Flat 111, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 532 square feet of living space and is situated on the 1st floor of a 15-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £587,362 , which equates to approximately £1,114 per square foot. It was last sold on 16 Dec 2016 for £725,000. Since then, the value has decreased by £137,638, representing a 19.0% decrease, or approximately 2.1% per year.

The current estimated value of £587,362 is:

  • 43.9% lower than the average property price on Praed Street
  • 36.4% lower than the average in the W2 1JL postcode area
  • and 29.7% lower than the average price for London as a whole

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Terraced House
Built
2003-2006
Interior Size
532 sq ft
Tenure
Leasehold
Floor level
1st floor of 15
Price (estimate)
£587,362
Price Per sq ft (estimate)
£1,114
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 111, 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 13 Nov 2008.

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.

Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to W2 1JL

71 st / 82
Price Rank
36% lower than average
45 th / 70
Size Rank
26% smaller than average
51 st / 70
Price Per Sq FT Rank
14% lower than average

Compared to other properties in W2 1JL , this house's estimated value ranks 71th out of 82. Based on price per square foot, it ranks 51th 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 45th out of 70 properties in its postcode area.

Sale History

Today
£587,362
streetscan.co.uk estimate
-19 %
16 Dec 2016
£725,000
Leasehold
+15.1 %
23 Oct 2015
£630,000
Leasehold
+158.5 %
7 Apr 2003
£243,750
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: 517 sq ft
sale price: £575,000
sale date: 8 Nov 2019
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 111, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears three times in the Land Registry records, with the latest transaction recorded on 16 Dec 2016. It also has a single Energy Performance Certificate (EPC) from 13 Nov 2008. 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.