Housing Market Analysis for PALACE GATE, W8 5LS

Are you looking to understand W8 5LS 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 Kensington and Chelsea postcode.

For the location information and nearby amenities in the W8 5LS area, explore the W8 5LS Area information page.
For comprehensive crime statistics in the W8 5LS area, explore the W8 5LS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W8 5LS postcode area, The average prices are as follows,

  • Flat
    • The average price is around £1,196,048 median price is £850,000 Standard Deviation is £1,047,782 with Total Sold: 131
    • The Last 5 Year average price is £2,236,625 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT 2, 3 PALACE GATE: £2,520,000 (Sold on 01 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 4, 25 PALACE GATE: £2,300,000 (Sold on 14 Dec 2023)
  • Other
    • The average price is around £960,000 median price is £960,000 Standard Deviation is £260,000 with Total Sold: 2
    • The most recent sale happened at this postcode is GROUND AND BASEMENT OFFICES, 27 PALACE GATE: £700,000 (Sold on 30 Mar 2017)
    • The first recorded sale happened at this postcode is BASEMENT, 19 PALACE GATE: £1,220,000 (Sold on 27 Mar 2017)
  • Terraced
    • The average price is around £2,909,389 median price is £2,977,500 Standard Deviation is £221,092 with Total Sold: 9
    • The most recent sale happened at this postcode is 5 PALACE GATE: £3,145,000 (Sold on 31 Mar 2000)
    • The first recorded sale happened at this postcode is 7 - 9 PALACE GATE: £2,660,000 (Sold on 04 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average W8 5LS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,410,000 £16,296 2
2022£1,629,875 £17,816 4
2021£1,900,000 £10,091 2
2020£2,500,000 £10,520 2
2019£1,850,000 £15,746 1
2018£1,950,000 £20,526 1
2017£3,027,500 £19,465 4
2015£2,291,250 £18,905 2
2014£2,475,000 £27,500 1
2013£2,637,000 £19,095 5
2012£2,658,333 £17,381 3
2011£2,205,622 £14,304 4
2010£963,250 £8,095 2
2009£757,5002
2008£649,5002
2007£907,500 £9,330 2
2006£1,281,6258
2005£799,667 £6,373 6
2004£664,0003
2003£1,006,417 £6,146 12
2002£826,755 £5,253 25
2001£885,893 £6,524 14
2000£380,369 £3,713 8
1999£448,125 £4,883 4
1998£746,2502
1997£470,143 £3,097 7
1995£188,5002
2024£4,850,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£960,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£2,940,562 £39,899 8
1995£2,660,0001

All the Sales in the PALACE GATE, W8 5LS

See the table below for more details on the sold house prices in the W8 5LS, Kensington and Chelsea postcode.

