Flat 116, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built in 2012 onwards. The property offers approximately 506 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £656,975 , which equates to approximately £1,299 per square foot. It was last sold on 12 Mar 2003 for £290,000. Since then, the value has increased by £366,975, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £656,975 is:

  • 37.3% lower than the average property price on Praed Street
  • 28.8% lower than the average in the W2 1JL postcode area
  • and 21.4% lower than the average price for London as a whole

At the most recent EPC inspection on 24 May 2021, the property was recorded as rented.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£656,975
Price Per sq ft (estimate)
£1,299
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 116, 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 24 May 2021.

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 19 Oct 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 1.2%.

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 energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
  • The lighting was updated from no low energy lighting to low energy lighting in 75% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to W2 1JL

60 th / 82
Price Rank
29% lower than average
50 th / 70
Size Rank
29% smaller than average
20 th / 70
Price Per Sq FT Rank
1% higher than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 60th out of 82. Based on price per square foot, it ranks 20th out of 70 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 50th out of 70 properties in its postcode area.

Sale History

Today
£656,975
streetscan.co.uk estimate
+127 %
12 Mar 2003
£290,000
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: 2
size: 517 sq ft
sale price: £575,000
sale date: 8 Nov 2019
rooms: 2
size: 452 sq ft
sale price: £585,000
sale date: 13 Sep 2017

Data Sources

The property at Flat 116, 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 12 Mar 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 May 2021. 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.