Flat 409, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 775 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £804,228 , which equates to approximately £1,038 per square foot. It was last sold on 10 Jun 2003 for £355,000. Since then, the value has increased by £449,228, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £804,228 is:

  • 23.2% lower than the average property price on Praed Street
  • 12.9% lower than the average in the W2 1JL postcode area
  • and 3.8% lower than the average price for London as a whole

At the most recent EPC inspection on 19 January 2023, 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
775 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£804,228
Price Per sq ft (estimate)
£1,038
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 409, 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 19 Jan 2023.

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 8 Jan 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from poor to good.
  • 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 low energy lighting in 36% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Community scheme
Good
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 36% of fixed outlets
Average

Compared to W2 1JL

38 th / 82
Price Rank
13% lower than average
28 th / 70
Size Rank
8% bigger than average
59 th / 70
Price Per Sq FT Rank
20% lower than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 38th out of 82. Based on price per square foot, it ranks 59th 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 28th out of 70 properties in its postcode area.

Sale History

Today
£804,228
streetscan.co.uk estimate
+127 %
10 Jun 2003
£355,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 786 sq ft
sale price: £890,000
sale date: 31 Jan 2020
rooms: 3
size: 689 sq ft
sale price: £925,000
sale date: 1 Dec 2017
rooms: 3
size: 667 sq ft
sale price: £835,000
sale date: 15 Sep 2015
rooms: 2
size: 840 sq ft
sale price: £985,000
sale date: 15 Oct 2014
rooms: 3
size: 868 sq ft
sale price: £780,000
sale date: 5 Nov 2009

Data Sources

The property at Flat 409, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JL appears once in the Land Registry records, with the transaction recorded on 10 Jun 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jan 2023. 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.