Flat 216, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 452 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 £658,146 , which equates to approximately £1,456 per square foot. It was last sold on 1 Apr 2003 for £295,000. Since then, the value has increased by £363,146, representing a 123.1% increase, or approximately 5.4% per year.

The current estimated value of £658,146 is:

  • 37.2% lower than the average property price on Praed Street
  • 28.7% lower than the average in the W2 1JL postcode area
  • and 21.2% lower than the average price for London as a whole

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£658,146
Price Per sq ft (estimate)
£1,456
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 216, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 28 Jan 2020.

This property uses an Electricaire warm air system 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 29 Oct 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 16.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to warm air, electricaire, improving energy efficiency from poor to average.
  • 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 roof construction or insulation changed from flat, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
Heating Type
Warm air, Electricaire
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W2 1JL

57 th / 82
Price Rank
29% lower than average
61 st / 70
Size Rank
37% smaller than average
9 th / 70
Price Per Sq FT Rank
13% higher than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 57th out of 82. Based on price per square foot, it ranks 9th out of 70 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 61th out of 70 properties in its postcode area.

Sale History

Today
£658,146
streetscan.co.uk estimate
+123 %
1 Apr 2003
£295,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 466 sq ft
sale price: £590,000
sale date: 30 Sep 2022
rooms: 2
size: 441 sq ft
sale price: £571,250
sale date: 29 Jun 2021
rooms: 2
size: 517 sq ft
sale price: £575,000
sale date: 8 Nov 2019
rooms: 2
size: 452 sq ft
sale price: £585,000
sale date: 13 Sep 2017
rooms: 2
size: 441 sq ft
sale price: £593,000
sale date: 10 Feb 2016

Data Sources

The property at Flat 216, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JL appears once in the Land Registry records, with the transaction recorded on 1 Apr 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jan 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.