Flat 203, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built in 2012 onwards. The property offers approximately 603 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £488,953 , which equates to approximately £811 per square foot. It was last sold on 8 Jul 2003 for £214,500. Since then, the value has increased by £274,453, representing a 128.0% increase, or approximately 5.7% per year.

The current estimated value of £488,953 is:

  • 53.3% lower than the average property price on Praed Street
  • 47.0% lower than the average in the W2 1JL postcode area
  • and 41.5% lower than the average price for London as a whole

At the most recent EPC inspection on 3 August 2021, the property was recorded as owner-occupied.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£488,953
Price Per sq ft (estimate)
£811
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 203, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Aug 2021.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. 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 10 Aug 2011. The rating of D is unchanged, though the energy efficiency score decreased by 1.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, electricaire to community scheme, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, with internal insulation, improving energy efficiency from good to very good.
  • 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
Community scheme
Good
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, with internal insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

81 st / 82
Price Rank
47% lower than average
39 th / 70
Size Rank
16% smaller than average
70 th / 70
Price Per Sq FT Rank
37% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 81th out of 82. Based on price per square foot, it ranks 70th 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 39th out of 70 properties in its postcode area.

Sale History

Today
£488,953
streetscan.co.uk estimate
+128 %
8 Jul 2003
£214,500
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: 3
size: 689 sq ft
sale price: £925,000
sale date: 1 Dec 2017
rooms: 2
size: 532 sq ft
sale price: £725,000
sale date: 16 Dec 2016

Data Sources

The property at Flat 203, 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 8 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Aug 2021. 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.