Flat 202, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 840 square feet of living space and is situated on the 2nd floor of a 18-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £863,787 , which equates to approximately £1,029 per square foot. It was last sold on 15 Oct 2014 for £985,000. Since then, the value has decreased by £121,213, representing a 12.3% decrease, or approximately 1.1% per year.

The current estimated value of £863,787 is:

  • 17.5% lower than the average property price on Praed Street
  • 6.4% lower than the average in the W2 1JL postcode area
  • and 3.4% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 July 2010, 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
840 sq ft
Tenure
Leasehold
Floor level
2nd floor of 18
Price (estimate)
£863,787
Price Per sq ft (estimate)
£1,029
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 202, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Jul 2010.

This property uses electric room heaters 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 15 Jul 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W2 1JL

29 th / 82
Price Rank
6% lower than average
21 st / 70
Size Rank
17% bigger than average
47 th / 70
Price Per Sq FT Rank
20% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 29th out of 82. Based on price per square foot, it ranks 47th out of 70 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 21th out of 70 properties in its postcode area.

Sale History

Today
£863,787
streetscan.co.uk estimate
-12 %
15 Oct 2014
£985,000
Leasehold
+33.1 %
14 Apr 2011
£740,000
Leasehold
+127.7 %
27 Jun 2003
£325,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 786 sq ft
sale price: £890,000
sale date: 31 Jan 2020
rooms: 3
size: 868 sq ft
sale price: £780,000
sale date: 5 Nov 2009
rooms: 2
size: 840 sq ft
sale price: £192,341
sale date: 4 Oct 2007
rooms: 3
size: 829 sq ft
sale price: £499,950
sale date: 4 Oct 2006
rooms: 3
size: 797 sq ft
sale price: £470,000
sale date: 24 Aug 2006

Data Sources

The property at Flat 202, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears three times in the Land Registry records, with the latest transaction recorded on 15 Oct 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2010. 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.