29, Palace Gate - W8 5LY
Key Building Insights
29, Palace Gate is a residential building situated on Palace Gate, London, W8 with 16 addresses.
It ranks as the 961st largest and 959th most expensive of the 1,070 buildings in the W8 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 16 properties: 16 flats.
- Ave. Sale Price
- £3,343,508
- 10 Year change
- down 13.6%
- Ave. Rental Price
- £10,790pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £1,842/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Building Insights
29, Palace Gate is a residential building situated on Palace Gate, London, W8 with 16 addresses.
It ranks as the 961st largest and 959th most expensive of the 1,070 buildings in the W8 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 16 properties: 16 flats.
- Ave. Sale Price
- £3,343,508
- 10 Year change
- down 13.6%
- Ave. Rental Price
- £10,790pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £1,842/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertieson Palace Gate, London, W8
- Flat 1, 29 Palace Gate
4 Bed Period Flat
- Flat 2, 29 Palace Gate
4 Bed Period Flat
- Flat 3, 29 Palace Gate
Unknown
- Flat 4, 29 Palace Gate
4 Bed Period Flat
- Flat 5, 29 Palace Gate
4 Bed Period Flat
Sales Market Trends
The last sale in 29, Palace Gate sold for £3,665,000 on 18th August 2023. Since then prices are down an average of 7.6%.
The current average value in the building is £3,343,508.
The 29, Palace Gate Sales Market has decreased by 13.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £3,343,508 |
| June 2025 | -3.9% | £3,361,133 |
| June 2024 | -2.6% | £3,495,901 |
| June 2023 | -2% | £3,590,345 |
| June 2022 | 4.1% | £3,662,409 |
| June 2021 | 1.2% | £3,519,611 |
| June 2020 | 1.5% | £3,479,186 |
| June 2019 | -1.8% | £3,427,236 |
| June 2018 | -3.8% | £3,489,234 |
| June 2017 | -6.3% | £3,627,020 |
| June 2016 | -2.1% | £3,871,893 |
| June 2015 | -0.7% | £3,955,134 |
| June 2014 | 13.1% | £3,981,392 |
| June 2013 | 7.5% | £3,521,588 |
| June 2012 | 15.2% | £3,277,298 |
| June 2011 | 11.6% | £2,845,522 |
| June 2010 | 16.5% | £2,550,294 |
| June 2009 | -7% | £2,189,208 |
| June 2008 | 11.9% | £2,352,753 |
| June 2007 | 0% | £2,102,054 |
Rental Market Trends
The current average rental value in the building is £10,790.
The 29, Palace Gate Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.6% | £10,790pcm |
| June 2025 | 3.9% | £10,122pcm |
| June 2024 | -0.5% | £9,739pcm |
| June 2023 | 15.2% | £9,788pcm |
| June 2022 | 23.3% | £8,493pcm |
| June 2021 | -3.8% | £6,891pcm |
| June 2020 | -5.1% | £7,164pcm |
| June 2019 | 2.8% | £7,548pcm |
| June 2018 | 1% | £7,346pcm |
| June 2017 | -3.8% | £7,272pcm |
| June 2016 | -2.6% | £7,559pcm |
| June 2015 | 1.2% | £7,762pcm |
| June 2014 | -1% | £7,670pcm |
| June 2013 | 0.4% | £7,749pcm |
| June 2012 | 2% | £7,716pcm |
| June 2011 | 11.8% | £7,565pcm |
| June 2010 | 13.4% | £6,767pcm |
| June 2009 | -12.7% | £5,965pcm |
| June 2008 | 9.1% | £6,833pcm |
| June 2007 | 0% | £6,260pcm |
Sales History
The last sale was on 18th August 2023 for £3,665,000 and since then the market in the area has decreased by 7.6%. The building has had a total of 28 sales since 1995.
29, Palace Gate, London, W8 5LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£3,665,000 | 4 Bed FlatFlat 1, 29, Palace Gate, London, W8 5LYFlat 1, 29, Palace Gate, London, W8 5LY
- Sold Apr 2022£6,150,000 | 4 Bed FlatFlat 11, 29, Palace Gate, London, W8 5LYFlat 11, 29, Palace Gate, London, W8 5LY
- Sold Sep 2021£1,575,000 | 3 Bed FlatFlat A, 29, Palace Gate, London, W8 5LYFlat A, 29, Palace Gate, London, W8 5LY
- Sold Jan 2021£864,000 | 3 Bed FlatFlat B, 29, Palace Gate, London, W8 5LYFlat B, 29, Palace Gate, London, W8 5LY
- Sold Mar 2020£6,000,000 | 4 Bed FlatFlat 9, 29, Palace Gate, London, W8 5LYFlat 9, 29, Palace Gate, London, W8 5LY
Property Types
- 10 period flats built between 1800 and 1911
- 6 other addresses of unknown type
- period flat (10)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (6)
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 College1.7 km away
- The Cardinal Vaughan Memorial RC School1.9 km away
More reading links
Public Transport Nearby
The closest station to 29, Palace Gate, London, W8 5LY 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