Palace Court - W2 4LS
Key Postcode Insights
W2 4LS is a residential postcode situated on Palace Court, London, W2 with 44 addresses.
It ranks as the 709th largest and 663rd most expensive of the 956 postcodes in the W2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 44 properties: 1 house and 43 flats.
- Ave. Sale Price
- £1,430,094
- 10 Year change
- down 10.1%
- Ave. Rental Price
- £4,785pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £1,661/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
W2 4LS is a residential postcode situated on Palace Court, London, W2 with 44 addresses.
It ranks as the 709th largest and 663rd most expensive of the 956 postcodes in the W2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 44 properties: 1 house and 43 flats.
- Ave. Sale Price
- £1,430,094
- 10 Year change
- down 10.1%
- Ave. Rental Price
- £4,785pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £1,661/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin W2 4LS
- 33 Palace Court
Period Building | 5 Units
- 35 Palace Court
Period Building | 6 Units
- 37 Palace Court
Period Building | 7 Units
- 39 Palace Court
Period Building | 6 Units
- 41 Palace Court
Building  |  4 Flats
Sales Market Trends
The last sale in W2 4LS sold for £1,250,000 on 6th October 2023. Since then prices are down an average of 5.2%.
The current average value in the postcode is £1,430,094.
The W2 4LS Sales Market has decreased by 10.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £1,430,094 |
| June 2025 | -1.1% | £1,465,559 |
| June 2024 | -2.3% | £1,481,587 |
| June 2023 | -1.9% | £1,516,858 |
| June 2022 | 2.6% | £1,546,140 |
| June 2021 | 0.7% | £1,506,926 |
| June 2020 | 1% | £1,497,000 |
| June 2019 | -1.4% | £1,482,275 |
| June 2018 | -3.8% | £1,502,949 |
| June 2017 | -1.8% | £1,561,979 |
| June 2016 | -5.2% | £1,590,058 |
| June 2015 | 1.4% | £1,677,468 |
| June 2014 | 15.3% | £1,653,822 |
| June 2013 | 6.6% | £1,434,156 |
| June 2012 | 11.9% | £1,345,765 |
| June 2011 | 9.1% | £1,202,431 |
| June 2010 | 17.4% | £1,102,056 |
| June 2009 | -8.1% | £938,862 |
| June 2008 | 8.1% | £1,021,397 |
| June 2007 | 0% | £944,691 |
Rental Market Trends
The current average rental value in the postcode is £4,785.
The W2 4LS Rental Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.2% | £4,785pcm |
| June 2025 | 5.7% | £4,506pcm |
| June 2024 | -0.8% | £4,261pcm |
| June 2023 | 12% | £4,296pcm |
| June 2022 | 23.5% | £3,837pcm |
| June 2021 | -6.8% | £3,106pcm |
| June 2020 | -1.8% | £3,332pcm |
| June 2019 | 2.5% | £3,393pcm |
| June 2018 | 0.7% | £3,309pcm |
| June 2017 | -1.3% | £3,286pcm |
| June 2016 | -3.2% | £3,329pcm |
| June 2015 | 0% | £3,439pcm |
| June 2014 | 0.6% | £3,438pcm |
| June 2013 | -4.1% | £3,416pcm |
| June 2012 | 2.3% | £3,562pcm |
| June 2011 | 11.4% | £3,483pcm |
| June 2010 | 12.6% | £3,128pcm |
| June 2009 | -10.4% | £2,778pcm |
| June 2008 | 7.9% | £3,101pcm |
| June 2007 | 0% | £2,873pcm |
Sales History
The last sale was on 6th October 2023 for £1,250,000 and since then the market in the area has decreased by 5.2%. The postcode has had a total of 21 sales since 1995.
W2 4LS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2023£1,250,000 | 3 Bed FlatFlat 4, 37, Palace Court, London, W2 4LSFlat 4, 37, Palace Court, London, W2 4LS
- Sold Feb 2022£1,175,000 | 2 Bed FlatFlat 3, 35, Palace Court, London, W2 4LSFlat 3, 35, Palace Court, London, W2 4LS
- Sold Jul 2021£6,373,000 | 6 Bed House47, Palace Court, London, W2 4LS47, Palace Court, London, W2 4LS
- Sold Jul 2021£5,500,000 | 6 Bed House47, Palace Court, London, W2 4LS47, Palace Court, London, W2 4LS
- Sold Mar 2021£1,100,000 | 2 Bed FlatFlat 3, 37, Palace Court, London, W2 4LSFlat 3, 37, Palace Court, London, W2 4LS
Nearby Postcodes
W2 4LS is the 709th largest and the 663rd most expensive postcode out of the 956 postcodes in the W2 area.
- W2 4LY, Ossington Street, London, W2W2 4LY57 Addresses|25 m away
- W2 4HZ, Palace Court, London, W2W2 4HZ23 Addresses|46 m away
- W2 4LU, Ossington Close, London, W2W2 4LU3 Addresses|55 m away
- W2 4EL, Moscow Road, London, W2W2 4EL17 Addresses|60 m away
- W2 4JN, Clanricarde Gardens, London, W2W2 4JN68 Addresses|62 m away
Property Types
- 1 period house built between 1800 and 1911
- 43 period flats built between 1800 and 1911
- period house (1)
- period flat (43)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (10)
- G (0)
- D (9)
- No EPC (24)
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
- Hallfield Primary School500 m away
- Fox Primary School600 m away
- St. Mary of the Angels Catholic Primary School800 m away
- Holland Park School900 m away
- Westminster Academy1.0 km away
- Marylebone Boys' School1.4 km away
More reading links
Public Transport Nearby
The closest station to W2 4LS is Bayswater station, which is 300 metres away.
- Bayswater|300 m away
- Queensway|400 m away
- Notting Hill Gate|400 m away
- Royal Oak|900 m away
