Flat 5, 1 Palace Gate, London, W8 5LS is a leasehold flat built before 1900. The property offers approximately 1,378 square feet of living space. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £2,011,111 , which equates to approximately £1,460 per square foot. It was last sold on 9 Sep 2022 for £2,500,000. Since then, the value has decreased by £488,889, representing a 19.6% decrease, or approximately 6.0% per year.

The current estimated value of £2,011,111 is:

  • 20.3% lower than the average property price on Palace Gate
  • 29.6% lower than the average in the W8 5LS postcode area
  • and 129.8% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 November 2018, the property was recorded as owner-occupied.

View sold house prices in W8 5LS

Building approximate location

About Property

Type
Semi-Detached Maisonette
Built
before 1900
Interior Size
1378 sq ft
Tenure
Leasehold
Price (estimate)
£2,011,111
Price Per sq ft (estimate)
£1,460
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 5, 1 Palace Gate, London, Kensington And Chelsea, Greater London Authority, W8 5LS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Nov 2018.

This property is heated by an air source heat pump with warm air heating. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 29 Jan 2014. The rating of D is unchanged, though the energy efficiency score decreased by 16.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining solid brick, with internal insulation.
  • The windows were upgraded from fully double glazed to single glazed.
  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Air source heat pump, warm air, electric
Average
Hot Water
Electric immersion, off-peak
Poor
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 5LS

40 th / 74
Price Rank
30% lower than average
13 th / 35
Size Rank
27% smaller than average
23 rd / 35
Price Per Sq FT Rank
3% lower than average

Compared to other properties in W8 5LS , this maisonette's estimated value ranks 40th out of 74. Based on price per square foot, it ranks 23th out of 35 properties. In terms of size, this home ranks 13th out of 35 properties in its postcode area.

Sale History

Today
£2,011,111
streetscan.co.uk estimate
-20 %
9 Sep 2022
£2,500,000
Leasehold
+47.1 %
6 Mar 2020
£1,700,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, 25 Palace Gate, London, W8 5LS
rooms: 5
size: 1518 sq ft
sale price: £2,300,000
sale date: 14 Dec 2023
Flat 2, 25 Palace Gate, London, W8 5LS
rooms: 5
size: 1346 sq ft
sale price: £216,250
sale date: 8 Mar 2000

Data Sources

The property at Flat 5, 1 Palace Gate, London, W8 5LS appears two times in the Land Registry records, with the latest transaction recorded on 9 Sep 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Nov 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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