Flat 508, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built between 1996-2002. The property offers approximately 474 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £491,642 , which equates to approximately £1,038 per square foot. It was last sold on 4 Mar 2015 for £568,000. Since then, the value has decreased by £76,358, representing a 13.4% decrease, or approximately 1.2% per year.

The current estimated value of £491,642 is:

  • 53.1% lower than the average property price on Praed Street
  • 51.1% lower than the average in the W2 1AL postcode area
  • and 41.2% 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
474 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£491,642
Price Per sq ft (estimate)
£1,038
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 508, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London Authority, W2 1AL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Aug 2014.

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.

Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to W2 1AL

38 th / 39
Price Rank
51% lower than average
26 th / 34
Size Rank
34% smaller than average
31 st / 34
Price Per Sq FT Rank
26% lower than average

Compared to other properties in W2 1AL , this flat's estimated value ranks 38th out of 39. Based on price per square foot, it ranks 31th out of 34 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 26th out of 34 properties in its postcode area.

Sale History

Today
£491,642
streetscan.co.uk estimate
-13 %
4 Mar 2015
£568,000
Leasehold
+137.8 %
25 Jul 2003
£238,875
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: 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
rooms: 2
size: 452 sq ft
sale price: £480,000
sale date: 27 Sep 2013

Data Sources

The property at Flat 508, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears two times in the Land Registry records, with the latest transaction recorded on 4 Mar 2015. It also has a single Energy Performance Certificate (EPC) from 8 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.