Palace Gate - W8 5LS
Key Postcode Insights
W8 5LS is a residential postcode situated on Palace Gate, London, W8 with 78 addresses.
It ranks as the 564th largest and 285th most expensive of the 572 postcodes in the W8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 78 properties: 1 house and 77 flats.
- Ave. Sale Price
- £1,993,353
- 10 Year change
- down 15.4%
- Ave. Rental Price
- £7,047pcm
- 10 Year change
- up 39.9%
- Ave. £ per ft²
- £1,484/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
W8 5LS is a residential postcode situated on Palace Gate, London, W8 with 78 addresses.
It ranks as the 564th largest and 285th most expensive of the 572 postcodes in the W8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 78 properties: 1 house and 77 flats.
- Ave. Sale Price
- £1,993,353
- 10 Year change
- down 15.4%
- Ave. Rental Price
- £7,047pcm
- 10 Year change
- up 39.9%
- Ave. £ per ft²
- £1,484/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin W8 5LS
- 1 Palace Gate
Period Building | 7 Units
- 3 Palace Gate
Period Building | 5 Units
- 5 Palace Gate
Building  |  4 Flats
- 7 Palace Gate
Building  |  4 Flats
- 7-9 Palace Gate
Unknown
Sales Market Trends
The last sale in W8 5LS sold for £445,000 on 27th February 2026. Since then prices are up an average of 0.2%.
The current average value in the postcode is £1,993,353.
The W8 5LS Sales Market has decreased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £1,993,353 |
| June 2025 | -3.8% | £2,028,672 |
| June 2024 | -2.2% | £2,108,363 |
| June 2023 | -2.5% | £2,156,534 |
| June 2022 | 4.2% | £2,211,343 |
| June 2021 | 0.4% | £2,121,684 |
| June 2020 | 1.6% | £2,113,907 |
| June 2019 | -1.4% | £2,080,846 |
| June 2018 | -4.5% | £2,110,261 |
| June 2017 | -6.2% | £2,208,647 |
| June 2016 | -2.3% | £2,355,363 |
| June 2015 | -0.2% | £2,411,056 |
| June 2014 | 14.4% | £2,415,917 |
| June 2013 | 6.7% | £2,111,469 |
| June 2012 | 14.3% | £1,978,245 |
| June 2011 | 10.5% | £1,731,024 |
| June 2010 | 16.2% | £1,565,981 |
| June 2009 | -5.8% | £1,348,167 |
| June 2008 | 9.5% | £1,431,762 |
| June 2007 | 0% | £1,308,091 |
Rental Market Trends
The current average rental value in the postcode is £7,047.
The W8 5LS Rental Market has increased by 39.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £7,047pcm |
| June 2025 | 4% | £6,692pcm |
| June 2024 | -0.1% | £6,434pcm |
| June 2023 | 14.6% | £6,440pcm |
| June 2022 | 23.5% | £5,618pcm |
| June 2021 | -4.6% | £4,550pcm |
| June 2020 | -5% | £4,768pcm |
| June 2019 | 3.2% | £5,020pcm |
| June 2018 | 0.3% | £4,867pcm |
| June 2017 | -3.7% | £4,851pcm |
| June 2016 | -2.8% | £5,037pcm |
| June 2015 | 1.7% | £5,184pcm |
| June 2014 | 0.2% | £5,098pcm |
| June 2013 | -0.2% | £5,090pcm |
| June 2012 | 1.2% | £5,102pcm |
| June 2011 | 10.7% | £5,041pcm |
| June 2010 | 13.1% | £4,552pcm |
| June 2009 | -11.7% | £4,024pcm |
| June 2008 | 6.7% | £4,555pcm |
| June 2007 | 0% | £4,268pcm |
Sales History
The last sale was on 27th February 2026 for £445,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 139 sales since 1995.
W8 5LS has seen 10 sales in the last three years and 5 sales in the last twelve months.
- Sold Feb 2026£445,000 | 1 Bed FlatFlat 1, 19, Palace Gate, London, W8 5LSFlat 1, 19, Palace Gate, London, W8 5LS
- Sold Dec 2025£500,000 | 1 Bed FlatFlat 8, 19, Palace Gate, London, W8 5LSFlat 8, 19, Palace Gate, London, W8 5LS
- Sold Oct 2025£495,000 | 2 Bed FlatFlat 7, 19, Palace Gate, London, W8 5LSFlat 7, 19, Palace Gate, London, W8 5LS
- Sold Sep 2025£860,000 | 2 Bed FlatFlat 2, 19, Palace Gate, London, W8 5LSFlat 2, 19, Palace Gate, London, W8 5LS
- Sold Jul 2025£1,150,000 | 2 Bed FlatFlat 3, 19, Palace Gate, London, W8 5LSFlat 3, 19, Palace Gate, London, W8 5LS
Nearby Postcodes
W8 5LS is the 564th largest and the 285th most expensive postcode out of the 572 postcodes in the W8 area.
- W8 5AP, De Vere Gardens, London, W8W8 5AP25 Addresses|21 m away
- W8 5AN, De Vere Gardens, London, W8W8 5AN40 Addresses|28 m away
- W8 5AR, De Vere Gardens, London, W8W8 5AR36 Addresses|36 m away
- W8 5AE, De Vere Gardens, London, W8W8 5AE13 Addresses|67 m away
- W8 5LY, Palace Gate, London, W8W8 5LY16 Addresses|67 m away
Property Types
- 77 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (77)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 65 properties.
- The most common rating is C.
- A (0)
- E (11)
- B (1)
- F (1)
- C (26)
- G (1)
- D (25)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Sep 2013£11,000,000 | 4 Bed FlatFlat 1, 6, Palace Gate, London, W8 5NFFlat 1, 6, Palace Gate, London, W8 5NF
- Sold Apr 2017£6,500,000 | 4 Bed FlatFlat 3, 8, Palace Gate, London, W8 5NFFlat 3, 8, Palace Gate, London, W8 5NF
- Sold Nov 2018£6,300,000 | 4 Bed FlatFlat 4, 29, Palace Gate, London, W8 5LYFlat 4, 29, Palace Gate, London, W8 5LY
Schools Nearby
- St Mary Abbots CofE Primary School600 m away
- Our Lady of Victories RC Primary School900 m away
- St Barnabas and St Philip's CofE Primary School1.0 km away
- Holland Park School1.2 km away
- St. Thomas More Language College1.8 km away
- The Cardinal Vaughan Memorial RC School1.9 km away
More reading links
Public Transport Nearby
The closest station to W8 5LS is High Street Kensington station, which is 600 metres away.
- High Street Kensington|600 m away
- Gloucester Road|700 m away
- South Kensington|1.0 km away
- Earl's Court|1.1 km away
