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 £2,468,182 , which equates to approximately £1,042 per square foot. It was last sold on 26 Feb 1999 for £600,000. Since then, the value has increased by £1,868,182, representing a 311.4% increase, or approximately 11.6% per year.

The current estimated value of £2,468,182 is:

  • 2.2% lower than the average property price on Palace Gate
  • 28.3% lower than the average in the W8 5LY postcode area
  • and 182.0% 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)
£2,468,182
Price Per sq ft (estimate)
£1,042
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
28% lower than average
5 th / 8
Size Rank
2% bigger than average
7 th / 8
Price Per Sq FT Rank
30% lower than average

Compared to other properties in W8 5LY , this flat's estimated value ranks 7th out of 10. Based on price per square foot, it ranks 7th out of 8 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 5th out of 8 properties in its postcode area.

Sale History

Today
£2,468,182
streetscan.co.uk estimate
+311 %
26 Feb 1999
£600,000
Leasehold

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: 7
size: 2490 sq ft
sale price: £3,950,000
sale date: 16 Sep 2011

Data Sources

The property at Flat 2, 29 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5LY appears once in the Land Registry records, with the transaction recorded on 26 Feb 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 May 2022. 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.
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