Property profile

Flat 229 Palace Gate

Map showing Flat 2, 29 Palace Gate, London

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£2,850,000

Flats sold in Queen's Gate

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold26 Feb 1999
£600,000Change since last sale: +£2,251,000 (+375%)
Annualised change
+5.8% per yearKensington and Chelsea annualised change (flats) since 1999: +5.3% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £1,133 per sq ft
£1,204 per sq ftEstimate vs local median: +£71 per sq ft (+6.3%)
Local sold pricesMedian for flats in Queen's Gate
£975,000Estimate vs local median: +£1,876,000 (+192%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Mid-Terrace
TenureLeasehold
Construction periodbefore 1900
Floor area220 m² / 2,368 sq ft
Rooms8 habitable / 8 heated
Floor level1
EPC ratingC
EPC inspection10 May 2022

Sales history

DatePriceChange
26 Feb 1999£600,000-

Local market

Property prices in Queen's Gate

Median price£1,150,000
Price per sq ft£1,301
Sales (last 12 months)81
Typical range (middle 50%)£690K – £2.0M

Based on 81 recent sales, the median property price is £1,150,000 (about £1,301 per square foot) in Queen's Gate area, with individual transactions ranging from £300,000 up to £15,100,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Queen's Gate over the last year.
TypeSalesMedian£/sq ft
Detached1£15,100,000£3,498
Semi-Detached2£6,079,750£2,034
Terraced11£4,000,000£2,122
Flats67£975,000£1,133

10-year price trendmedian sale price in Queen's Gate

Sale price

Ten year median sale price trend for each property type in Queen's Gate.
YearFlatsSemi-DetachedTerraced
2016£1,490,000£6,350,000£7,600,000
2017£1,275,000£5,106,000£3,325,000
2018£1,731,900£7,300,000£2,837,500
2019£1,400,000£4,100,000
2020£1,416,500£10,350,000£3,475,000
2021£1,200,000£17,250,000£3,000,000
2022£1,675,000£7,350,000£6,050,000
2023£1,350,000£7,700,000£4,400,000
2024£1,275,000£5,250,000£2,300,000
2025£1,361,500£2,954,750£2,526,200
2026£690,000£10,250,000£8,500,000
Ten year median sale price trend for each property type in Queen's Gate.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Queen's Gate.
YearFlatsSemi-DetachedTerraced
2016£1,688£2,028
2017£1,463£1,993£1,821
2018£1,639£2,293
2019£1,401£1,804
2020£1,406£2,398£1,520
2021£1,346£2,385£1,567
2022£1,513£2,566£2,008
2023£1,325£2,300£2,065
2024£1,437£2,130£1,702
2025£1,253£1,704£1,804
2026£994£2,638£2,181
Ten year median sale price per square foot trend for each property type in Queen's Gate.

Price distribution by property typelast 12 months

Price distribution by property type for Queen's Gate in the last year.

Recent sales

There were 49 recent sold properties in the last 18 months near W8 5LY.

Recent sold properties in the last 18 months near W8 5LY
DateAddressTypeTenurePriceMap
15 Sept 2025Flat 2, 31, De Vere Gardens, London, W8 5AWFlatsLeasehold£1,750,000
23 Jun 2025Flat 3, 17, De Vere Gardens, London, W8 5ANFlatsLeasehold£1,900,000
11 Jun 2025Flat 5, 25, De Vere Gardens, London, W8 5ANFlatsLeasehold£2,950,000
10 Apr 20261A, Palace Gate, London, W8 5LSOtherFreehold£6,500,000
27 Feb 2026Flat 1, 19, Palace Gate, London, W8 5LSFlatsLeasehold£445,000

Other properties at this postcode

AddressTenureFloor areaLast sale
Flat 1, 29 Palace Gate, London, LondonLeasehold195 m²£3,665,000 (2023)
Flat 4, 29, Palace Gate, LondonLeasehold265 m²£6,300,000 (2018)
Flat 5, 29 Palace Gate, London-263 m²-
Flat 9, 29, Palace Gate, LondonLeasehold259 m²£6,000,000 (2020)
Flat 10, 29, Palace Gate, LondonLeasehold272 m²£1,100,000 (1998)
Flat 11, 29 Palace Gate, London, LondonLeasehold240 m²£6,150,000 (2022)
Flat 12, 29, Palace Gate, London-297 m²-
Flat A, 29, Palace Gate, LondonLeasehold124 m²£1,575,000 (2021)
Flat B, 29, Palace Gate, LondonLeasehold97 m²£864,000 (2021)

