Housing Market Analysis for PALACE COURT, W2 4LS

Are you looking to understand W2 4LS house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Westminster postcode.

For the location information and nearby amenities in the W2 4LS area, explore the W2 4LS Area information page.
For comprehensive crime statistics in the W2 4LS area, explore the W2 4LS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W2 4LS postcode area, The average prices are as follows,

Flat
- The average price is around £784,025 median price is £590,000 Standard Deviation is £659,469 with Total Sold: 40
- The Last 5 Year average price is £1,315,000 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 3, 35 PALACE COURT: £1,175,000 (Sold on 18 Feb 2022)
- The first recorded sale happened at this postcode is FLAT 6, 37 PALACE COURT: £154,000 (Sold on 15 May 1995)
Terraced
- The average price is around £5,731,000 median price is £5,500,000 Standard Deviation is £459,872 with Total Sold: 3
- The Last 5 Year average price is £5,936,500 with Total Sold: 2
- The most recent sale happened at this postcode is 47 PALACE COURT: £6,373,000 (Sold on 28 Jul 2021)
- The first recorded sale happened at this postcode is BASEMENT FLAT, 39 PALACE COURT: £5,320,000 (Sold on 15 Apr 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 4LS house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,175,000	£16,363	1
2021	£1,658,333	£12,457	3
2019	£425,000	£6,670	1
2018	£1,030,000	£11,319	1
2017	£1,055,000	£17,583	1
2014	£1,680,000		2
2012	£890,000		2
2011	£1,096,500	£10,416	3
2009	£655,000		1
2008	£100,000		1
2007	£965,000		1
2005	£786,250	£5,090	4
2004	£578,500	£6,299	3
2003	£2,800,000		1
2002	£527,500		2
2001	£600,000		1
2000	£390,000	£4,725	2
1999	£307,500	£4,028	4
1998	£242,000		2
1997	£175,000		1
1996	£196,500		2
1995	£154,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£5,936,500	£10,096	2
2013	£5,320,000		1

All the Sales in the PALACE COURT, W2 4LS

See the table below for more details on the sold house prices in the W2 4LS, Westminster postcode.

Address	Sold Date	Price	% Change
FLAT 3, 35 PALACE COURTFlat, LeaseholdArea: 71.81 Sq.mtrAge: before 1900	18 Feb 2022	£1,175,000	First Sale
LOWER GROUND FLOOR FLAT, 35 PALACE COURTFlat, LeaseholdArea: 91 Sq.mtrAge: before 1900	24 Nov 2021	£1,000,000	28.70%
	28 Oct 2011	£777,000	First Sale
FLAT F, 33 PALACE COURTFlat, Leasehold	11 Aug 2021	£2,875,000	14.09%
	25 Jul 2014	£2,520,000	161.14%
	19 Jan 2007	£965,000	First Sale
47 PALACE COURTTerraced, FreeholdArea: 588 Sq.mtrAge: before 1900	28 Jul 2021	£6,373,000	15.87%
	28 Jul 2021	£5,500,000	First Sale
FLAT 3, 37 PALACE COURTFlat, LeaseholdArea: 79 Sq.mtrAge: before 1900	31 Mar 2021	£1,100,000	267.89%
	06 Mar 1998	£299,000	First Sale
FLAT 6, 37 PALACE COURTFlat, LeaseholdArea: 63.72 Sq.mtrAge: 1983-1990	06 Sep 2019	£425,000	70.00%
	20 May 1999	£250,000	62.34%
	15 May 1995	£154,000	First Sale
LOWER GROUND FLOOR FLAT, 41 PALACE COURTFlat, LeaseholdArea: 91 Sq.mtrAge: before 1900	05 Jan 2018	£1,030,000	139.53%
	13 Jun 2000	£430,000	First Sale
FLAT 2, 43 PALACE COURTFlat, LeaseholdArea: 60 Sq.mtrAge: before 1900	11 Apr 2017	£1,055,000	First Sale
FLAT G, 33 PALACE COURTFlat, Leasehold	12 Jun 2014	£840,000	354.05%
FLAT G, 33 PALACE COURTFlat, Leasehold	23 Feb 1998	£185,000	First Sale
BASEMENT FLAT, 39 PALACE COURTTerraced, Freehold	15 Apr 2013	£5,320,000	First Sale
FLAT 2, 33 PALACE COURTFlat, Leasehold	09 Nov 2012	£795,000	101.01%
	27 Feb 2004	£395,500	46.48%
	12 Nov 1999	£270,000	First Sale
1, 41 PALACE COURTFlat, Leasehold	26 Mar 2012	£985,000	50.38%
	27 Mar 2009	£655,000	25.96%
	05 Aug 2002	£520,000	First Sale
FIRST FLOOR FLAT, 35 PALACE COURTFlat, LeaseholdArea: 73.82 Sq.mtrAge: before 1900	11 Nov 2011	£907,500	95.16%
	09 Jul 2004	£465,000	52.46%
	04 Jun 1999	£305,000	First Sale
UPPER FLAT 4, 35 PALACE COURTFlat, Leasehold	11 Feb 2011	£1,605,000	83.43%
	03 Sep 2004	£875,000	45.83%
	14 Dec 2001	£600,000	48.15%
	22 Jan 1999	£405,000	First Sale
SECOND FLOOR FLAT, 35 PALACE COURTFlat, Leasehold	25 Mar 2008	£100,000	First Sale
FLAT 1, 51A PALACE COURTFlat, Leasehold	01 Nov 2005	£1,100,000	First Sale
FLAT 2, 51A PALACE COURTFlat, Leasehold	01 Nov 2005	£1,100,000	First Sale
FLAT 4, 37 PALACE COURTFlat, Leasehold	04 Jul 2005	£580,000	8.41%
	30 May 2002	£535,000	137.78%
	11 Nov 1996	£225,000	First Sale
FLAT 1, 43 PALACE COURTFlat, LeaseholdArea: 71.71 Sq.mtrAge: 1900-1929	24 Jun 2005	£365,000	First Sale
51 PALACE COURTFlat, Leasehold	16 May 2003	£2,800,000	First Sale
FLAT 3, 33 PALACE COURTFlat, Leasehold	19 Jun 2000	£350,000	First Sale
FLAT 2, 37 PALACE COURTFlat, Leasehold	21 Feb 1997	£175,000	First Sale
BASEMENT FLAT, 43 PALACE COURTFlat, Leasehold	05 Jul 1996	£168,000	First Sale

