Flat 2, 55A Palace Gardens Terrace, London, W8 4RU is a leasehold flat built before 1900. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £702,017 , which equates to approximately £1,449 per square foot. It was last sold on 22 Oct 2021 for £875,000. Since then, the value has decreased by £172,983, representing a 19.8% decrease, or approximately 4.8% per year.

The current estimated value of £702,017 is:

  • 70.1% lower than the average property price on Palace Gardens Terrace
  • 86.4% lower than the average in the W8 4RU postcode area
  • and 19.8% lower than the average price for London as a whole

At the most recent EPC inspection on 3 September 2020, the property was recorded as owner-occupied.

View sold house prices in W8 4RU

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£702,017
Price Per sq ft (estimate)
£1,449
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 55A Palace Gardens Terrace, London, Kensington And Chelsea, Greater London Authority, W8 4RU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Sep 2020.

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 single glazed.

The previous EPC assessment was conducted on 21 Oct 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.6%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 4RU

12 th / 12
Price Rank
86% lower than average
5 th / 5
Size Rank
81% smaller than average
3 rd / 5
Price Per Sq FT Rank
28% lower than average

Compared to other properties in W8 4RU , this flat's estimated value ranks 12th out of 12. Based on price per square foot, it ranks 3rd out of 5 properties. In terms of size, this home ranks 5th out of 5 properties in its postcode area.

Sale History

Today
£702,017
streetscan.co.uk estimate
-20 %
22 Oct 2021
£875,000
Leasehold
+191.7 %
13 Oct 2000
£300,000
Leasehold
+17.6 %
1 May 1998
£255,000
Leasehold
+54.5 %
3 Sep 1997
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £850,000
sale date: 4 Dec 2024
rooms: 2
size: 452 sq ft
sale price: £800,000
sale date: 26 Apr 2023
rooms: 1
size: 527 sq ft
sale price: £740,000
sale date: 31 Mar 2023
rooms: 2
size: 538 sq ft
sale price: £840,000
sale date: 1 Apr 2022
rooms: 1
size: 420 sq ft
sale price: £635,000
sale date: 22 Oct 2021

Data Sources

The property at Flat 2, 55A Palace Gardens Terrace, London, W8 4RU appears four times in the Land Registry records, with the latest transaction recorded on 22 Oct 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Sep 2020. 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.