Flat 103, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2007-2011. The property offers approximately 646 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £642,522 , which equates to approximately £995 per square foot. It was last sold on 27 Apr 2004 for £295,000. Since then, the value has increased by £347,522, representing a 117.8% increase, or approximately 5.4% per year.

The current estimated value of £642,522 is:

  • 38.7% lower than the average property price on Praed Street
  • 30.4% lower than the average in the W2 1JL postcode area
  • and 23.1% lower than the average price for London as a whole

At the most recent EPC inspection on 24 August 2023, the property was recorded as rented.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£642,522
Price Per sq ft (estimate)
£995
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 103, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Aug 2023.

This property uses an Electricaire warm air system as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Oct 2013. The rating of C is unchanged, though the energy efficiency score decreased by 10%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, warm air, electric to warm air, electricaire, changing energy efficiency from good to poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 16% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Warm air, Electricaire
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

61 st / 82
Price Rank
30% lower than average
37 th / 70
Size Rank
10% smaller than average
65 th / 70
Price Per Sq FT Rank
23% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 61th out of 82. Based on price per square foot, it ranks 65th out of 70 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 37th out of 70 properties in its postcode area.

Sale History

Today
£642,522
streetscan.co.uk estimate
+118 %
27 Apr 2004
£295,000
Leasehold
+41.8 %
14 Jul 2003
£208,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £605,000
sale date: 1 Jul 2022
rooms: 1
size: 581 sq ft
sale price: £560,000
sale date: 2 Jul 2018
rooms: 3
size: 689 sq ft
sale price: £925,000
sale date: 1 Dec 2017
rooms: 3
size: 667 sq ft
sale price: £835,000
sale date: 15 Sep 2015
rooms: 2
size: 570 sq ft
sale price: £465,000
sale date: 15 Oct 2008

Data Sources

The property at Flat 103, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 27 Apr 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Aug 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.