Palace Court - W2 4LP
Key Postcode Insights
W2 4LP is a residential postcode situated on Palace Court, London, W2 with 104 addresses.
It ranks as the 936th largest and 652nd most expensive of the 956 postcodes in the W2 area.
The postcode contains a total of 104 properties: 2 houses and 102 flats.
- Ave. Sale Price
- £1,228,283
- 10 Year change
- down 8.3%
- Ave. Rental Price
- £4,582pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £1,189/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
W2 4LP is a residential postcode situated on Palace Court, London, W2 with 104 addresses.
It ranks as the 936th largest and 652nd most expensive of the 956 postcodes in the W2 area.
The postcode contains a total of 104 properties: 2 houses and 102 flats.
- Ave. Sale Price
- £1,228,283
- 10 Year change
- down 8.3%
- Ave. Rental Price
- £4,582pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £1,189/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin W2 4LP
- 1 Palace Court
7 Units
- 5 Palace Court
6 Units
- 7 Palace Court
7 Units
- 9 Palace Court
5 Units
- 13 Palace Court
8 Units
Sales Market Trends
The last sale in W2 4LP sold for £1,020,000 on 30th April 2026. Since then prices are down an average of 0.7%.
The current average value in the postcode is £1,228,283.
The W2 4LP Sales Market has decreased by 8.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £1,228,283 |
| June 2025 | -1.1% | £1,250,859 |
| June 2024 | -1.5% | £1,264,268 |
| June 2023 | -1.4% | £1,283,740 |
| June 2022 | 2.9% | £1,302,510 |
| June 2021 | 0% | £1,266,104 |
| June 2020 | 1.2% | £1,266,059 |
| June 2019 | -1.2% | £1,250,879 |
| June 2018 | -3.9% | £1,266,494 |
| June 2017 | -1.6% | £1,318,117 |
| June 2016 | -4.2% | £1,339,688 |
| June 2015 | 1.5% | £1,398,730 |
| June 2014 | 15.3% | £1,377,878 |
| June 2013 | 7.5% | £1,194,704 |
| June 2012 | 11.7% | £1,111,064 |
| June 2011 | 9.2% | £994,484 |
| June 2010 | 17.4% | £911,033 |
| June 2009 | -8.6% | £776,245 |
| June 2008 | 7.5% | £849,594 |
| June 2007 | 0% | £790,204 |
Rental Market Trends
The current average rental value in the postcode is £4,582.
The W2 4LP Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.9% | £4,582pcm |
| June 2025 | 5.8% | £4,287pcm |
| June 2024 | 0% | £4,054pcm |
| June 2023 | 12.5% | £4,053pcm |
| June 2022 | 23.9% | £3,604pcm |
| June 2021 | -7.4% | £2,910pcm |
| June 2020 | -1.6% | £3,142pcm |
| June 2019 | 2.7% | £3,192pcm |
| June 2018 | 0.6% | £3,109pcm |
| June 2017 | -1.1% | £3,091pcm |
| June 2016 | -2.2% | £3,127pcm |
| June 2015 | 0.1% | £3,197pcm |
| June 2014 | 0.7% | £3,194pcm |
| June 2013 | -3.2% | £3,173pcm |
| June 2012 | 2.1% | £3,278pcm |
| June 2011 | 11.4% | £3,212pcm |
| June 2010 | 12.6% | £2,883pcm |
| June 2009 | -10.9% | £2,561pcm |
| June 2008 | 7.3% | £2,876pcm |
| June 2007 | 0% | £2,679pcm |
Sales History
The last sale was on 30th April 2026 for £1,020,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 90 sales since 1995.
W2 4LP has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£1,020,000 | 3 Bed FlatFlat 2, 23, Palace Court, London, W2 4LPFlat 2, 23, Palace Court, London, W2 4LP
- Sold Jul 2025£3,100,000 | 4 Bed FlatFlat 6, 23, Palace Court, London, W2 4LPFlat 6, 23, Palace Court, London, W2 4LP
- Sold Nov 2024£1,095,000 | 3 Bed FlatFlat 3, 23, Palace Court, London, W2 4LPFlat 3, 23, Palace Court, London, W2 4LP
- Sold Dec 2023£1,505,000 | 3 Bed FlatFlat 2, 17, Palace Court, London, W2 4LPFlat 2, 17, Palace Court, London, W2 4LP
- Sold Dec 2022£1,875,000 | 3 Bed FlatFlat 6, 5, Palace Court, London, W2 4LPFlat 6, 5, Palace Court, London, W2 4LP
Nearby Postcodes
W2 4LP is the 936th largest and the 652nd most expensive postcode out of the 956 postcodes in the W2 area.
- W2 4LZ, Ossington Street, London, W2W2 4LZ20 Addresses|29 m away
- W2 4JA, Palace Court, London, W2W2 4JA27 Addresses|43 m away
- W2 4HU, Palace Court, London, W2W2 4HU81 Addresses|53 m away
- W2 4LN, Victoria Grove Mews, London, W2W2 4LN13 Addresses|60 m away
- W2 4JL, Clanricarde Gardens, London, W2W2 4JL46 Addresses|69 m away
Property Types
- 104 other addresses of unknown type
- Unknown (104)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 55 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (10)
- F (0)
- C (31)
- G (0)
- D (10)
- No EPC (49)
Top 3 Most Expensive Sales
- Sold Mar 2015£24,500,000 | 6 Bed House6, Palace Court, London, W2 4HR6, Palace Court, London, W2 4HR
- Sold Feb 2025£16,830,000 | 2 Bed House34, Palace Court, London, W2 4HZ34, Palace Court, London, W2 4HZ
- Sold Jan 2021£9,700,000 | 4 Bed FlatFlat 301, 20, Palace Court, London, W2 4HUFlat 301, 20, Palace Court, London, W2 4HU
Schools Nearby
- Fox Primary School500 m away
- Hallfield Primary School600 m away
- Colville Primary School900 m away
- Holland Park School900 m away
- Westminster Academy1.2 km away
- Marylebone Boys' School1.4 km away
More reading links
Public Transport Nearby
The closest station to W2 4LP is Queensway station, which is 300 metres away.
- Queensway|300 m away
- Notting Hill Gate|400 m away
- Bayswater|400 m away
- Royal Oak|1.0 km away
