Flat A, 29 Palace Gate, London, W8 5LY is a leasehold flat built before 1900. The property offers approximately 1,335 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 £1,272,656 , which equates to approximately £953 per square foot. It was last sold on 17 Sep 2021 for £1,575,000. Since then, the value has decreased by £302,344, representing a 19.2% decrease, or approximately 4.5% per year.

The current estimated value of £1,272,656 is:

  • 49.5% lower than the average property price on Palace Gate
  • 63.0% lower than the average in the W8 5LY postcode area
  • and 45.4% higher than the average price for London as a whole

View sold house prices in W8 5LY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1335 sq ft
Tenure
Leasehold
Price (estimate)
£1,272,656
Price Per sq ft (estimate)
£953
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat A, 29 Palace Gate, London, Kensington And Chelsea, Greater London Authority, W8 5LY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 May 2016.

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 have some double glazing.

The previous EPC assessment was conducted on 21 Jul 2010. The rating of D is unchanged, though the energy efficiency score decreased by 1.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor 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
Some double glazing
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W8 5LY

8 th / 10
Price Rank
63% lower than average
7 th / 8
Size Rank
42% smaller than average
6 th / 8
Price Per Sq FT Rank
36% lower than average

Compared to other properties in W8 5LY , this flat's estimated value ranks 8th out of 10. Based on price per square foot, it ranks 6th out of 8 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 7th out of 8 properties in its postcode area.

Sale History

Today
£1,272,656
streetscan.co.uk estimate
-19 %
17 Sep 2021
£1,575,000
Leasehold
-5.7 %
3 Aug 2017
£1,670,000
Leasehold
+21.9 %
3 Jul 2015
£1,370,000
Leasehold
+67.5 %
5 Sep 2008
£818,000
Leasehold
+37.5 %
13 Mar 2007
£595,000
Leasehold
+30.8 %
30 Mar 2000
£455,000
Leasehold
+54.2 %
28 Nov 1997
£295,000
Leasehold
+90.3 %
23 May 1997
£155,000
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 4, 13 Palace Gate, London, W8 5LS
rooms: 3
size: 1335 sq ft
sale price: £2,500,000
sale date: 16 Nov 2022
Flat 2, 10 Palace Gate, London, W8 5NF
rooms: 3
size: 1163 sq ft
sale price: £1,050,000
sale date: 20 Sep 2021
Flat 3, 15 Palace Gate, London, W8 5LS
rooms: 4
size: 1265 sq ft
sale price: £1,850,000
sale date: 8 Feb 2019
Flat 5, 17 Palace Gate, London, W8 5LS
rooms: 4
size: 1195 sq ft
sale price: £1,800,000
sale date: 19 May 2017

Data Sources

The property at Flat A, 29 Palace Gate, London, W8 5LY appears eight times in the Land Registry records, with the latest transaction recorded on 17 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 May 2016. 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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