Flat 118, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 1996-2002. The property offers approximately 560 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 £702,284 , which equates to approximately £1,255 per square foot. It was last sold on 12 Mar 2003 for £310,000. Since then, the value has increased by £392,284, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £702,284 is:

  • 32.9% lower than the average property price on Praed Street
  • 23.9% lower than the average in the W2 1JL postcode area
  • and 16.0% lower than the average price for London as a whole

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£702,284
Price Per sq ft (estimate)
£1,255
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 118, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 May 2020.

This property is heated by an air source heat pump with warm air heating. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Nov 2009. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to air source heat pump, warm air, electric, improving energy efficiency from poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • 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
Air source heat pump, warm air, electric
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

48 th / 82
Price Rank
24% lower than average
42 nd / 70
Size Rank
22% smaller than average
29 th / 70
Price Per Sq FT Rank
3% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 48th out of 82. Based on price per square foot, it ranks 29th out of 70 properties. In terms of size, this home ranks 42th out of 70 properties in its postcode area.

Sale History

Today
£702,284
streetscan.co.uk estimate
+127 %
12 Mar 2003
£310,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 532 sq ft
sale price: £725,000
sale date: 16 Dec 2016
rooms: 2
size: 495 sq ft
sale price: £500,000
sale date: 15 Aug 2014

Data Sources

The property at Flat 118, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, 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 22 May 2020. 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.