AddressSold DatePrice% Change
FLAT 2, 3 PALACE GATEFlat, LeaseholdArea: 174 Sq.mtrAge: 01 Mar 2023£2,520,000161.14%
20 Dec 2002£965,000-69.32%
31 Mar 2000£3,145,000First Sale
FLAT 4, 13 PALACE GATEFlat, LeaseholdArea: 124 Sq.mtrAge: 16 Nov 2022£2,500,000108.33%
08 Mar 2006£1,200,0000.0
18 Dec 2002£1,200,00051.90%
13 May 2002£790,000First Sale
FLAT 5, 1 PALACE GATEFlat, LeaseholdArea: 161.59 Sq.mtrAge: 09 Sep 2022£2,500,00047.06%
06 Mar 2020£1,700,000First Sale
1, 7 PALACE GATEFlat, LeaseholdAge: 18 Feb 2022£694,500150.27%
02 Oct 2001£277,500First Sale
1, 5 PALACE GATEFlat, LeaseholdAge: 01 Feb 2022£825,0003.77%
14 Mar 2013£795,00011.19%
11 May 2007£715,00093.24%
17 Jul 2006£370,000First Sale
2, 5 PALACE GATEFlat, LeaseholdAge: 08 Jul 2021£2,550,00096.15%
12 Dec 2005£1,300,00037.42%
22 Mar 2002£946,000First Sale
FLAT 2, 21 - 23 PALACE GATEFlat, LeaseholdArea: 123.87 Sq.mtrAge: 12 Mar 2021£1,250,000257.14%
27 May 2002£350,000First Sale
FLAT 4, 5 PALACE GATEFlat, LeaseholdAge: 11 Aug 2020£3,300,000158.82%
01 Aug 2003£1,275,000First Sale
FLAT 3, 15 PALACE GATEFlat, LeaseholdArea: 117.49 Sq.mtrAge: 08 Feb 2019£1,850,000208.33%
12 Jun 2001£600,000First Sale
FLAT 7, 21 - 23 PALACE GATEFlat, LeaseholdArea: 95 Sq.mtrAge: 15 Jun 2018£1,950,00032.20%
31 Mar 2011£1,474,990137.90%
18 Jan 2002£620,000First Sale
FLAT 1, 1 PALACE GATEFlat, LeaseholdArea: 165.8 Sq.mtrAge: 26 Jun 2017£4,090,00081.78%
27 Oct 2006£2,250,000359.18%
29 May 1997£490,000First Sale
FLAT 5, 17 PALACE GATEFlat, LeaseholdArea: 116 Sq.mtrAge: 19 May 2017£1,800,000First Sale
GROUND AND BASEMENT OFFICES, 27 PALACE GATEOther, LeaseholdAge: 30 Mar 2017£700,000105.88%
31 Mar 2009£340,000First Sale
BASEMENT, 19 PALACE GATEOther, LeaseholdAge: 27 Mar 2017£1,220,000First Sale
FLAT 4, 19 PALACE GATEFlat, LeaseholdArea: 67 Sq.mtrAge: 27 Mar 2017£1,220,000First Sale
3, 9 PALACE GATEFlat, LeaseholdAge: 03 Feb 2017£5,000,000222.58%
22 Mar 2002£1,550,000First Sale
FLAT 4, 3 PALACE GATEFlat, LeaseholdArea: 201 Sq.mtrAge: 23 Oct 2015£3,800,000230.43%
06 Dec 2001£1,150,000First Sale
THE COURTYARD FLAT, 17 PALACE GATEFlat, LeaseholdAge: 23 Mar 2015£782,50088.55%
01 Dec 2006£415,000144.12%
19 Aug 2003£170,000First Sale
FLAT 5, 13 PALACE GATEFlat, LeaseholdArea: 90 Sq.mtrAge: 27 Aug 2014£2,475,000127.69%
10 Apr 2003£1,087,00063.95%
10 May 2002£663,000First Sale
4, 15 PALACE GATEFlat, LeaseholdAge: 16 Sep 2013£2,400,00086.34%
07 Jul 2006£1,288,0007.33%
03 Feb 2005£1,200,00041.18%
11 Oct 2002£850,000First Sale