Check out the sold house prices near the W2 4LS postcode. Properties currently for saleProperties currently for rent

PALACE COURT, W2 4LS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W2 4LS postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the W2 4LS postcode.

Flat
- The average price is around £610,552 median price is £390,000 Standard Deviation is £788,605 with Total Sold: 9,031
- The Last 5 Year average price is £1,270,935 with Total Sold: 1,017
- The most recent sale happened at this postcode is 4, 5 STRATHMORE GARDENS: £900,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 1, 25 PEMBRIDGE GARDENS: £172,000 (Sold on 04 Jan 1995)
Terraced
- The average price is around £1,769,438 median price is £1,250,000 Standard Deviation is £1,691,738 with Total Sold: 1,746
- The Last 5 Year average price is £3,399,711 with Total Sold: 231
- The most recent sale happened at this postcode is , 58 PALACE GARDENS TERRACE: £9,900,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 86 PALACE GARDENS TERRACE: £1,200,000 (Sold on 16 Jan 1995)
Other
- The average price is around £5,065,024 median price is £1,354,990 Standard Deviation is £9,192,708 with Total Sold: 307
- The Last 5 Year average price is £4,423,112 with Total Sold: 167
- The most recent sale happened at this postcode is , 34 CHEPSTOW VILLAS: £21,280,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is STORAGE SPACE BS.03, MERITAS COURT 10 SALEM ROAD: £6,909 (Sold on 30 May 2012)
Semi-Detached
- The average price is around £3,052,406 median price is £2,262,500 Standard Deviation is £3,188,888 with Total Sold: 156
- The Last 5 Year average price is £6,412,998 with Total Sold: 24
- The most recent sale happened at this postcode is , 21A NEWTON ROAD: £4,000,000 (Sold on 02 Oct 2023)
- The first recorded sale happened at this postcode is , 20 HEREFORD ROAD: £390,000 (Sold on 07 Jun 1995)
Detached
- The average price is around £5,765,817 median price is £2,420,125 Standard Deviation is £7,900,468 with Total Sold: 80
- The Last 5 Year average price is £11,460,000 with Total Sold: 13
- The most recent sale happened at this postcode is , 24 PEMBRIDGE SQUARE: £8,100,000 (Sold on 19 Jul 2023)
- The first recorded sale happened at this postcode is 36C, THE LIMES, 34 - 36 LINDEN GARDENS: £124,000 (Sold on 30 May 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,011,627	£12,121	83
2023	£1,255,266	£14,350	190
2022	£1,352,924	£14,788	202
2021	£1,335,466	£15,594	214
2020	£1,232,070	£14,994	154
2019	£1,271,589	£15,790	174
2018	£1,299,191	£14,967	164
2017	£1,192,305	£15,026	204
2016	£1,077,248	£16,625	209
2015	£1,159,489	£14,892	210
2014	£1,133,620	£15,500	264
2013	£993,289	£12,769	239
2012	£978,913	£12,103	210
2011	£820,042	£10,459	260
2010	£703,011	£9,384	262
2009	£588,552	£7,946	205
2008	£698,683	£8,414	203
2007	£655,730	£8,745	441
2006	£485,199	£6,993	457
2005	£443,570	£6,525	378
2004	£448,151	£5,698	425
2003	£380,208	£5,301	308
2002	£384,308	£5,336	499
2001	£325,893	£4,524	392
2000	£297,541	£4,111	596
1999	£257,246	£3,535	523
1998	£212,364	£2,960	399
1997	£192,600	£2,536	448
1996	£152,339	£2,071	385
1995	£141,377	£2,068	333

