Flat 219, Balmoral Apartments, 2 Praed Street, London, W2 1JL 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 £814,316 , which equates to approximately £1,036 per square foot. It was last sold on 1 Apr 2003 for £365,000. Since then, the value has increased by £449,316, representing a 123.1% increase, or approximately 5.4% per year.

The current estimated value of £814,316 is:

  • 22.3% lower than the average property price on Praed Street
  • 11.8% lower than the average in the W2 1JL postcode area
  • and 2.6% 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
786 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£814,316
Price Per sq ft (estimate)
£1,036
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 219, 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 18 Jan 2019.

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 28 Feb 2009. The rating of B is unchanged, though the energy efficiency score decreased by 3.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to warm air, electricaire, changing energy efficiency from good to poor.
  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Warm air, Electricaire
Poor
Hot Water
Electric immersion, off-peak
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

37 th / 82
Price Rank
12% lower than average
26 th / 70
Size Rank
10% bigger than average
60 th / 70
Price Per Sq FT Rank
20% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 37th out of 82. Based on price per square foot, it ranks 60th 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 26th out of 70 properties in its postcode area.

Sale History

Today
£814,316
streetscan.co.uk estimate
+123 %
1 Apr 2003
£365,000
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: 689 sq ft
sale price: £925,000
sale date: 1 Dec 2017
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 219, 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 18 Jan 2019. 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.