Flat 218, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 2003-2006. The property offers approximately 786 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 £769,930 , which equates to approximately £980 per square foot. It was last sold on 20 Sep 2024 for £900,000. Since then, the value has decreased by £130,070, representing a 14.5% decrease, or approximately 11.6% per year.

The current estimated value of £769,930 is:

  • 26.5% lower than the average property price on Praed Street
  • 22.8% lower than the average in the W2 1JE postcode area
  • and 7.9% lower than the average price for London as a whole

At the most recent EPC inspection on 23 May 2022, the property was recorded as rented.

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£769,930
Price Per sq ft (estimate)
£980
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 218, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London, W2 1JE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 May 2022.

This property uses electric room heaters 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 13 Jun 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

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 average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
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 1JE

56 th / 104
Price Rank
23% lower than average
32 nd / 90
Size Rank
3% bigger than average
63 rd / 90
Price Per Sq FT Rank
25% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 56th out of 104. Based on price per square foot, it ranks 63th out of 90 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 32th out of 90 properties in its postcode area.

Sale History

Today
£769,930
streetscan.co.uk estimate
-14 %
20 Sep 2024
£900,000
Leasehold
+116 %
10 Feb 2003
£416,612
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £850,000
sale date: 11 May 2023
rooms: 3
size: 850 sq ft
sale price: £1,000,000
sale date: 22 Apr 2022
rooms: 3
size: 840 sq ft
sale price: £960,000
sale date: 12 Apr 2019
rooms: 4
size: 840 sq ft
sale price: £1,225,000
sale date: 31 Mar 2016
rooms: 3
size: 861 sq ft
sale price: £825,000
sale date: 26 Feb 2013

Data Sources

The property at Flat 218, Peninsula Apartments, 4 Praed Street, London, W2 1JE appears two times in the Land Registry records, with the latest transaction recorded on 20 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 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.