Flat 401, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 1,076 square feet of living space. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,375,721 , which equates to approximately £1,278 per square foot. It was last sold on 5 Feb 2016 for £1,625,000. Since then, the value has decreased by £249,279, representing a 15.3% decrease, or approximately 1.6% per year.

The current estimated value of £1,375,721 is:

  • 31.3% higher than the average property price on Praed Street
  • 49.1% higher than the average in the W2 1JL postcode area
  • and 64.6% higher than the average price for London as a whole

At the most recent EPC inspection on 27 September 2011, 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
1076 sq ft
Tenure
Leasehold
Price (estimate)
£1,375,721
Price Per sq ft (estimate)
£1,278
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 401, 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 27 Sep 2011.

This property uses electric underfloor heating 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 8 Sep 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 19.4%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 30% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Electric underfloor heating
Very 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 30% of fixed outlets
Average

Compared to W2 1JL

8 th / 82
Price Rank
49% higher than average
10 th / 70
Size Rank
51% bigger than average
22 nd / 70
Price Per Sq FT Rank
1% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 8th out of 82. Based on price per square foot, it ranks 22th 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 10th out of 70 properties in its postcode area.

Sale History

Today
£1,375,721
streetscan.co.uk estimate
-15 %
5 Feb 2016
£1,625,000
Leasehold
+157.9 %
1 Mar 2006
£630,000
Leasehold
+9.6 %
30 Jun 2003
£575,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 947 sq ft
sale price: £1,100,000
sale date: 24 May 2023
rooms: 3
size: 1023 sq ft
sale price: £830,000
sale date: 19 Feb 2021
rooms: 4
size: 980 sq ft
sale price: £1,250,000
sale date: 19 Dec 2018
rooms: 4
size: 1023 sq ft
sale price: £1,250,000
sale date: 11 Jan 2017
rooms: 4
size: 1098 sq ft
sale price: £1,450,000
sale date: 30 Mar 2016

Data Sources

The property at Flat 401, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears three times in the Land Registry records, with the latest transaction recorded on 5 Feb 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Sep 2011. 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.