According to the public record, Flat 401, 20, Palace Court, London is a period leasehold apartment with 172 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 20, Palace Court, London, W2.
Palace Court, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 401, 20, Palace Court, London has 3 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated October 2020.
We combine this information with that 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 401 20 Palace Court London as £246,421 and the rental value as £773 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat 401 20 Palace Court London has increased by £8,034 (3.3%) and its rental value has increased by £37 per month (4.7%).
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 401, 20, Palace Court, London is in very good condition we estimate a sale value of £258,742 and rental value of £811 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,172 and a rental value of £719 per month.
If you were able to purchase this property for the estimated value of £246,421, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,211 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 HM Land Registry, Flat 401, 20, Palace Court, London was last sold on 05 Aug 2020 for £295,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2020, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 240 metres radius of Flat 401, 20, Palace Court, London over the last 2 years.
The most recent example is Flat 301, 20, Palace Court, London, W2 4HU, a Leasehold flat which sold for £1,140,000 in Feb 2024.
Read more about house prices in W2.
Our network of Estate Agents report 1 let within a 240 metres radius of Flat 401, 20, 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 401, 20, Palace Court, London is the 333rd largest and the 333rd most expensive property on the street.
When compared to the postcode district it is £868k less expensive than the average property in W2.
Flat 401, 20, Palace Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 401, 20, 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 401, 20, 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 401, 20, 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 401, 20, 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 401, 20, 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 401, 20, 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.