Flat 314, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 506 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £626,863 , which equates to approximately £1,239 per square foot. It was last sold on 12 Nov 2003 for £275,000. Since then, the value has increased by £351,863, representing a 128.0% increase, or approximately 5.8% per year.

The current estimated value of £626,863 is:

  • 40.1% lower than the average property price on Praed Street
  • 32.1% lower than the average in the W2 1JL postcode area
  • and 25.0% 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
506 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£626,863
Price Per sq ft (estimate)
£1,239
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 314, 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 8 Jan 2020.

This property is heated by an air source heat pump with warm air heating. 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 12 Oct 2009. The rating of C remains the same, but the energy efficiency score improved by 6.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, electric to air source heat pump, warm air, electric, changing energy efficiency from average to 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 changed from low energy lighting in 17% of fixed outlets to low energy lighting in 22% of fixed outlets, with no change in efficiency (poor).
Heating Type
Air source heat pump, warm air, electric
Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 22% of fixed outlets
Poor

Compared to W2 1JL

65 th / 82
Price Rank
32% lower than average
49 th / 70
Size Rank
29% smaller than average
31 st / 70
Price Per Sq FT Rank
4% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 65th out of 82. Based on price per square foot, it ranks 31th out of 70 properties. In terms of size, this home ranks 49th out of 70 properties in its postcode area.

Sale History

Today
£626,863
streetscan.co.uk estimate
+128 %
12 Nov 2003
£275,000
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: 560 sq ft
sale price: £605,000
sale date: 1 Jul 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: 1
size: 581 sq ft
sale price: £560,000
sale date: 2 Jul 2018

Data Sources

The property at Flat 314, 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 12 Nov 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jan 2020. 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.