Flat 503, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 1996-2002. The property offers approximately 538 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £561,895 , which equates to approximately £1,044 per square foot. It was last sold on 17 Jul 2017 for £715,000. Since then, the value has decreased by £153,105, representing a 21.4% decrease, or approximately 2.5% per year.

The current estimated value of £561,895 is:

  • 46.4% lower than the average property price on Praed Street
  • 43.6% lower than the average in the W2 1JE postcode area
  • and 32.8% 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
538 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£561,895
Price Per sq ft (estimate)
£1,044
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 503, 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 8 Nov 2012.

This property uses electric underfloor heating 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 3 Mar 2010. The rating of C is unchanged, though the energy efficiency score decreased by 2.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, electric to electric underfloor heating, changing energy efficiency from average to very poor.
  • The hot water system changed from from main system to electric immersion, off-peak, with no change in energy efficiency (average).
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W2 1JE

64 th / 104
Price Rank
44% lower than average
69 th / 90
Size Rank
30% smaller than average
26 th / 90
Price Per Sq FT Rank
20% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 64th out of 104. Based on price per square foot, it ranks 26th out of 90 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 69th out of 90 properties in its postcode area.

Sale History

Today
£561,895
streetscan.co.uk estimate
-21 %
17 Jul 2017
£715,000
Leasehold
+45.9 %
26 Apr 2010
£490,000
Leasehold
+38 %
20 May 2003
£355,000
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: 549 sq ft
sale price: £545,000
sale date: 24 Aug 2023
rooms: 2
size: 592 sq ft
sale price: £560,000
sale date: 17 Mar 2023
rooms: 2
size: 549 sq ft
sale price: £559,000
sale date: 1 Mar 2023

Data Sources

The property at Flat 503, Peninsula Apartments, 4 Praed Street, London, W2 1JE appears three times in the Land Registry records, with the latest transaction recorded on 17 Jul 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Nov 2012. 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.