by £1,701,818, representing a 283.6% increase, or approximately 10.4% per year.

The current estimated value of £2,301,818 is:

  • 0.9% lower than the average property price on Palace Gate
  • 33.1% lower than the average in the W8 5LY postcode area
  • and 184.4% higher than the average price for London as a whole

At the most recent EPC inspection on 10 May 2022, the property was recorded as rented.

View sold house prices in W8 5LY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
2368 sq ft
Tenure
Leasehold
Price (estimate)
£2,301,818
Price Per sq ft (estimate)
£972
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 2, 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 10 May 2022.

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 have partial secondary glazing.

The previous EPC assessment was conducted on 20 Feb 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 23%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from some secondary glazing to partial secondary glazing.
  • The lighting was updated from low energy lighting in 2% of fixed outlets to low energy lighting in 52% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Partial secondary glazing
Poor
Lighting
Low energy lighting in 52% of fixed outlets
Good

Compared to W8 5LY

7 th / 10
Price Rank
33% lower than average
5 th / 8
Size Rank
2% bigger than average
7 th / 8
Price Per Sq FT Rank
35% lower than average

Sale History

Today
£2,301,818
streetscan.co.uk estimate
+284 %
26 Feb 1999
£600,000
Leasehold

Flood Risk for this Property

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

* 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 medium 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 Medium
  • 0.3m depth Medium
  • 0.6m depth Low
  • 0.9m depth Low
  • 1.2m depth Very low

Area Insights

Similar Properties Sold Nearby

Flat 11, 29 Palace Gate, London, W8 5LY
rooms: 7
size: 2583 sq ft
sale price: £6,150,000
sale date: 29 Apr 2022
Flat 3, 8 Palace Gate, London, W8 5NF
rooms: 7
size: 2713 sq ft
sale price: £6,500,000
sale date: 3 Apr 2017
Flat 4, 9 Palace Gate, London, W8 5LS
rooms: 9
size: 2680 sq ft
sale price: £3,950,000
sale date: 16 Sep 2011

Data Sources

The property at Flat 2, 29 Palace Gate, London, W8 5LY appears once in HM Land Registry records, with the transaction recorded on 26 Feb 1999. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 10 May 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.
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