Flat 416, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 1996-2002. The property offers approximately 474 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £565,406 , which equates to approximately £1,194 per square foot. It was last sold on 13 Apr 2005 for £275,000. Since then, the value has increased by £290,406, representing a 105.6% increase, or approximately 5.1% per year.

The current estimated value of £565,406 is:

  • 46.0% lower than the average property price on Praed Street
  • 43.3% lower than the average in the W2 1JE postcode area
  • and 32.3% lower than the average price for London as a whole

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£565,406
Price Per sq ft (estimate)
£1,194
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 416, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Oct 2019.

This property is heated by an air source heat pump with warm air heating. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Oct 2009. The rating of C remains the same, but the energy efficiency score improved by 9.7%.

Since the previous assessment, several changes were observed:

  • The heating system changed from air source heat pump, electric to air source heat pump, warm air, electric, with no change in energy efficiency (average).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Air source heat pump, warm air, electric
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to W2 1JE

94 th / 104
Price Rank
43% lower than average
82 nd / 90
Size Rank
38% smaller than average
66 th / 90
Price Per Sq FT Rank
8% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 94th out of 104. Based on price per square foot, it ranks 66th out of 90 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 82th out of 90 properties in its postcode area.

Sale History

Today
£565,406
streetscan.co.uk estimate
+106 %
13 Apr 2005
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £540,000
sale date: 1 Aug 2024
rooms: 2
size: 517 sq ft
sale price: £530,000
sale date: 6 Jun 2024
rooms: 2
size: 506 sq ft
sale price: £620,000
sale date: 5 Jun 2018
rooms: 2
size: 538 sq ft
sale price: £715,000
sale date: 17 Jul 2017
rooms: 2
size: 476 sq ft
sale price: £560,000
sale date: 2 Nov 2016

Data Sources

The property at Flat 416, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JE appears once in the Land Registry records, with the transaction recorded on 13 Apr 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Oct 2019. 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.