Flat 5 1, Palace Gate, W8 5LS
Flat 5 1 Palace Gate is a 128 m² flat in Kensington. It sold for £2,500,000 in Sep 2022.
- Sale history
-
Date Paid price Annual growth After inflation Sep 2022 £2,500,000 16.6% 11.2% Mar 2020 £1,700,000 * na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 128 square metres (1,378 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £19,531 per square metre (£1,814 per square foot) in Sep 2022. Indexed forward to today's value, this is roughly £17,769 per square metre (£1,651 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Sep 2022 £2,500,000 £19,531 £2,274,404 £17,769 Mar 2020 £1,700,000 £13,281 £1,664,558 £13,004 Calculated using the latest EPC internal area of 128 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £2,274,404. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Kensington are now selling for between £12,850 and £18,570 per square metre (£1,193 and £1,725 per square foot). Based on an internal area of 128 m², this implies a valuation between £1,645,000 and £2,377,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- na
- Type
- Flat
- Council tax band
- na
- Summary:
- 07 November 2018 - energy performance certificate grade D
- Reason for EPC:
- Rental
- Tenure:
- Owner-occupied
- Property type:
- Maisonette , has 6 habitable rooms. Estimated year built before 1900
- Area:
- 128 sqm (1,378 square foot) total internal area
- Comments:
- Walls: Solid brick, with internal insulation. Roof: (another dwelling above). Heating: Air source heat pump, warm air, electric.
- Summary:
- 29 January 2014 - energy performance certificate grade D
- Reason for EPC:
- Marketed sale
- Tenure:
- Owner-occupied
- Property type:
- Maisonette , has 4 habitable rooms. Estimated year built before 1900
- Area:
- 156 sqm (1,679 square foot) total internal area
- Comments:
- Walls: Solid brick, with internal insulation. Roof: (another dwelling above). Heating: Air source heat pump, warm air, electric.
- Summary:
- 20 October 2008 - energy performance certificate grade E
- Reason for EPC:
- None
- Tenure:
- Private rental
- Property type:
- None , has 5 habitable rooms. Estimated year built before 1900
- Area:
- 162 sqm (1,744 square foot) total internal area
- Comments: