Flat 402, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 1996-2002. The property offers approximately 1,270 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,058,290 , which equates to approximately £833 per square foot. It was last sold on 2 Dec 2022 for £1,400,000. Since then, the value has decreased by £341,710, representing a 24.4% decrease, or approximately 8.0% per year.

The current estimated value of £1,058,290 is:

  • 1.0% higher than the average property price on Praed Street
  • 6.2% higher than the average in the W2 1JE postcode area
  • and 26.6% higher 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 10 August 2022, the property was recorded as rented.

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1270 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£1,058,290
Price Per sq ft (estimate)
£833
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 402, 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 10 Aug 2022.

This property uses electric room heaters 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 10 Nov 2011. The rating of C is unchanged, though the energy efficiency score decreased by 2.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • 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 no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JE

3 rd / 104
Price Rank
6% higher than average
2 nd / 90
Size Rank
66% bigger than average
54 th / 90
Price Per Sq FT Rank
36% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 3rd out of 104. Based on price per square foot, it ranks 54th out of 90 properties. In terms of size, this home ranks 2nd out of 90 properties in its postcode area.

Sale History

Today
£1,058,290
streetscan.co.uk estimate
-24 %
2 Dec 2022
£1,400,000
Leasehold
+12 %
10 Sep 2021
£1,250,000
Leasehold
-21.9 %
2 Jul 2015
£1,600,000
Leasehold
+120.7 %
10 Apr 2003
£725,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1119 sq ft
sale price: £1,350,000
sale date: 28 Jan 2022
rooms: 4
size: 1173 sq ft
sale price: £1,400,000
sale date: 30 Oct 2018
rooms: 4
size: 1249 sq ft
sale price: £1,220,000
sale date: 21 Nov 2014
rooms: 4
size: 1184 sq ft
sale price: £1,350,000
sale date: 14 Nov 2013
rooms: 4
size: 1083 sq ft
sale price: £1,050,000
sale date: 30 Sep 2011

Data Sources

The property at Flat 402, Peninsula Apartments, 4 Praed Street, London, W2 1JE appears four times in the Land Registry records, with the latest transaction recorded on 2 Dec 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Aug 2022. 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.