Flat 2, 5 Palace Court, London, W2 4LP is a leasehold flat The property offers approximately 850 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 £981,323 , which equates to approximately £1,154 per square foot. It was last sold on 7 Aug 2018 for £1,100,000. Since then, the value has decreased by £118,677, representing a 10.8% decrease, or approximately 1.5% per year.

The current estimated value of £981,323 is:

  • 46.5% lower than the average property price on Palace Court
  • 49.5% lower than the average in the W2 4LP postcode area
  • and 12.1% higher than the average price for London as a whole

At the most recent EPC inspection on 25 April 2018, the property was recorded as owner-occupied.

View sold house prices in W2 4LP

Building approximate location

About Property

Type
Flat
Built
Interior Size
850 sq ft
Tenure
Leasehold
Price (estimate)
£981,323
Price Per sq ft (estimate)
£1,154
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 5 Palace Court, London, City Of Westminster, Greater London Authority, W2 4LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Apr 2018.

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 high performance glazing.

The previous EPC assessment was conducted on 22 Dec 2017, and the property received the same rating of C with an unchanged energy efficiency score of 79.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from (another dwelling above) to (other premises above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from solid brick, with internal insulation to average thermal transmittance 0.38 w/m-¦k, with no change in energy efficiency (good).
  • The windows were upgraded from fully double glazed to high performance glazing.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Average thermal transmittance 0.38 W/m-¦K
Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 4LP

49 th / 55
Price Rank
49% lower than average
31 st / 39
Size Rank
35% smaller than average
33 rd / 39
Price Per Sq FT Rank
22% lower than average

Compared to other properties in W2 4LP , this flat's estimated value ranks 49th out of 55. Based on price per square foot, it ranks 33th out of 39 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 31th out of 39 properties in its postcode area.

Sale History

Today
£981,323
streetscan.co.uk estimate
-11 %
7 Aug 2018
£1,100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, 5 Palace Court, London, W2 4LP
rooms:
size: 743 sq ft
sale price: £1,600,000
sale date: 8 Apr 2020
Flat 1, 1 Palace Court, London, W2 4LP
rooms:
size: 872 sq ft
sale price: £1,260,000
sale date: 20 Feb 2020
Penthouse Flat, 1 Palace Court, London, W2 4LP
rooms:
size: 915 sq ft
sale price: £1,700,000
sale date: 16 Jan 2020
Flat 9, 23 Palace Court, London, W2 4LP
rooms: 4
size: 947 sq ft
sale price: £1,550,000
sale date: 6 Jan 2020
Flat 3, 5 Palace Court, London, W2 4LP
rooms:
size: 872 sq ft
sale price: £1,485,000
sale date: 3 Jun 2019

Data Sources

The property at Flat 2, 5 Palace Court, London, City Of Westminster, Greater London Authority, W2 4LP appears once in the Land Registry records, with the transaction recorded on 7 Aug 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Apr 2018. 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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