2, 7 PALACE GATEFlat, LeaseholdAge: 22 May 2013£2,750,000189.47%
08 Oct 2001£950,000First Sale
FLAT 10, 21 - 23 PALACE GATEFlat, LeaseholdArea: 130 Sq.mtrAge: 01 May 2013£2,300,000130.00%
14 Aug 2002£1,000,000First Sale
FLAT 4, 1 PALACE GATEFlat, LeaseholdArea: 241 Sq.mtrAge: 05 Mar 2013£4,940,000198.49%
08 Aug 2001£1,655,00055.04%
22 May 1998£1,067,50039.54%
27 Jun 1997£765,000First Sale
FLAT 6, 25 PALACE GATEFlat, LeaseholdArea: 105 Sq.mtrAge: 14 Dec 2012£2,200,00051.72%
29 Feb 2012£1,450,000First Sale
4, 7 PALACE GATEFlat, LeaseholdAge: 18 Jul 2012£4,325,000172.01%
18 Jul 2002£1,590,000First Sale
FLAT 3, 5 PALACE GATEFlat, LeaseholdAge: 30 Nov 2011£2,900,000-40.21%
19 Jun 2024£4,850,000First Sale
FLAT 2, 15 PALACE GATEFlat, LeaseholdArea: 48.24 Sq.mtrAge: 20 Oct 2011£497,50050.76%
27 Jun 2005£330,00011.86%
14 Feb 2003£295,000-90.09%
31 Mar 2000£2,977,500First Sale
FLAT 4, 9 PALACE GATEFlat, LeaseholdArea: 231.35 Sq.mtrAge: 16 Sep 2011£3,950,000178.17%
29 May 2003£1,420,000First Sale
FLAT 1, 25 PALACE GATEFlat, LeaseholdArea: 88.63 Sq.mtrAge: 10 Dec 2010£717,500First Sale
11E PALACE GATEFlat, LeaseholdAge: 14 May 2010£1,209,00089.80%
04 Oct 2004£637,000129.96%
20 Jan 1995£277,000First Sale
FLAT 6, 21 - 23 PALACE GATEFlat, LeaseholdAge: 12 Jan 2009£1,175,00091.06%
04 Jan 2002£615,000First Sale
25 PALACE GATEFlat, LeaseholdAge: 08 Apr 2008£604,00051.00%
27 Sep 2002£400,00064.95%
04 Oct 1999£242,50086.54%
12 Mar 1997£130,00030.00%
31 May 1995£100,000First Sale
FLAT 5, 19 PALACE GATEFlat, LeaseholdAge: 07 Feb 2008£695,00051.13%
12 Aug 2002£459,87139.35%
12 Apr 2001£330,000First Sale
FLAT 1, 21 - 23 PALACE GATEFlat, LeaseholdArea: 117.9 Sq.mtrAge: 27 Jul 2007£1,100,000214.29%
27 May 2002£350,000First Sale
FLAT 9, 21 - 23 PALACE GATEFlat, LeaseholdAge: 29 Jun 2006£1,525,00038.64%
15 Apr 2003£1,100,00012.82%
28 Jun 2001£975,000First Sale
FLAT 3, 21 - 23 PALACE GATEFlat, LeaseholdAge: 12 Jun 2006£950,00047.29%
18 Mar 2002£645,000First Sale
FLAT 3, 3 PALACE GATEFlat, LeaseholdAge: 25 May 2006£2,255,000-9.80%
08 Aug 2002£2,500,00028.21%
24 Oct 2001£1,950,00044.44%
25 Jun 2001£1,350,000First Sale
FLAT 5A, 25 PALACE GATEFlat, LeaseholdAge: 30 Nov 2005£379,00022.26%
24 May 2002£310,000First Sale
2, 9 PALACE GATEFlat, LeaseholdAge: 18 Nov 2005£1,330,00040.00%
17 Jun 2002£950,000First Sale
FLAT 1, 19 PALACE GATEFlat, LeaseholdArea: 44.12 Sq.mtrAge: 24 Jan 2005£259,0003.60%
02 Aug 2002£250,000325.89%
31 Jul 2000£58,700-58.07%
04 Jul 2000£140,000First Sale
FLAT 6, 17 PALACE GATEFlat, LeaseholdAge: 15 Nov 2004£920,00047.20%
