Flat 4, 8 Palace Gate, London, W8 5NF is a leasehold flat built before 1900. The property offers approximately 1,787 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £3,079,395 , which equates to approximately £1,723 per square foot. It was last sold on 3 Apr 2017 for £3,600,000. Since then, the value has decreased by £520,605, representing a 14.5% decrease, or approximately 1.7% per year.

The current estimated value of £3,079,395 is:

  • 22.1% higher than the average property price on Palace Gate
  • 52.9% higher than the average in the W8 5NF postcode area
  • and 251.8% 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 31 July 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
1787 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£3,079,395
Price Per sq ft (estimate)
£1,723
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 4, 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 31 Jul 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 the main heating system, though the cylinder has no thermostat. The windows are single glazed.

The previous EPC assessment was conducted on 18 Jul 2013. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining solid brick, with internal insulation.
  • The lighting was updated from low energy lighting in 21% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Walls
Solid brick, with internal insulation
Very Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 5NF

6 th / 31
Price Rank
53% higher than average
4 th / 18
Size Rank
40% bigger than average
8 th / 18
Price Per Sq FT Rank
9% higher than average

Compared to other properties in W8 5NF , this flat's estimated value ranks 6th out of 31. Based on price per square foot, it ranks 8th out of 18 properties. In terms of size, this home ranks 4th out of 18 properties in its postcode area.

Sale History

Today
£3,079,395
streetscan.co.uk estimate
-14 %
3 Apr 2017
£3,600,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1690 sq ft
sale price: £3,500,000
sale date: 3 Apr 2017
rooms: 4
size: 1636 sq ft
sale price: £4,090,000
sale date: 26 Jun 2017
rooms: 4
size: 1733 sq ft
sale price: £717,500
sale date: 10 Dec 2010
rooms: 5
size: 1668 sq ft
sale price: £480,000
sale date: 29 May 1997

Data Sources

The property at Flat 4, 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 31 Jul 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.