Flat 3, 8 Palace Gate, London, W8 5NF is a leasehold flat built before 1900. The property offers approximately 2,713 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £5,560,019 , which equates to approximately £2,050 per square foot. It was last sold on 3 Apr 2017 for £6,500,000. Since then, the value has decreased by £939,981, representing a 14.5% decrease, or approximately 1.7% per year.

The current estimated value of £5,560,019 is:

  • 120.4% higher than the average property price on Palace Gate
  • 176.1% higher than the average in the W8 5NF postcode area
  • and 535.2% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 21 August 2023, the property was recorded as rented.

View sold house prices in W8 5NF

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
2713 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£5,560,019
Price Per sq ft (estimate)
£2,050
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 3, 8 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5NF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Aug 2023.

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 18 Jul 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 62% 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
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 5NF

3 rd / 31
Price Rank
176% higher than average
1 st / 18
Size Rank
113% bigger than average
2 nd / 18
Price Per Sq FT Rank
30% higher than average

Compared to other properties in W8 5NF , this flat's estimated value ranks 3rd out of 31. Based on price per square foot, it ranks 2nd out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 1st out of 18 properties in its postcode area.

Sale History

Today
£5,560,019
streetscan.co.uk estimate
-14 %
3 Apr 2017
£6,500,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 2583 sq ft
sale price: £6,150,000
sale date: 29 Apr 2022
rooms: 8
size: 2852 sq ft
sale price: £6,300,000
sale date: 16 Nov 2018
rooms: 6
size: 2594 sq ft
sale price: £4,940,000
sale date: 5 Mar 2013
rooms: 7
size: 2490 sq ft
sale price: £3,950,000
sale date: 16 Sep 2011
rooms: 8
size: 2368 sq ft
sale price: £600,000
sale date: 26 Feb 1999

Data Sources

The property at Flat 3, 8 Palace Gate, London, Kensington And Chelsea, Greater London, W8 5NF appears once in the Land Registry records, with the transaction recorded on 3 Apr 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Aug 2023. 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.