Flat 117, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 495 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 £441,106 , which equates to approximately £891 per square foot. It was last sold on 15 Aug 2014 for £500,000. Since then, the value has decreased by £58,894, representing a 11.8% decrease, or approximately 1.0% per year.

The current estimated value of £441,106 is:

  • 57.9% lower than the average property price on Praed Street
  • 52.2% lower than the average in the W2 1JL postcode area
  • and 47.2% lower than the average price for London as a whole

At the most recent EPC inspection on 14 July 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
495 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£441,106
Price Per sq ft (estimate)
£891
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 117, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Jul 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 4 Nov 2011. The rating of B remains the same, but the energy efficiency score improved by 3.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Warm air, Electricaire
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

66 th / 82
Price Rank
52% lower than average
53 rd / 70
Size Rank
31% smaller than average
28 th / 70
Price Per Sq FT Rank
31% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 66th out of 82. Based on price per square foot, it ranks 28th out of 70 properties. In terms of size, this home ranks 53th out of 70 properties in its postcode area.

Sale History

Today
£441,106
streetscan.co.uk estimate
-12 %
15 Aug 2014
£500,000
Leasehold
+81.8 %
12 Mar 2003
£275,000
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 117, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 15 Aug 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jul 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.