Flat 315, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 2003-2006. The property offers approximately 527 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 £681,432 , which equates to approximately £1,292 per square foot. It was last sold on 7 Apr 2006 for £350,000. Since then, the value has increased by £331,432, representing a 94.7% increase, or approximately 4.8% per year.

The current estimated value of £681,432 is:

  • 34.9% lower than the average property price on Praed Street
  • 31.6% lower than the average in the W2 1JE postcode area
  • and 18.5% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 2 September 2021, the property was recorded as rented.

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£681,432
Price Per sq ft (estimate)
£1,292
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 315, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London, W2 1JE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Sep 2021.

This property uses an Electricaire warm air system as its main heating source. 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 24 Feb 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 14.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to warm air, electricaire, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Warm air, Electricaire
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W2 1JE

70 th / 104
Price Rank
32% lower than average
70 th / 90
Size Rank
31% smaller than average
43 rd / 90
Price Per Sq FT Rank
1% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 70th out of 104. Based on price per square foot, it ranks 43th out of 90 properties. In terms of size, this home ranks 70th out of 90 properties in its postcode area.

Sale History

Today
£681,432
streetscan.co.uk estimate
+95 %
7 Apr 2006
£350,000
Leasehold
+11.1 %
2 May 2003
£315,000
Leasehold
+19.9 %
18 Mar 2003
£262,611
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £540,000
sale date: 1 Aug 2024
rooms: 2
size: 517 sq ft
sale price: £530,000
sale date: 6 Jun 2024
rooms: 2
size: 549 sq ft
sale price: £545,000
sale date: 24 Aug 2023
rooms: 2
size: 592 sq ft
sale price: £560,000
sale date: 17 Mar 2023
rooms: 2
size: 549 sq ft
sale price: £559,000
sale date: 1 Mar 2023

Data Sources

The property at Flat 315, Peninsula Apartments, 4 Praed Street, London, W2 1JE appears three times in the Land Registry records, with the latest transaction recorded on 7 Apr 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Sep 2021. 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.