Flat 308, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 463 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 £532,377 , which equates to approximately £1,150 per square foot. It was last sold on 17 Jun 2003 for £235,000. Since then, the value has increased by £297,377, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £532,377 is:

  • 49.2% lower than the average property price on Praed Street
  • 42.3% lower than the average in the W2 1JL postcode area
  • and 36.3% 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
463 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£532,377
Price Per sq ft (estimate)
£1,150
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 308, 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 29 Oct 2019.

This property is heated by an air source heat pump with warm air heating. 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. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme, mains gas to air source heat pump, warm air, electric, changing energy efficiency from good to average.
  • 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 lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Air source heat pump, warm air, electric
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JL

75 th / 82
Price Rank
42% lower than average
59 th / 70
Size Rank
35% smaller than average
43 rd / 70
Price Per Sq FT Rank
11% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 75th out of 82. Based on price per square foot, it ranks 43th out of 70 properties. In terms of size, this home ranks 59th out of 70 properties in its postcode area.

Sale History

Today
£532,377
streetscan.co.uk estimate
+127 %
17 Jun 2003
£235,000
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: 452 sq ft
sale price: £585,000
sale date: 13 Sep 2017
rooms: 2
size: 532 sq ft
sale price: £725,000
sale date: 16 Dec 2016

Data Sources

The property at Flat 308, 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 17 Jun 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 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.