Flat 107, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 1,206 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,215,897 , which equates to approximately £1,009 per square foot. It was last sold on 10 Apr 2003 for £545,000. Since then, the value has increased by £670,897, representing a 123.1% increase, or approximately 5.4% per year.

The current estimated value of £1,215,897 is:

  • 16.1% higher than the average property price on Praed Street
  • 31.7% higher than the average in the W2 1JL postcode area
  • and 45.5% higher than the average price for London as a whole

At the most recent EPC inspection on 16 August 2023, the property was recorded as rented.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1206 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£1,215,897
Price Per sq ft (estimate)
£1,009
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 107, 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 16 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 24 Sep 2013, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 52%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, while the heating system type remained the same (warm air, electricaire).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Warm air, Electricaire
Average
Hot Water
Electric immersion, off-peak
Average
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

16 th / 82
Price Rank
32% higher than average
3 rd / 70
Size Rank
69% bigger than average
63 rd / 70
Price Per Sq FT Rank
22% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 16th out of 82. Based on price per square foot, it ranks 63th 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 3rd out of 70 properties in its postcode area.

Sale History

Today
£1,215,897
streetscan.co.uk estimate
+123 %
10 Apr 2003
£545,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1367 sq ft
sale price: £1,700,000
sale date: 21 Mar 2023
rooms: 4
size: 1098 sq ft
sale price: £1,450,000
sale date: 30 Mar 2016
rooms: 4
size: 1076 sq ft
sale price: £1,625,000
sale date: 5 Feb 2016
rooms: 4
size: 1227 sq ft
sale price: £1,550,000
sale date: 21 Jan 2016
rooms: 4
size: 1055 sq ft
sale price: £950,000
sale date: 20 Nov 2009

Data Sources

The property at Flat 107, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL appears once in the Land Registry records, with the transaction recorded on 10 Apr 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 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.