According to the public record, Flat 2, 18, Palace Court, London is a period apartment with 204 ft2 of internal area.
Apartments of this size in this area are normally studios with a garden.
The apartment is in 18, Palace Court, London, W2.
Palace Court, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 18, Palace Court, London has no records in the Land Registry database and a single entry in the EPC database dated February 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 18 Palace Court London as £282,729 and the rental value as £886 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat 2 18 Palace Court London has increased by £10,207 (3.6%) and its rental value has increased by £45 per month (5.1%).
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 2, 18, Palace Court, London is in very good condition we estimate a sale value of £296,865 and rental value of £931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,938 and a rental value of £824 per month.
If you were able to purchase this property for the estimated value of £282,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,390 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 18, Palace Court, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 5, 11, Orme Court, London, W2 4RL, a Leasehold flat which sold for £265,000 in Nov 2021.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 250 metres radius of Flat 2, 18, Palace Court, London over the last 2 years.
Most recently Flat 5, 28, Palace Court, London, W2 4HZ, a flat let by Fine Living in Apr 2021.
Palace Court, London, W2 has a total of 337 addresses. According to our analysis of all the public data, Flat 2, 18, Palace Court, London is the 328th largest and the 328th most expensive property on the street.
When compared to the postcode district it is £832k less expensive than the average property in W2.
Flat 2, 18, Palace Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2019.
The property is connected to mains gas and has full secondary glazing. It is heated using a community scheme.
The closest station to Flat 2, 18, Palace Court, London is Bayswater station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 18, Palace Court, London, 65.9% of property is privately rented and 20.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 18, Palace Court, London, 25.8% of residents are recorded as possessing school level qualifications and 74.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 18, Palace Court, London, the average age was 37.5 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 18, Palace Court, London, 1.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 18, Palace Court, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.