Flat 1, 21-23
Flat 1, 21-23
Description & Estimates
According to the public record, Flat 1, 21-23, Palace Gate is a period leasehold apartment with 1,269 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 21-23, Palace Gate is £1,883,380 and the estimated rental value is £6,905 per month.
The apartment is within 21-23, Palace Gate, London, W8.
Palace Gate, London, W8 is located in the borough of Kensington and Chelsea within the W8 postal district.
Our Data Sources
Flat 1, 21-23, Palace Gate has 21 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated October 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1, 21-23, Palace Gate is in very good condition we estimate a sale value of £1,977,549 and a rental value of £7,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,751,543 and a rental value of £6,421 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 21-23, Palace Gate has declined by £22,967 (1.2%), while its estimated rental value has climbed by £341 per month (4.9%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Energy Efficiency
Flat 1, 21-23, Palace Gate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Oct 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, 21-23, Palace Gate was last sold on 27th July 2007 for £1,100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2007, the market for similar properties has risen by 27.9%.
- Sold Jul 2007£1,100,000
- Sold May 2002£350,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 21-23, Palace Gate within a radius of 290 metres over the last 2 years.
The most recent example is Flat 1, 17, De Vere Gardens, London, W8 5AN, a leasehold flat which sold for £1,100,000 on the 30th August 2024.
Read more about house prices in W8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Palace Gate, London, W8 has a total of 198 addresses. According to our analysis of all the public data, Flat 1, 21-23, Palace Gate is the 105th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £569k less expensive than the average property in W8.
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Schools Nearby
- 600mSt Mary Abbots CofE Primary School
- 900mOur Lady of Victories RC Primary School
- 1.0kmSt Barnabas and St Philip's CofE Primary School
- 1.2kmHolland Park School
- 1.8kmSt. Thomas More Language College
- 1.9kmThe Cardinal Vaughan Memorial RC School
More reading links
Public Transport Nearby
The closest station to Flat 1, 21-23, Palace Gate is High Street Kensington station, which is 600 metres away.
- 600mHigh Street Kensington
- 700mGloucester Road
- 1.0kmSouth Kensington
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
