Flat 303, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 441 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £455,901 , which equates to approximately £1,033 per square foot. It was last sold on 21 Jul 2003 for £200,000. Since then, the value has increased by £255,901, representing a 128.0% increase, or approximately 5.7% per year.

The current estimated value of £455,901 is:

  • 56.5% lower than the average property price on Praed Street
  • 50.6% lower than the average in the W2 1JL postcode area
  • and 45.4% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 October 2019, the property was recorded as owner-occupied.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
441 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£455,901
Price Per sq ft (estimate)
£1,033
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 303, 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 24 Oct 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 29 Oct 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to warm air, electricaire, improving energy efficiency from very poor to poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • 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

82 nd / 82
Price Rank
51% lower than average
66 th / 70
Size Rank
38% smaller than average
61 st / 70
Price Per Sq FT Rank
20% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 82th out of 82. Based on price per square foot, it ranks 61th 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 66th out of 70 properties in its postcode area.

Sale History

Today
£455,901
streetscan.co.uk estimate
+128 %
21 Jul 2003
£200,000
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: 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
rooms: 2
size: 495 sq ft
sale price: £500,000
sale date: 15 Aug 2014

Data Sources

The property at Flat 303, 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 21 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 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.