Area insights for W8 5LY

Full area profile →

Overview

Postcode W8 5LY is located in a major urban area, within the Queen's Gate ward of Kensington and Chelsea in the London region, and forms part of the Queen's Gate area. It has low deprivation and average crime levels, with around 60 crimes per 1,000 residents per year, about 54% below the London average of 130 per 1,000. The average income per household in Queen's Gate is £90,095 per year. The nearest station is High Street Kensington, about 0.3 miles away. There are 5 primary and 1 secondary schools in the area. There are 2 parks nearby, the closest large park is Kensington Gardens.

Crime rate
5/10
Crimes per 1k residents
60
Deprivation level
3/10
Income level
9/10
Social housing
2.4%
Connectivity
9/10
Flood Risk
No risk
Noise Level
Low

Deprivation level

3/10

Queen's Gate has a low level of deprivation, ranked at position 26,484 out of 32,844 areas in the United Kingdom, placing it within the bottom 19% least deprived areas in England.

Crime level

5/10

Queen's Gate has an average crime rate, with approximately 60 reported incidents per 1,000 population each year.

Social housing

2.4%

Approximately 2.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 4.5% of dwellings are socially rented.

Income level

9/10

The average income per household in Queen's Gate is £90,095 per year.

Noise Level

Low

Low noise level (55.0-59.9 dB) from road, approximately 240 ft away from W8 5LY.

Flood risk

No risk

Queen's Gate near W8 5LY has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

9/10

The nearest station is High Street Kensington located about 0.3 miles away. There are 5 stations nearby.

Nearby public transport stations for W8 5LY
DistanceZoneNameLinesDirections
0.3 mi

1

High Street Kensington

Circle, District

Walking directions to High Street Kensington
0.4 mi

1

Gloucester Road

Circle, District, Piccadilly

Walking directions to Gloucester Road
0.6 mi

1

South Kensington

Circle, District, Piccadilly

Walking directions to South Kensington

Parks

Nearby parks and green spaces for W8 5LY
DistanceNameSizeDirections
0.5 miKensington GardensLargeWalking directions to Kensington Gardens
0.4 miSt Mary Abbots GardensSmallWalking directions to St Mary Abbots Gardens

Area Profile

Population
234
Population density
19,661 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
21.96(-18%)
Violence and sexual offences
21.11(-32%)
Other theft
10.98(-4%)
Theft from the person
8.45(-10%)
Vehicle crime
5.91(-37%)
London average

Demographics

Ethnic groups

British
78
33.77%
Other White
77
33.33%
Arab
19
8.23%
Other
14
6.06%
Chinese
11
4.76%
Total population: 231

Economics

Education (age 16+)

Level 4+ (Degree)
154
77%
Level 3 (A level)
24
12%
No qualifications
9
4.5%
Level 2 (GCSEs 9-4)
6
3%
Level 1 (GCSEs 3-1)
3
1.5%
Total 16+ residents: 200

Housing

Housing tenure

Private landlord or letting agency
54
43.2%
Owns outright
36
28.8%
Owns with a mortgage
20
16%
Other forms of private rent
10
8%
Shared ownership
2
1.6%
Total households: 125

Schools

In the W8 5LY postcode area, located within Queen's Gate, there are 5 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for W8 5LY
DistancePhaseNameTypeRating
0.2 miNot applicableThomas's KensingtonOther independent school

N/A

0.3 miNot applicableRoyal College of ArtHigher education institutions

N/A

0.3 miNot applicableAshbourne CollegeOther independent school

Outstanding

Local amenities

15 nearby supermarkets & convenience stores within mi of W8 5LY

Nearby supermarkets & convenience stores for W8 5LY
DistanceNameAddressDirections
0.1 miRoss Food & WineGloucester Road, Kensington and Chelsea, SW7 4RBWalking directions to Ross Food & Wine
0.1 miPartridgesGloucester Road, Kensington and Chelsea, SW7 5PLWalking directions to Partridges
0.1 miBerry's News & WinesGloucester Road, Kensington and Chelsea, SW7 4QTWalking directions to Berry's News & Wines
0.2 miLocal SupermarketThackeray Street, Kensington and Chelsea, W8 5HAWalking directions to Local Supermarket
0.2 miPortland Food & WineKensington High Street, Kensington and Chelsea, W8 5NPWalking directions to Portland Food & Wine