Flat 502, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 2003-2006. The property offers approximately 1,195 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,655,428 , which equates to approximately £1,386 per square foot. It was last sold on 20 May 2003 for £737,500. Since then, the value has increased by £917,928, representing a 124.5% increase, or approximately 5.5% per year.

The current estimated value of £1,655,428 is:

  • 58.1% higher than the average property price on Praed Street
  • 66.1% higher than the average in the W2 1JE postcode area
  • and 98.1% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 July 2020, the property was recorded as owner-occupied.

View sold house prices in W2 1JE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1195 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£1,655,428
Price Per sq ft (estimate)
£1,386
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 502, 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 9 Jul 2020.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 May 2009. The rating of C remains the same, but the energy efficiency score improved by 2.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system changed from electric immersion, standard tariff to electric instantaneous at point of use, with no change in energy efficiency (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 changed from no low energy lighting to low energy lighting in 4% of fixed outlets, with no change in efficiency (very poor).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 4% of fixed outlets
Very Poor

Compared to W2 1JE

2 nd / 104
Price Rank
66% higher than average
4 th / 90
Size Rank
56% bigger than average
35 th / 90
Price Per Sq FT Rank
7% higher than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 2nd out of 104. Based on price per square foot, it ranks 35th out of 90 properties. In terms of size, this home ranks 4th out of 90 properties in its postcode area.

Sale History

Today
£1,655,428
streetscan.co.uk estimate
+124 %
20 May 2003
£737,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1270 sq ft
sale price: £1,400,000
sale date: 2 Dec 2022
rooms: 4
size: 1119 sq ft
sale price: £1,350,000
sale date: 28 Jan 2022
rooms: 4
size: 1055 sq ft
sale price: £1,500,000
sale date: 10 Apr 2019
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

Data Sources

The property at Flat 502, 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 20 May 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jul 2020. 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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