Flat 201, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 1976-1982. The property offers approximately 1,098 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,250,646 , which equates to approximately £1,139 per square foot. It was last sold on 30 Mar 2016 for £1,450,000. Since then, the value has decreased by £199,354, representing a 13.7% decrease, or approximately 1.4% per year.

The current estimated value of £1,250,646 is:

  • 19.4% higher than the average property price on Praed Street
  • 35.5% higher than the average in the W2 1JL postcode area
  • and 49.7% higher than the average price for London as a whole

At the most recent EPC inspection on 26 May 2022, the property was recorded as rented.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
1098 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£1,250,646
Price Per sq ft (estimate)
£1,139
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 201, 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 26 May 2022.

This property uses electric underfloor heating as its main heating source. Hot water is provided by a gas boiler or circulator. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Oct 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 23.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, off-peak to gas boiler/circulator, with its energy efficiency improving from poor to average.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • 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
Electric underfloor heating
Poor
Hot Water
Gas boiler/circulator
Average
Walls
System built, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

12 th / 82
Price Rank
36% higher than average
6 th / 70
Size Rank
54% bigger than average
46 th / 70
Price Per Sq FT Rank
12% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 12th out of 82. Based on price per square foot, it ranks 46th out of 70 properties. In terms of size, this home ranks 6th out of 70 properties in its postcode area.

Sale History

Today
£1,250,646
streetscan.co.uk estimate
-14 %
30 Mar 2016
£1,450,000
Leasehold
+212.7 %
2 Jul 2003
£463,750
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 206, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 4
size: 947 sq ft
sale price: £1,100,000
sale date: 24 May 2023
Flat 102, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 3
size: 1023 sq ft
sale price: £830,000
sale date: 19 Feb 2021
Flat 316, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 4
size: 980 sq ft
sale price: £1,250,000
sale date: 19 Dec 2018
Flat 312, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 4
size: 1023 sq ft
sale price: £1,250,000
sale date: 11 Jan 2017
Flat 401, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 4
size: 1076 sq ft
sale price: £1,625,000
sale date: 5 Feb 2016

Data Sources

The property at Flat 201, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 30 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 May 2022. 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.
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