Flat 5, 47 Palace Gardens Terrace, London, W8 4SB is a leasehold flat built between 1983-1990. The property offers approximately 635 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £877,985 , which equates to approximately £1,382 per square foot. It was last sold on 24 Mar 1998 for £195,000. Since then, the value has increased by £682,985, representing a 350.2% increase, or approximately 12.6% per year.

The current estimated value of £877,985 is:

  • 62.6% lower than the average property price on Palace Gardens Terrace
  • 44.7% lower than the average in the W8 4SB postcode area
  • and 0.3% 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 14 December 2022, the property was recorded as owner-occupied.

View sold house prices in W8 4SB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£877,985
Price Per sq ft (estimate)
£1,382
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 47 Palace Gardens Terrace, London, Kensington And Chelsea, Greater London, W8 4SB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Dec 2022.

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 22 Oct 2020, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 22.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation to flat, insulated (assumed), improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
Average
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 4SB

30 th / 34
Price Rank
45% lower than average
10 th / 14
Size Rank
35% smaller than average
13 th / 14
Price Per Sq FT Rank
14% lower than average

Compared to other properties in W8 4SB , this flat's estimated value ranks 30th out of 34. Based on price per square foot, it ranks 13th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 14 properties in its postcode area.

Sale History

Today
£877,985
streetscan.co.uk estimate
+350 %
24 Mar 1998
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 635 sq ft
sale price: £1,260,000
sale date: 18 Sep 2024
rooms: 2
size: 603 sq ft
sale price: £900,000
sale date: 5 Jan 2024
rooms: 2
size: 570 sq ft
sale price: £920,000
sale date: 21 Jul 2017
rooms: 2
size: 549 sq ft
sale price: £1,100,000
sale date: 31 Mar 2016
rooms: 2
size: 581 sq ft
sale price: £635,000
sale date: 9 May 2007

Data Sources

The property at Flat 5, 47 Palace Gardens Terrace, London, Kensington And Chelsea, Greater London, W8 4SB appears once in the Land Registry records, with the transaction recorded on 24 Mar 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Dec 2022. 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.