Flat 3, 1 Palace Court, London, W2 4LP is a leasehold flat The property offers approximately 915 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £1,359,968 , which equates to approximately £1,486 per square foot. It was last sold on 25 Mar 2018 for £1,650,000. Since then, the value has decreased by £290,032, representing a 17.6% decrease, or approximately 2.3% per year.

The current estimated value of £1,359,968 is:

  • 25.9% lower than the average property price on Palace Court
  • 30.0% lower than the average in the W2 4LP postcode area
  • and 55.4% higher than the average price for London as a whole

At the most recent EPC inspection on 17 October 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
915 sq ft
Tenure
Leasehold
Price (estimate)
£1,359,968
Price Per sq ft (estimate)
£1,486
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 3, 1 Palace Court, London, City Of Westminster, Greater London Authority, W2 4LP has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 17 Oct 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 fully double glazed.

The previous EPC assessment was conducted on 2 Jun 2009, when the property was rated F. Since then, the rating has improved to B, with the energy efficiency score increasing by 148.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from very poor 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, as built, no insulation (assumed) to average thermal transmittance 0.30 w/m-¦k, improving energy efficiency from very poor to good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Average thermal transmittance 0.30 W/m-¦K
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 4LP

37 th / 55
Price Rank
30% lower than average
23 rd / 39
Size Rank
30% smaller than average
19 th / 39
Price Per Sq FT Rank
0% same as average

Compared to other properties in W2 4LP , this flat's estimated value ranks 37th out of 55. Based on price per square foot, it ranks 19th out of 39 properties. In terms of size, this home ranks 23th out of 39 properties in its postcode area.

Sale History

Today
£1,359,968
streetscan.co.uk estimate
-18 %
25 Mar 2018
£1,650,000
Leasehold

Area Insights

Similar Properties Sold Nearby

7A Palace Court, London, W2 4LP
rooms: 3
size: 1012 sq ft
sale price: £755,000
sale date: 30 Jun 2021
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 3, 1 Palace Court, London, City Of Westminster, Greater London Authority, W2 4LP appears once in the Land Registry records, with the transaction recorded on 25 Mar 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Oct 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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