Flat 116, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 1996-2002. The property offers approximately 484 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 £574,405 , which equates to approximately £1,186 per square foot. It was last sold on 6 Dec 2002 for £253,552. Since then, the value has increased by £320,853, representing a 126.5% increase, or approximately 5.5% per year.

The current estimated value of £574,405 is:

  • 45.2% lower than the average property price on Praed Street
  • 42.4% lower than the average in the W2 1JE postcode area
  • and 31.3% lower than the average price for London as a whole

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£574,405
Price Per sq ft (estimate)
£1,186
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 116, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Oct 2018.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Oct 2008, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 35.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to very poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, standard tariff.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to W2 1JE

92 nd / 104
Price Rank
42% lower than average
80 th / 90
Size Rank
37% smaller than average
68 th / 90
Price Per Sq FT Rank
9% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 92th out of 104. Based on price per square foot, it ranks 68th 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 80th out of 90 properties in its postcode area.

Sale History

Today
£574,405
streetscan.co.uk estimate
+127 %
6 Dec 2002
£253,552
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: 549 sq ft
sale price: £559,000
sale date: 1 Mar 2023
rooms: 2
size: 506 sq ft
sale price: £620,000
sale date: 5 Jun 2018

Data Sources

The property at Flat 116, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JE appears once in the Land Registry records, with the transaction recorded on 6 Dec 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Oct 2018. 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.