Flat 220, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 657 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 £775,274 , which equates to approximately £1,181 per square foot. It was last sold on 15 Apr 2003 for £347,500. Since then, the value has increased by £427,774, representing a 123.1% increase, or approximately 5.4% per year.

The current estimated value of £775,274 is:

  • 26.0% lower than the average property price on Praed Street
  • 16.0% lower than the average in the W2 1JL postcode area
  • and 7.2% lower than the average price for London as a whole

At the most recent EPC inspection on 10 September 2022, 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
657 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£775,274
Price Per sq ft (estimate)
£1,181
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 220, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Sep 2022.

This property uses electric underfloor heating 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 15 Sep 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme, mains gas to electric underfloor heating, changing energy efficiency from good to very poor.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency changing from very good to average.
  • 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).
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
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

42 nd / 82
Price Rank
16% lower than average
36 th / 70
Size Rank
8% smaller than average
38 th / 70
Price Per Sq FT Rank
9% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 42th out of 82. Based on price per square foot, it ranks 38th out of 70 properties. In terms of size, this home ranks 36th out of 70 properties in its postcode area.

Sale History

Today
£775,274
streetscan.co.uk estimate
+123 %
15 Apr 2003
£347,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £605,000
sale date: 1 Jul 2022
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: 3
size: 667 sq ft
sale price: £835,000
sale date: 15 Sep 2015
rooms: 2
size: 570 sq ft
sale price: £465,000
sale date: 15 Oct 2008

Data Sources

The property at Flat 220, 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 15 Apr 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Sep 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.