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,459,019	£14,846	16
2023	£3,550,737	£21,438	33
2022	£3,298,263	£21,114	43
2021	£3,399,576	£19,926	67
2020	£3,754,259	£18,910	29
2019	£3,124,283	£18,544	43
2018	£2,794,932	£18,106	44
2017	£2,833,366	£18,451	41
2016	£3,644,550	£19,929	39
2015	£3,372,438	£19,229	50
2014	£3,449,442	£21,101	52
2013	£3,319,868	£20,954	42
2012	£2,467,945	£15,079	43
2011	£2,443,617	£16,772	47
2010	£2,283,424	£16,894	35
2009	£1,991,921	£12,874	38
2008	£1,968,731	£13,263	39
2007	£1,800,459	£11,946	64
2006	£1,278,557	£8,771	90
2005	£1,215,883	£8,302	70
2004	£1,254,438	£7,254	82
2003	£1,367,383	£9,242	60
2002	£1,070,334	£9,172	81
2001	£1,116,631	£6,644	76
2000	£1,051,018	£5,757	72
1999	£731,981	£5,377	86
1998	£506,650	£3,759	84
1997	£538,306	£3,895	107
1996	£410,434	£3,095	93
1995	£415,004	£2,688	80

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,388,889	£10,238	9
2023	£1,717,229	£14,051	18
2022	£4,755,750	£32,742	31
2021	£7,099,907	£60,659	37
2020	£3,613,786	£15,903	40
2019	£3,830,416	£21,207	32
2018	£5,147,657	£16,305	44
2017	£2,067,833	£12,447	37
2016	£1,905,591	£9,937	20
2015	£12,461,590	£29,784	19
2014	£13,075,394	£10,312	18
2013	£3,050,000		1
2012	£6,909		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£6,688,167	£25,987	6
2022	£6,001,750	£24,774	2
2021	£8,458,432	£28,111	8
2020	£3,667,000	£20,486	3
2019	£4,622,200	£17,767	5
2018	£3,696,250	£20,394	4
2017	£5,687,500	£21,448	4
2016	£4,150,000	£21,156	3
2015	£7,616,667	£20,312	6
2014	£6,060,400	£28,598	5
2013	£1,975,333	£18,546	3
2012	£4,641,667	£16,334	3
2011	£3,278,167	£15,564	6
2010	£1,847,500	£10,915	2
2009	£3,000,000	£12,931	1
2008	£3,400,000	£9,462	6
2007	£3,189,167	£13,298	6
2006	£3,112,143	£11,844	7
2005	£2,068,333	£6,883	6
2004	£1,433,750	£9,819	4
2003	£2,651,667		3
2002	£1,833,325	£5,381	4
2001	£1,195,398	£6,546	11
2000	£1,041,050	£6,374	10
1999	£839,751	£4,267	13
1998	£1,966,667	£4,966	3
1997	£862,409	£3,583	11
1996	£531,655	£4,088	6
1995	£451,000	£2,589	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£23,783,333	£65,892	3
2022	£9,415,000	£24,320	3
2021	£5,065,000	£17,740	4
2020	£7,562,500	£26,500	2
2019	£14,000,000	£27,451	1
2018	£23,273,334	£62,866	3
2017	£1,775,000	£12,500	1
2016	£1,800,000	£12,676	1
2015	£14,225,000	£26,974	2
2014	£10,800,000	£30,965	2
2012	£9,950,000	£20,121	2
2011	£2,148,062	£14,446	4
2010	£12,075,000	£21,556	4
2009	£1,042,500		2
2008	£10,375,000	£19,543	2
2007	£7,500,000	£68,807	1
2006	£2,170,000	£29,818	3
2005	£3,030,275	£9,306	2
2004	£4,416,000	£8,593	5
2003	£3,620,000	£9,281	2
2002	£575,800	£4,122	3
2001	£1,727,518	£4,487	3
2000	£1,110,083	£3,687	3
1999	£2,518,078	£5,210	5
1998	£1,434,286	£3,322	7
1997	£999,900	£136	5
1996	£527,833		3
1995	£184,500	£1,725	2

House Type in W2 4LS area

The most common house types in the W2 4LS postcode area are Flat (64), Shared house (18), and Semi-detached (3).

Total	90
Flat	64
Shared house	18
Semi-detached	3
Terraced	3
Detached	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (57), and Owned: Owns outright (18).

Private rented: Private landlord or letting agency	57
Owned: Owns outright	18
Owned: Owns with a mortgage or loan	10
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the W2 4LS have 1 person in household (45), and 2 people in household (27).

1 person in household	45
2 people in household	27
3 people in household	8
4 people in household	7
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0