Palace Gate - W8 5LZ
Key Postcode Insights
W8 5LZ is a residential postcode situated on Palace Gate, London, W8 with 17 addresses.
It ranks as the 278th largest and 236th most expensive of the 572 postcodes in the W8 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 17 flats.
- Ave. Sale Price
- £1,582,543
- 10 Year change
- down 16.9%
- Ave. Rental Price
- £5,911pcm
- 10 Year change
- up 37.4%
- Ave. £ per ft²
- £1,498/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
W8 5LZ is a residential postcode situated on Palace Gate, London, W8 with 17 addresses.
It ranks as the 278th largest and 236th most expensive of the 572 postcodes in the W8 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 17 flats.
- Ave. Sale Price
- £1,582,543
- 10 Year change
- down 16.9%
- Ave. Rental Price
- £5,911pcm
- 10 Year change
- up 37.4%
- Ave. £ per ft²
- £1,498/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin W8 5LZ
Sales Market Trends
The last sale in W8 5LZ sold for £1,775,000 on 2nd April 2026. Since then prices are up an average of 0.2%.
The current average value in the postcode is £1,582,543.
The W8 5LZ Sales Market has decreased by 16.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £1,582,543 |
| June 2025 | -4.4% | £1,613,357 |
| June 2024 | -3% | £1,688,301 |
| June 2023 | -2.2% | £1,739,772 |
| June 2022 | 3.6% | £1,779,213 |
| June 2021 | 0.8% | £1,716,829 |
| June 2020 | 0.8% | £1,702,657 |
| June 2019 | -1.6% | £1,688,735 |
| June 2018 | -3.7% | £1,715,521 |
| June 2017 | -6.4% | £1,781,050 |
| June 2016 | -2.2% | £1,903,588 |
| June 2015 | -1.2% | £1,946,021 |
| June 2014 | 14.2% | £1,969,651 |
| June 2013 | 7.2% | £1,724,641 |
| June 2012 | 15% | £1,608,623 |
| June 2011 | 10.8% | £1,398,630 |
| June 2010 | 16.7% | £1,262,626 |
| June 2009 | -6.2% | £1,081,913 |
| June 2008 | 10.6% | £1,153,935 |
| June 2007 | 0% | £1,043,156 |
Rental Market Trends
The current average rental value in the postcode is £5,911.
The W8 5LZ Rental Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £5,911pcm |
| June 2025 | 3.3% | £5,623pcm |
| June 2024 | -0.8% | £5,444pcm |
| June 2023 | 14.9% | £5,489pcm |
| June 2022 | 22.8% | £4,776pcm |
| June 2021 | -4.1% | £3,890pcm |
| June 2020 | -5.7% | £4,058pcm |
| June 2019 | 3% | £4,305pcm |
| June 2018 | 1.1% | £4,180pcm |
| June 2017 | -3.9% | £4,133pcm |
| June 2016 | -2.7% | £4,301pcm |
| June 2015 | 0.7% | £4,420pcm |
| June 2014 | 0% | £4,392pcm |
| June 2013 | 0.2% | £4,392pcm |
| June 2012 | 1.9% | £4,383pcm |
| June 2011 | 11% | £4,304pcm |
| June 2010 | 13.6% | £3,878pcm |
| June 2009 | -12% | £3,412pcm |
| June 2008 | 7.9% | £3,879pcm |
| June 2007 | 0% | £3,596pcm |
Sales History
The last sale was on 2nd April 2026 for £1,775,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 8 sales since 1995.
W8 5LZ has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£1,775,000 | 3 Bed FlatFlat 3, 31, Palace Gate, London, W8 5LZFlat 3, 31, Palace Gate, London, W8 5LZ
- Sold Jun 2018£1,940,000 | 3 Bed FlatFlat 2, 31, Palace Gate, London, W8 5LZFlat 2, 31, Palace Gate, London, W8 5LZ
- Sold Jun 2016£1,553,750 | 3 Bed FlatFlat 1, 31, Palace Gate, London, W8 5LZFlat 1, 31, Palace Gate, London, W8 5LZ
- Sold Aug 2001£495,000 | 3 Bed FlatFlat 1, 31, Palace Gate, London, W8 5LZFlat 1, 31, Palace Gate, London, W8 5LZ
- Sold Jun 2000£475,000 | 3 Bed FlatFlat 1, 31, Palace Gate, London, W8 5LZFlat 1, 31, Palace Gate, London, W8 5LZ
Nearby Postcodes
W8 5LZ is the 278th largest and the 236th most expensive postcode out of the 572 postcodes in the W8 area.
- W8 5AJ, Canning Place Mews, London, W8W8 5AJ13 Addresses|27 m away
- W8 5AL, De Vere Mews, London, W8W8 5AL18 Addresses|34 m away
- W8 5AD, Canning Place, London, W8W8 5AD15 Addresses|51 m away
- W8 5NF, Palace Gate, London, W8W8 5NF41 Addresses|52 m away
- W8 5RU, Albert Mews, London, W8W8 5RU12 Addresses|61 m away
Property Types
- 6 period flats built between 1800 and 1911
- 11 modern flats built after 1980
- period flat (6)
- modern flat (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (9)
- G (0)
- D (3)
- No EPC (4)
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 School800 m away
- St Barnabas and St Philip's CofE Primary School1.0 km away
- Holland Park School1.3 km away
- St. Thomas More Language College1.7 km away
- The Cardinal Vaughan Memorial RC School2.0 km away
More reading links
Public Transport Nearby
The closest station to W8 5LZ is Gloucester Road station, which is 600 metres away.
- Gloucester Road|600 m away
- High Street Kensington|600 m away
- South Kensington|900 m away
- Earl's Court|1.0 km away