28 Nov 2003£625,000First Sale
FLAT 5B, 25 PALACE GATEFlat, LeaseholdAge: 17 Sep 2004£435,000First Sale
FLAT 3, 1 PALACE GATEFlat, LeaseholdAge: 19 Nov 2003£1,100,00061.76%
02 Jul 1999£680,000-9.33%
23 Jul 1997£750,00056.25%
29 May 1997£480,000First Sale
FLAT 6, 13 PALACE GATEFlat, LeaseholdAge: 12 Nov 2003£2,200,00062.96%
11 Mar 2003£1,350,000First Sale
FLAT 6, 15 PALACE GATEFlat, LeaseholdAge: 24 Jul 2003£1,175,000First Sale
FLAT 1, 3 PALACE GATEFlat, LeaseholdAge: 10 Feb 2003£280,000First Sale
FLAT 1, 13 PALACE GATEFlat, LeaseholdAge: 20 Dec 2002£295,000First Sale
FLAT 1, 17 PALACE GATEFlat, LeaseholdAge: 30 Oct 2002£585,000First Sale
FLAT 8, 21 - 23 PALACE GATEFlat, LeaseholdAge: 17 Oct 2002£600,000First Sale
3, 7 PALACE GATEFlat, LeaseholdAge: 14 Jun 2002£1,490,000First Sale
5, 15 PALACE GATEFlat, LeaseholdAge: 10 Jun 2002£695,000First Sale
3, 5 PALACE GATEFlat, LeaseholdAge: 21 Dec 2001£1,400,000First Sale
FLAT 2, 13 PALACE GATEFlat, LeaseholdAge: 05 Dec 2001£275,000First Sale
FLAT 3, 13 PALACE GATEFlat, LeaseholdAge: 01 Nov 2001£610,000First Sale
FLAT 1, 15 PALACE GATEFlat, LeaseholdAge: 31 Aug 2001£300,000First Sale
FLAT 4, 21 - 23 PALACE GATEFlat, LeaseholdArea: 88.9 Sq.mtrAge: 29 Jun 2001£580,000First Sale
FLAT 4, 25 PALACE GATEFlat, LeaseholdArea: 127 Sq.mtrAge: 01 Nov 2000£775,000-66.30%
14 Dec 2023£2,300,000First Sale
FLAT 6, 19 PALACE GATEFlat, LeaseholdAge: 01 Sep 2000£65,500First Sale
FLAT D, 11 PALACE GATEFlat, LeaseholdArea: 104.38 Sq.mtrAge: 25 Aug 2000£650,00071.05%
25 Oct 1999£380,000First Sale
7, 19 PALACE GATEFlat, FreeholdAge: 31 Jul 2000£307,500First Sale
5 PALACE GATETerraced, FreeholdAge: 31 Mar 2000£3,145,000First Sale
FLAT 5, 21 - 23 PALACE GATETerraced, FreeholdAge: 31 Mar 2000£2,582,500First Sale
13 PALACE GATETerraced, FreeholdAge: 31 Mar 2000£2,977,500First Sale
7 - 9 PALACE GATETerraced, FreeholdAge: 31 Mar 2000£3,057,00014.92%
04 Dec 1995£2,660,000First Sale
9 PALACE GATETerraced, FreeholdAge: 31 Mar 2000£3,057,500First Sale
10, 23 PALACE GATETerraced, FreeholdAge: 31 Mar 2000£2,582,500First Sale
FLAT 3, 25 PALACE GATEFlat, LeaseholdAge: 10 Mar 2000£830,000First Sale
FLAT 2, 25 PALACE GATEFlat, LeaseholdArea: 125.02 Sq.mtrAge: 08 Mar 2000£216,25010.33%
23 Jun 1997£196,000First Sale
FLAT 4, 17 PALACE GATEFlat, LeaseholdArea: 80 Sq.mtrAge: 06 Dec 1999£490,000First Sale
FLAT C, 11 PALACE GATEFlat, LeaseholdAge: 20 Mar 1998£425,000First Sale
FLAT 2, 1 PALACE GATEFlat, LeaseholdArea: 155 Sq.mtrAge: 29 May 1997£480,000First Sale

