Property details for Flat 2, 15 Palace Gate, London W8 5LS

Flat, Leasehold, 2 Beds, 2 Baths, 2 Recepts - Edit
Zoopla Estimate: £722,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £722,000
    Refine estimate

  • Value change
    20,150 (-2.7%) 46,150 (-6.0%) 29,900 (-4.0%) 33,300 (-4.4%) 78,450 (12.2%) 167,700 (30.3%) 228,550 (46.3%)  
    from 
  • Rental value
    £1,850 pcm
  • Confidence level
    85
  • Value range
    £692,000 - £752,000
  • Rental range
    £1,550 - £2,100 pcm

Monthly running costs Beta

£1,748 Monthly total
Remortgage
Property value
Loan amount (60%) 433,200
Repayment term 25
Interest rate 0.5
Your payment £1,536 /month Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas £24 Electricity £30 Estimated energy cost £54/mo Find energy deals In partnership with
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Kensington and Chelsea

Estimated tax band E Council tax cost £132 /month
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £13 Estimated water cost £26 /month
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £497,500 | Sale date: 20th Oct 2011 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £330,000 | Sale date: 27th Jun 2005
Property type: Flat | Tenure: Leasehold | Previous sale: £295,000 | Sale date: 14th Feb 2003

This 2 bed leasehold flat is located at 15 Palace Gate, London W8 5LS and has an estimated current value of £722,000. Palace Gate has 197 houses and flats on it with a average current value of £2,291,264, compared to an an average property value of £2,777,046 for W8. There have been 19 property sales on Palace Gate, W8 over the last 5 years with an average house price paid of £2,163,157 and this flat was last sold on 20th Oct 2011 for £497,500. There are currently 315 houses and flats to buy in W8 with an average asking price of £3,496,861 and 1565 homes to rent in W8 with an average asking rent of £1,121 pw.

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

Back to Palace Gate results

Incorrect map position? Edit location

Market activity
Average price paid £2,464,073 Sales 213 Current average value £2,777,046 (Zoopla Zed-Index) Value change -£83,666 ▼ -2.92%

Property value data/graphs for W8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £10,912,851 £2,035 5.8 £6,200,000
Semi-detached £7,328,251 £2,243 4.6 £6,137,000
Terraced £4,764,842 £1,885 4.0 £4,601,416
Flats £1,755,284 £1,614 2.3 £1,599,144

Current asking prices in W8

Average: £3,540,454
Avg. current asking prices in W8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £3,496,667
(3)
£2,434,000
(5)
£3,660,748
(20)
£4,997,292
(24)
£7,786,316
(19)
Flats £1,156,503
(45)
£1,501,283
(77)
£2,758,245
(57)
£4,718,684
(19)
£17,275,000
(10)
All £1,302,763
(48)
£1,558,156
(82)
£2,992,661
(77)
£4,874,186
(43)
£11,058,276
(29)

Current asking rents in W8

Average: £4,875 pcm
Avg. current asking prices in W8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £3,404 pcm
(7)
£5,675 pcm
(36)
£7,215 pcm
(30)
£11,297 pcm
(17)
£13,598 pcm
(27)
Flats £2,425 pcm
(253)
£4,081 pcm
(815)
£7,406 pcm
(190)
£9,039 pcm
(66)
£15,482 pcm
(14)
All £2,452 pcm
(260)
£4,149 pcm
(851)
£7,380 pcm
(220)
£9,501 pcm
(83)
£14,241 pcm
(41)

Fun facts for W8

Highest value in W8
Highest value towns Zed-Index
Virginia Water £1,348,415
Cobham £1,069,393
Beaconsfield £1,062,025
Keston £1,041,159
Chalfont St. Giles £1,003,798
Highest turnover in W8
Highest turnover towns Turnover
Kirkliston 27.8%
Bishopton 26.4%
Verwood 22.9%
Westhill 22.6%
Sandhurst 21.3%

What Zoopla users think of W8

Overall rating:

  • currently 4 stars
Very good - 76% (98 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate W8:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Local info for Kensington and Chelsea

About the neighbours in W8

AskMe Q&A for Kensington and Chelsea

Ask a question

See all AskMe Q&A in Kensington and Chelsea