Flat 306, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 452 square feet of living space and is situated on the 3rd floor of a 11-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £468,766 , which equates to approximately £1,037 per square foot. It was last sold on 13 Sep 2017 for £585,000. Since then, the value has decreased by £116,234, representing a 19.9% decrease, or approximately 2.4% per year.

The current estimated value of £468,766 is:

  • 55.2% lower than the average property price on Praed Street
  • 49.2% lower than the average in the W2 1JL postcode area
  • and 43.9% 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
452 sq ft
Tenure
Leasehold
Floor level
3rd floor of 11
Price (estimate)
£468,766
Price Per sq ft (estimate)
£1,037
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 306, 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 28 Oct 2008.

This property is heated by an electric warm air system. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Warm air, electric
Average
Hot Water
Electric immersion, standard tariff
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W2 1JL

77 th / 82
Price Rank
49% lower than average
62 nd / 70
Size Rank
37% smaller than average
42 nd / 70
Price Per Sq FT Rank
20% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 77th out of 82. Based on price per square foot, it ranks 42th out of 70 properties. In terms of size, this home ranks 62th out of 70 properties in its postcode area.

Sale History

Today
£468,766
streetscan.co.uk estimate
-20 %
13 Sep 2017
£585,000
Leasehold
+154.3 %
16 Jun 2003
£230,000
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: 517 sq ft
sale price: £575,000
sale date: 8 Nov 2019
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 306, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 13 Sep 2017. It also has a single Energy Performance Certificate (EPC) from 28 Oct 2008. 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.