Check out the sold house prices near the W8 5LS postcode. Properties currently for saleProperties currently for rent

PALACE GATE, W8 5LS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W8 5LS 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 W8 5LS postcode.

  • Flat
    • The average price is around £1,040,209 median price is £615,000 Standard Deviation is £1,348,012 with Total Sold: 5,826
    • The Last 5 Year average price is £1,978,401 with Total Sold: 652
    • The most recent sale happened at this postcode is REAR BASEMENT FLAT, 14 CORNWALL MEWS SOUTH: £785,000 (Sold on 09 Jul 2024)
    • The first recorded sale happened at this postcode is , 13D QUEENS GATE PLACE: £90,000 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £4,826,290 median price is £1,450,000 Standard Deviation is £7,729,714 with Total Sold: 150
    • The Last 5 Year average price is £4,855,102 with Total Sold: 75
    • The most recent sale happened at this postcode is FLAT 1, 61 CORNWALL GARDENS: £1,025,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , ST CATHERINE'S HOUSE, 23 KENSINGTON SQUARE: £3,500,000 (Sold on 15 Aug 2013)
  • Terraced
    • The average price is around £2,679,109 median price is £1,712,500 Standard Deviation is £3,097,023 with Total Sold: 840
    • The Last 5 Year average price is £5,430,356 with Total Sold: 121
    • The most recent sale happened at this postcode is , 11 ALBERT PLACE: £18,750,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 GREGORY PLACE: £253,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £4,035,955 median price is £2,670,000 Standard Deviation is £3,676,145 with Total Sold: 104
    • The Last 5 Year average price is £8,531,944 with Total Sold: 18
    • The most recent sale happened at this postcode is , 6 LAUNCESTON PLACE: £5,250,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is , 30 LAUNCESTON PLACE: £760,000 (Sold on 02 Feb 1995)
  • Detached
    • The average price is around £3,288,580 median price is £2,894,000 Standard Deviation is £3,946,774 with Total Sold: 25
    • The Last 5 Year average price is £5,258,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 LEXHAM WALK: £5,725,000 (Sold on 27 Feb 2023)
    • The first recorded sale happened at this postcode is , 50 HYDE PARK GATE: £150,000 (Sold on 13 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,534,423 £13,319 26
2023£1,898,062 £16,956 116
2022£2,022,926 £16,899 127
2021£2,078,248 £16,352 141
2020£2,205,932 £15,989 107
2019£1,806,430 £16,669 135
2018£2,351,344 £19,396 119
2017£2,085,258 £16,968 111
2016£2,103,666 £17,989 121
2015£3,021,388 £22,589 156
2014£1,846,083 £18,676 180
2013£1,825,522 £15,649 138
2012£1,729,474 £15,601 131
2011£1,320,385 £12,994 151
2010£1,151,527 £12,003 160
2009£1,101,927 £10,299 125
2008£1,034,288 £10,184 112
2007£1,102,923 £9,966 215
2006£849,945 £8,497 292
2005£736,207 £6,688 240
2004£684,197 £6,563 260
2003£658,071 £6,139 217
2002£635,325 £5,838 316
2001£605,687 £5,356 261
2000£533,705 £4,814 299
1999£471,162 £4,295 419
1998£399,040 £4,177 303
1997£341,496 £3,391 293
1996£339,298 £3,063 319
1995£243,503 £2,534 236
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,097,8758
2023£3,791,400 £14,917 5
2022£7,779,893 £23,214 14
2021£2,491,692 £24,751 14
2020£5,474,312 £13,930 16
2019£3,166,750 £13,511 18
2018£3,668,954 £13,123 32
2017£3,605,653 £23,752 15
2016£4,813,960 £14,718 10
2015£6,424,682 £13,435 7
2014£6,352,763 £390 8
2013£14,795,000 £9,241 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,544,7507
2023£5,540,333 £26,483 15
2022£7,331,683 £25,907 30
2021£3,605,044 £20,653 23
2020£4,427,036 £20,478 22
2019£5,037,231 £20,510 24
2018£4,844,583 £21,658 24
2017£5,630,357 £25,507 14
2016£5,628,769 £18,691 17
2015£5,315,042 £27,071 18
2014£5,360,411 £22,476 35
2013£4,198,000 £17,391 25
2012£3,784,698 £19,543 17
2011£2,391,709 £16,825 25
2010£3,163,811 £16,379 19
2009£1,876,509 £11,914 16
2008£2,383,462 £11,807 13
2007£2,714,309 £12,714 20
2006£1,637,659 £10,436 43
2005£2,077,086 £9,075 32
2004£1,613,828 £6,923 37
2003£1,645,261 £6,451 19
2002£1,526,608 £7,892 35
2001£1,477,380 £7,296 45
2000£1,828,944 £10,473 42
1999£1,191,481 £6,244 49
1998£1,013,232 £10,713 30
1997£862,206 £5,102 51
1996£615,804 £3,292 51
1995£620,812 £3,279 42
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,825,000 £22,926 2
2023£8,443,750 £25,932 4
2022£7,950,000 £26,873 8
2021£17,250,000 £25,670 1
2020£9,766,667 £26,040 3
2018£5,540,000 £17,500 2
2017£5,106,000 £21,454 1
2016£6,333,333 £20,334 3
2015£4,262,625 £31,066 2
2014£13,500,000 £40,909 1
2013£15,000,000 £33,312 1
2012£4,845,000 £19,577 5
2011£4,500,500 £18,530 2
2010£4,225,000 £22,746 2
2008£4,176,667 £13,636 3
2007£7,500,000 £18,703 1
2006£5,013,333 £10,433 6
2005£2,587,5004
2004£2,051,667 £18,766 3
2003£2,300,000 £6,780 3
2002£2,308,903 £5,993 7
2001£2,391,667 £5,693 3
2000£1,837,429 £8,990 7
1999£1,348,500 £10,831 4
1998£1,709,900 £5,738 5
1997£2,009,444 £5,449 9
1996£1,042,5004
1995£795,525 £2,782 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,725,000 £29,452 1
2022£7,300,000 £26,740 1
2019£2,750,000 £50,137 1
2018£3,700,000 £17,130 1
2013£5,000,000 £25,722 1
2011£3,570,000 £18,366 1
2008£5,000,0001
2007£2,437,500 £19,277 2
2004£5,150,0001
2002£2,017,500 £6,588 2
2001£550,000 £4,297 1
1999£3,750,0001
1998£5,155,800 £5,541 5
1997£1,725,000 £2,734 2
1996£476,833 £3,515 3
1995£150,000 £235 1

House Type in W8 5LS area

The most common house types in the W8 5LS postcode area are Flat (82), Shared house (21), and converted building (4).

Total109
Flat82
Shared house21
converted building4
Detached1
temporary structure1
Semi-detached0
Terraced0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (68), and Owned: Owns outright (22).

Private rented: Private landlord or letting agency68
Owned: Owns outright22
Owned: Owns with a mortgage or loan10
Private rented: Other private rented6
Social rented: Other social rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0

Number of People in a Household

The most houses in the W8 5LS have 1 person in household (46), and 2 people in household (24).

1 person in household46
2 people in household24
3 people in household19
4 people in household13
6 people in household7
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0