Flat 120, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 667 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £775,910 , which equates to approximately £1,163 per square foot. It was last sold on 27 Mar 2003 for £342,500. Since then, the value has increased by £433,410, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £775,910 is:

  • 25.9% lower than the average property price on Praed Street
  • 15.9% lower than the average in the W2 1JL postcode area
  • and 7.1% lower than the average price for London as a whole

At the most recent EPC inspection on 15 December 2020, the property was recorded as owner-occupied.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
667 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£775,910
Price Per sq ft (estimate)
£1,163
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 120, 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 15 Dec 2020.

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 27 Aug 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 12.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, electric to electric underfloor heating, changing energy efficiency from average to very poor.
  • 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 average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from 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)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

41 st / 82
Price Rank
16% lower than average
34 th / 70
Size Rank
7% smaller than average
40 th / 70
Price Per Sq FT Rank
10% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 41th out of 82. Based on price per square foot, it ranks 40th out of 70 properties. In terms of size, this home ranks 34th out of 70 properties in its postcode area.

Sale History

Today
£775,910
streetscan.co.uk estimate
+127 %
27 Mar 2003
£342,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 581 sq ft
sale price: £560,000
sale date: 2 Jul 2018
rooms: 3
size: 689 sq ft
sale price: £925,000
sale date: 1 Dec 2017
rooms: 3
size: 667 sq ft
sale price: £835,000
sale date: 15 Sep 2015
rooms: 2
size: 570 sq ft
sale price: £465,000
sale date: 15 Oct 2008
rooms: 3
size: 624 sq ft
sale price: £350,000
sale date: 18 Apr 2006

Data Sources

The property at Flat 120, 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 27 Mar 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Dec 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.