Flat 415, Balmoral Apartments, 2 Praed Street, London, W2 1JL is a leasehold flat built between 2003-2006. The property offers approximately 484 square feet of living space and is situated on the 4th floor of a 6-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £673,195 , which equates to approximately £1,390 per square foot. It was last sold on 23 Nov 2004 for £310,000. Since then, the value has increased by £363,195, representing a 117.2% increase, or approximately 5.6% per year.

The current estimated value of £673,195 is:

  • 35.7% lower than the average property price on Praed Street
  • 27.1% lower than the average in the W2 1JL postcode area
  • and 19.4% lower than the average price for London as a whole

At the most recent EPC inspection on 11 August 2025, 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
484 sq ft
Tenure
Leasehold
Floor level
4th floor of 6
Price (estimate)
£673,195
Price Per sq ft (estimate)
£1,390
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 415, 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 11 Aug 2025.

This property uses an Electricaire warm air system 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 24 Sep 2015, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 15.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to warm air, electricaire, changing energy efficiency from average to very poor.
  • 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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, 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
Warm air, Electricaire
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Good lighting efficiency
Good

Compared to W2 1JL

53 rd / 82
Price Rank
27% lower than average
56 th / 70
Size Rank
32% smaller than average
13 th / 70
Price Per Sq FT Rank
8% higher than average

Compared to other properties in W2 1JL , this flat's estimated value ranks 53th out of 82. Based on price per square foot, it ranks 13th 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 56th out of 70 properties in its postcode area.

Sale History

Today
£673,195
streetscan.co.uk estimate
+117 %
23 Nov 2004
£310,000
Leasehold
+10.7 %
31 Oct 2003
£280,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 466 sq ft
sale price: £590,000
sale date: 30 Sep 2022
rooms: 2
size: 441 sq ft
sale price: £571,250
sale date: 29 Jun 2021
rooms: 2
size: 517 sq ft
sale price: £575,000
sale date: 8 Nov 2019
rooms: 2
size: 452 sq ft
sale price: £585,000
sale date: 13 Sep 2017
rooms: 2
size: 532 sq ft
sale price: £725,000
sale date: 16 Dec 2016

Data Sources

The property at Flat 415, Balmoral Apartments, 2 Praed Street, London, W2 1JL appears two times in the Land Registry records, with the latest transaction recorded on 23 Nov 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Aug 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.


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