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£191,000 below fair value

W8 4RP

Palace Gardens Terrace, London, W8

2 Beds
2 Baths
82 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £1,500,000
Price per m² £18,293 / m²

An immaculate two bedroom apartment with exceptional entertaining space and a private patio garden situated in this white stucco fronted building.

Description

This property offers a rare opportunity to acquire 887 sq ft of lateral accommodation with an east facing patio garden and benefits from its own secluded entrance.

The property is situated on the lower ground floor of an attractive white stucco-fronted period conversion and has been stylishly refurbished to offer excellent living & entertaining space.

The apartment benefits from two bedrooms, one large double bedroom with a dressing room and en suite bathroom plus another good size double bedroom which leads onto the patio garden. The living accommodation has been well thought out with a good size reception/dining room and a separate kitchen next to the entrance of the flat. There is also shower room next to the kitchen.

The apartment further benefits from an abundance of natural light and ample storage throughout.

Location

Palace Gardens Terrace is considered to be one of Kensington’s finest residential addresses. It is a wide, quiet, cherry tree-lined street to the west of and running parallel with Kensington Palace Gardens. Palace Gardens Terrace is located between Kensington High Street and Notting Hill Gate; both of which offer a wide selection of excellent local amenities and transport links, including close proximity to Kensington Gardens.

Square Footage: 887 sq ft
Leasehold with approximately 980 years remaining.


Additional Info

Service charge: £4,754 per annum

Ground rent: peppercorn

How the asking price has moved

May 2026
£1,500,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
Flat 1, 16, 16 PALACE GARDENS TERRACE, W8 4RP £1,120,000 Apr 2026 Flat
Flat 4, 40, 40 PALACE GARDENS TERRACE, W8 4RP £875,000 Oct 2025 Flat
Flat 4, 24, 24 PALACE GARDENS TERRACE, W8 4RP £3,325,000 Aug 2025 Flat
6 PALACE GARDENS TERRACE, W8 4RP £9,400,000 Jul 2025 Terraced
Flat 5, 26, 26 PALACE GARDENS TERRACE, W8 4RP £850,000 Dec 2024 Flat
8 PALACE GARDENS TERRACE, W8 4RP £987,500 Mar 2024 Flat
Flat 3, 26, 26 PALACE GARDENS TERRACE, W8 4RP £800,000 Apr 2023 Flat
Flat 4, 20, 20 PALACE GARDENS TERRACE, W8 4RP £740,000 Mar 2023 Flat
Flat 1, 26, 26 PALACE GARDENS TERRACE, W8 4RP £1,275,000 Jan 2023 Flat
5 40 PALACE GARDENS TERRACE, W8 4RP £840,000 Apr 2022 Flat
Flat 4, 26, 26 PALACE GARDENS TERRACE, W8 4RP £1,060,000 Dec 2021 Flat
Flat 4, 8, 8 PALACE GARDENS TERRACE, W8 4RP £2,435,000 Sep 2021 Flat
Flat 1, 16, 16 PALACE GARDENS TERRACE, W8 4RP £1,270,000 Sep 2020 Flat
Flat 1, 20, 20 PALACE GARDENS TERRACE, W8 4RP £1,998,500 Jun 2020 Flat
38 PALACE GARDENS TERRACE, W8 4RP £10,500,000 Aug 2018 Terraced
Source: HM Land Registry · W8 4RP · Sorted by date

Palace Gardens Terrace, London, W8

Our fair price estimate
£1,691,000
Nearby sold prices per m² × UK HPI × 82 m² floor area (EPC-declared)
Asking price £1,500,000
Fair price £1,691,000
Difference ↓ £191,000 under
Price per m² £18,293 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 82 m². Updated daily.