Flat 310, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 689 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 £704,305 , which equates to approximately £1,022 per square foot. It was last sold on 1 Dec 2017 for £925,000. Since then, the value has decreased by £220,695, representing a 23.9% decrease, or approximately 3.0% per year.

The current estimated value of £704,305 is:

  • 32.8% lower than the average property price on Praed Street
  • 23.7% lower than the average in the W2 1JL postcode area
  • and 15.7% lower than the average price for London as a whole

At the most recent EPC inspection on 9 August 2024, 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
689 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£704,305
Price Per sq ft (estimate)
£1,022
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 310, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Aug 2024.

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 5 Mar 2015, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 11.8%.

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 average.
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Warm air, Electricaire
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

30 th / 82
Price Rank
24% lower than average
32 nd / 70
Size Rank
4% smaller than average
15 th / 70
Price Per Sq FT Rank
21% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 30th out of 82. Based on price per square foot, it ranks 15th out of 70 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 32th out of 70 properties in its postcode area.

Sale History

Today
£704,305
streetscan.co.uk estimate
-24 %
1 Dec 2017
£925,000
Leasehold
+45.7 %
12 Dec 2007
£635,000
Leasehold
+74 %
4 Jun 2003
£365,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 786 sq ft
sale price: £890,000
sale date: 31 Jan 2020
rooms: 3
size: 667 sq ft
sale price: £835,000
sale date: 15 Sep 2015
rooms: 3
size: 624 sq ft
sale price: £350,000
sale date: 18 Apr 2006
rooms: 3
size: 678 sq ft
sale price: £368,000
sale date: 13 Apr 2005
rooms: 2
size: 646 sq ft
sale price: £295,000
sale date: 27 Apr 2004

Data Sources

The property at Flat 310, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears three times in the Land Registry records, with the latest transaction recorded on 1 Dec 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Aug 2024. 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.