Flat 504, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built between 1996-2002. The property offers approximately 452 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 £494,137 , which equates to approximately £1,093 per square foot. It was last sold on 27 Sep 2013 for £480,000. Since then, the value has increased by £14,137, representing a 2.9% increase, or approximately 0.2% per year.

The current estimated value of £494,137 is:

  • 52.8% lower than the average property price on Praed Street
  • 50.9% lower than the average in the W2 1AL postcode area
  • and 40.9% lower than the average price for London as a whole

View sold house prices in W2 1AL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£494,137
Price Per sq ft (estimate)
£1,093
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 504, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1AL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Aug 2014.

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 18 Jun 2013. The rating of B remains the same, but the energy efficiency score improved by 6.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to air source heat pump, warm air, electric, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Air source heat pump, warm air, electric
Good
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1AL

33 rd / 39
Price Rank
51% lower than average
30 th / 34
Size Rank
37% smaller than average
20 th / 34
Price Per Sq FT Rank
22% lower than average

Compared to other properties in W2 1AL , this flat's estimated value ranks 33th out of 39. Based on price per square foot, it ranks 20th out of 34 properties. In terms of size, this home ranks 30th out of 34 properties in its postcode area.

Sale History

Today
£494,137
streetscan.co.uk estimate
+3 %
27 Sep 2013
£480,000
Leasehold
+57.4 %
13 Jul 2006
£305,000
Leasehold
+36 %
27 Jun 2003
£224,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £546,000
sale date: 9 May 2024
rooms: 2
size: 484 sq ft
sale price: £450,000
sale date: 15 Aug 2023
rooms: 2
size: 474 sq ft
sale price: £568,000
sale date: 4 Mar 2015
rooms: 2
size: 441 sq ft
sale price: £575,000
sale date: 3 Oct 2014
rooms: 2
size: 474 sq ft
sale price: £499,000
sale date: 17 Dec 2013

Data Sources

The property at Flat 504, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears three times in the Land Registry records, with the latest transaction recorded on 27 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Aug 2014. 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.