Flat 1109, Balmoral Apartments, 2 Praed Street, London, W2 1JN is a leasehold flat built between 2003-2006. The property offers approximately 818 square feet of living space and is situated on the 11th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £948,766 , which equates to approximately £1,160 per square foot. It was last sold on 29 Mar 2016 for £1,100,000. Since then, the value has decreased by £151,234, representing a 13.7% decrease, or approximately 1.4% per year.

The current estimated value of £948,766 is:

  • 9.4% lower than the average property price on Praed Street
  • 25.7% lower than the average in the W2 1JN postcode area
  • and 13.5% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 29 July 2019, the property was recorded as owner-occupied.

View sold house prices in W2 1JN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
11th floor
Price (estimate)
£948,766
Price Per sq ft (estimate)
£1,160
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1109, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 29 Jul 2019.

This property uses an electric boiler with underfloor heating as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 May 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from warm air, electric to boiler and underfloor heating, electric, with no change in energy efficiency (average).
  • The hot water system changed from from main system to from main system, no cylinder thermostat, with no change in energy efficiency (poor).
  • The roof construction or insulation changed from flat, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, 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 25% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and underfloor heating, electric
Average
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to W2 1JN

28 th / 67
Price Rank
26% lower than average
16 th / 53
Size Rank
2% bigger than average
42 nd / 53
Price Per Sq FT Rank
27% lower than average

Compared to other properties in W2 1JN , this flat's estimated value ranks 28th out of 67. Based on price per square foot, it ranks 42th out of 53 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 16th out of 53 properties in its postcode area.

Sale History

Today
£948,766
streetscan.co.uk estimate
-14 %
29 Mar 2016
£1,100,000
Leasehold
+63 %
24 Aug 2009
£675,000
Leasehold
+37.8 %
20 Nov 2003
£490,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £1,275,000
sale date: 31 Oct 2019
rooms: 4
size: 761 sq ft
sale price: £1,495,000
sale date: 23 Jun 2016
rooms: 3
size: 872 sq ft
sale price: £1,550,000
sale date: 9 Jan 2015
rooms: 3
size: 872 sq ft
sale price: £850,000
sale date: 9 Jan 2014
rooms: 2
size: 889 sq ft
sale price: £800,000
sale date: 12 Dec 2011

Data Sources

The property at Flat 1109, Balmoral Apartments, 2 Praed Street, London, W2 1JN appears three times in the Land Registry records, with the latest transaction recorded on 29 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jul 2019. 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.