Flat 105, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 2003-2006. The property offers approximately 549 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 £424,308 , which equates to approximately £773 per square foot. It was last sold on 1 Mar 2023 for £559,000. Since then, the value has decreased by £134,692, representing a 24.1% decrease, or approximately 8.6% per year.

The current estimated value of £424,308 is:

  • 59.5% lower than the average property price on Praed Street
  • 57.4% lower than the average in the W2 1JE postcode area
  • and 49.2% 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 16 September 2022, the property was recorded as rented.

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£424,308
Price Per sq ft (estimate)
£773
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 105, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London, W2 1JE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Sep 2022.

This property uses electric underfloor heating 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 11 Jul 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric underfloor heating
Very 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 1JE

81 st / 104
Price Rank
57% lower than average
68 th / 90
Size Rank
28% smaller than average
73 rd / 90
Price Per Sq FT Rank
41% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 81th out of 104. Based on price per square foot, it ranks 73th out of 90 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 68th out of 90 properties in its postcode area.

Sale History

Today
£424,308
streetscan.co.uk estimate
-24 %
1 Mar 2023
£559,000
Leasehold
+80.3 %
16 Aug 2005
£310,000
Leasehold
+12.7 %
22 Nov 2002
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £540,000
sale date: 1 Aug 2024
rooms: 2
size: 517 sq ft
sale price: £530,000
sale date: 6 Jun 2024
rooms: 2
size: 549 sq ft
sale price: £545,000
sale date: 24 Aug 2023
rooms: 2
size: 592 sq ft
sale price: £560,000
sale date: 17 Mar 2023
rooms: 2
size: 506 sq ft
sale price: £620,000
sale date: 5 Jun 2018

Data Sources

The property at Flat 105, Peninsula Apartments, 4 Praed Street, London, W2 1JE appears three times in the Land Registry records, with the latest transaction recorded on 1 Mar 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 2022. 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.