Flat 104, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built in 2007 onwards. The property offers approximately 517 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £506,663 , which equates to approximately £981 per square foot. It was last sold on 8 Nov 2019 for £575,000. Since then, the value has decreased by £68,337, representing a 11.9% decrease, or approximately 1.9% per year.

The current estimated value of £506,663 is:

  • 51.6% lower than the average property price on Praed Street
  • 45.1% lower than the average in the W2 1JL postcode area
  • and 39.4% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 15 September 2020, the property was recorded as rented.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£506,663
Price Per sq ft (estimate)
£981
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 104, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 15 Sep 2020.

This property is heated by an air source heat pump with warm air heating. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Sep 2020, and the property received the same rating of B with an unchanged energy efficiency score of 84.

Heating Type
Air source heat pump, warm air, electric
Poor
Hot Water
From main system
Poor
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

80 th / 82
Price Rank
45% lower than average
47 th / 70
Size Rank
28% smaller than average
66 th / 70
Price Per Sq FT Rank
24% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 80th out of 82. Based on price per square foot, it ranks 66th 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 47th out of 70 properties in its postcode area.

Sale History

Today
£506,663
streetscan.co.uk estimate
-12 %
8 Nov 2019
£575,000
Leasehold
+173.8 %
7 Jul 2003
£210,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 466 sq ft
sale price: £590,000
sale date: 30 Sep 2022
rooms: 2
size: 560 sq ft
sale price: £605,000
sale date: 1 Jul 2022
rooms: 2
size: 441 sq ft
sale price: £571,250
sale date: 29 Jun 2021
rooms: 1
size: 581 sq ft
sale price: £560,000
sale date: 2 Jul 2018
rooms: 2
size: 452 sq ft
sale price: £585,000
sale date: 13 Sep 2017

Data Sources

The property at Flat 104, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 8 Nov 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Sep 2020. 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.