According to the public record, Flat 50, Palace Mansions, London is a period leasehold apartment and with 2,120 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in Palace Mansions, Earsby Street, London, W14.
Earsby Street, London, W14 is located in the borough of Hammersmith and Fulham within the W14 postal district.
Flat 50, Palace Mansions, London has 31 entries in the Land Registry database, most recently in July 2017 and 2 entries in the EPC database, most recently in December 2016.
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 50 Palace Mansions London as £1,456,632 and the rental value as £5,550 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 50 Palace Mansions London has increased by £11,549 (0.8%) and its rental value has increased by £128 per month (2.3%).
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 50, Palace Mansions, London is in very good condition we estimate a sale value of £1,529,463 and rental value of £5,828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,354,667 and a rental value of £5,162 per month.
If you were able to purchase this property for the estimated value of £1,456,632, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,159 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 50, Palace Mansions, London was last sold on 27 Jul 2017 for £1,875,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has dropped 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, Palace Mansions, London within a radius of 253m over the last 2 years.
The most recent example is 30, Fitzgeorge Avenue, London, W14 0SN, a Leasehold flat which sold for £1,510,000 in May 2022.
Read more about house prices in W14.
Our network of Estate Agents report 1 let within a 156m radius of Flat 50, Palace Mansions, London over the last 2 years.
Most recently 19A, Vernon Street, London, W14 0RJ, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Mar 2023.
Earsby Street, London, W14 has a total of 65 addresses. According to our analysis of all the public data, Flat 50, Palace Mansions, London is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £430k more expensive than the average property in W14.
Flat 50, Palace Mansions, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Dec 2016.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 50, Palace Mansions, London is Kensington Olympia station which is 100 m 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 50, Palace Mansions, London, 36.0% of property is privately rented and 27.0% 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 50, Palace Mansions, London, 26.8% of residents are recorded as possessing school level qualifications and 66.2% 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 50, Palace Mansions, London, the average age was 38.8 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 50, Palace Mansions, London, 3.2% 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 50, Palace Mansions, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.