Flat 405, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 667 square feet of living space and is situated on the 4th floor of a 11-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £719,354 , which equates to approximately £1,078 per square foot. It was last sold on 15 Sep 2015 for £835,000. Since then, the value has decreased by £115,646, representing a 13.8% decrease, or approximately 1.3% per year.

The current estimated value of £719,354 is:

  • 31.3% lower than the average property price on Praed Street
  • 22.1% lower than the average in the W2 1JL postcode area
  • and 13.9% 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 21 October 2025, the property was recorded as rented.

View sold house prices in W2 1JL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
667 sq ft
Tenure
Leasehold
Floor level
4th floor of 11
Price (estimate)
£719,354
Price Per sq ft (estimate)
£1,078
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 405, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Oct 2025.

This property is assumed to use portable electric heaters in most rooms as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Jul 2015. The rating of C remains the same, but the energy efficiency score improved by 4.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to portable electric heating assumed for most rooms, improving energy efficiency from very poor to poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to good lighting efficiency, with efficiency improving from very poor to good.
Heating Type
Portable electric heating assumed for most rooms
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Good lighting efficiency
Good

Compared to W2 1JL

45 th / 82
Price Rank
22% lower than average
35 th / 70
Size Rank
7% smaller than average
55 th / 70
Price Per Sq FT Rank
16% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 45th out of 82. Based on price per square foot, it ranks 55th out of 70 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 35th out of 70 properties in its postcode area.

Sale History

Today
£719,354
streetscan.co.uk estimate
-14 %
15 Sep 2015
£835,000
Leasehold
+160.9 %
18 Jun 2003
£320,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £925,000
sale date: 1 Dec 2017
rooms: 2
size: 570 sq ft
sale price: £465,000
sale date: 15 Oct 2008
rooms: 3
size: 624 sq ft
sale price: £350,000
sale date: 18 Apr 2006
rooms: 3
size: 678 sq ft
sale price: £368,000
sale date: 13 Apr 2005
rooms: 2
size: 646 sq ft
sale price: £295,000
sale date: 27 Apr 2004

Data Sources

The property at Flat 405, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 15 Sep 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Oct 2025. 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.