Flat 302, 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 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £738,982 , which equates to approximately £940 per square foot. It was last sold on 31 Jan 2020 for £890,000. Since then, the value has decreased by £151,018, representing a 17.0% decrease, or approximately 2.9% per year.

The current estimated value of £738,982 is:

  • 29.4% lower than the average property price on Praed Street
  • 19.9% lower than the average in the W2 1JL postcode area
  • and 11.6% 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
3rd floor
Price (estimate)
£738,982
Price Per sq ft (estimate)
£940
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 302, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Apr 2019.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Nov 2008. The rating of C is unchanged, though the energy efficiency score decreased by 12.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very 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).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 30% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 30% of fixed outlets
Average

Compared to W2 1JL

44 th / 82
Price Rank
20% lower than average
27 th / 70
Size Rank
10% bigger than average
68 th / 70
Price Per Sq FT Rank
27% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 44th out of 82. Based on price per square foot, it ranks 68th 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 27th out of 70 properties in its postcode area.

Sale History

Today
£738,982
streetscan.co.uk estimate
-17 %
31 Jan 2020
£890,000
Leasehold
+180.3 %
27 Jun 2003
£317,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 310, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 3
size: 689 sq ft
sale price: £925,000
sale date: 1 Dec 2017
Flat 202, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 2
size: 840 sq ft
sale price: £985,000
sale date: 15 Oct 2014
Flat 106, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 3
size: 868 sq ft
sale price: £780,000
sale date: 5 Nov 2009
Flat 114, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 2
size: 840 sq ft
sale price: £192,341
sale date: 4 Oct 2007
Flat 205, Balmoral Apartments, 2 Praed Street, London, W2 1JL
rooms: 3
size: 829 sq ft
sale price: £499,950
sale date: 4 Oct 2006

Data Sources

The property at Flat 302, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 31 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Apr 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.
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