Flat 205, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 829 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £906,082 , which equates to approximately £1,093 per square foot. It was last sold on 4 Oct 2006 for £499,950. Since then, the value has increased by £406,132, representing a 81.2% increase, or approximately 4.2% per year.

The current estimated value of £906,082 is:

  • 13.5% lower than the average property price on Praed Street
  • 1.8% lower than the average in the W2 1JL postcode area
  • and 8.4% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 22 August 2023, the property was recorded as rented.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
829 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£906,082
Price Per sq ft (estimate)
£1,093
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 205, 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 22 Aug 2023.

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 31 Jan 2013, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to air source heat pump, warm air, electric, changing energy efficiency from good to average.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • 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

32 nd / 82
Price Rank
2% lower than average
23 rd / 70
Size Rank
16% bigger than average
54 th / 70
Price Per Sq FT Rank
15% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 32th out of 82. Based on price per square foot, it ranks 54th 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 23th out of 70 properties in its postcode area.

Sale History

Today
£906,082
streetscan.co.uk estimate
+81 %
4 Oct 2006
£499,950
Leasehold
+42.8 %
24 Jun 2003
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 947 sq ft
sale price: £1,100,000
sale date: 24 May 2023
rooms: 3
size: 786 sq ft
sale price: £890,000
sale date: 31 Jan 2020
rooms: 2
size: 840 sq ft
sale price: £985,000
sale date: 15 Oct 2014
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

Data Sources

The property at Flat 205, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 4 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Aug 2023. 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.