Flat 316, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 2003-2006. The property offers approximately 517 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 £594,927 , which equates to approximately £1,151 per square foot. It was last sold on 18 Mar 2003 for £262,611. Since then, the value has increased by £332,316, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £594,927 is:

  • 43.2% lower than the average property price on Praed Street
  • 40.3% lower than the average in the W2 1JE postcode area
  • and 28.8% lower than the average price for London as a whole

At the most recent EPC inspection on 13 October 2020, the property was recorded as owner-occupied.

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£594,927
Price Per sq ft (estimate)
£1,151
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 316, 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 13 Oct 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Nov 2010. The rating of C remains the same, but the energy efficiency score improved by 8.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 70% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to W2 1JE

88 th / 104
Price Rank
40% lower than average
71 st / 90
Size Rank
33% smaller than average
75 th / 90
Price Per Sq FT Rank
11% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 88th out of 104. Based on price per square foot, it ranks 75th out of 90 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 71th out of 90 properties in its postcode area.

Sale History

Today
£594,927
streetscan.co.uk estimate
+127 %
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 316, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London, W2 1JE appears once in the Land Registry records, with the transaction recorded on 18 Mar 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Oct 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.