According to the public record, Ground Floor Flat, 35, Palace Court, London is a period leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and garden.
The apartment is in 35, Palace Court, London, W2.
Palace Court, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Ground Floor Flat, 35, Palace Court, London has 2 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated August 2021.
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 Ground Floor Flat 35 Palace Court London as £1,297,756 and the rental value as £3,885 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Ground Floor Flat 35 Palace Court London has increased by £57,799 (4.5%) and its rental value has increased by £231 per month (5.9%).
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 Ground Floor Flat, 35, Palace Court, London is in very good condition we estimate a sale value of £1,362,644 and rental value of £4,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,206,913 and a rental value of £3,613 per month.
If you were able to purchase this property for the estimated value of £1,297,756, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,378 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, Ground Floor Flat, 35, Palace Court, London was last sold on 24 Nov 2021 for £1,000,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 35, Palace Court, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 1, 42, Clanricarde Gardens, London, W2 4JW, a Leasehold flat which sold for £760,000 in Jan 2024.
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 230 metres radius of Ground Floor Flat, 35, 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, Ground Floor Flat, 35, Palace Court, London is the 185th largest and the 181st most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in W2.
Ground Floor Flat, 35, Palace Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 35, 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 Ground Floor Flat, 35, 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 Ground Floor Flat, 35, 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 Ground Floor Flat, 35, 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 Ground Floor Flat, 35, 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 Ground Floor Flat, 35, 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.