Flat 510, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built between 2003-2006. The property offers approximately 753 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £935,379 , which equates to approximately £1,241 per square foot. It was last sold on 1 Jun 2006 for £497,000. Since then, the value has increased by £438,379, representing a 88.2% increase, or approximately 4.5% per year.

The current estimated value of £935,379 is:

  • 10.7% lower than the average property price on Praed Street
  • 7.0% lower than the average in the W2 1AL postcode area
  • and 11.9% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 25 June 2024, the property was recorded as rented.

View sold house prices in W2 1AL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£935,379
Price Per sq ft (estimate)
£1,241
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 510, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1AL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 25 Jun 2024.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Mar 2014. The rating of B is unchanged, though the energy efficiency score decreased by 2.4%.

Since the previous assessment, several changes were observed:

  • The heating system changed from air source heat pump, warm air, electric to community scheme, with no change in energy efficiency (good).
  • The hot water system was changed from electric immersion, off-peak to community scheme, with its energy efficiency improving from average to good.
  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
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

17 th / 39
Price Rank
7% lower than average
14 th / 34
Size Rank
5% bigger than average
22 nd / 34
Price Per Sq FT Rank
12% lower than average

Compared to other properties in W2 1AL , this flat's estimated value ranks 17th out of 39. Based on price per square foot, it ranks 22th out of 34 properties. In terms of size, this home ranks 14th out of 34 properties in its postcode area.

Sale History

Today
£935,379
streetscan.co.uk estimate
+88 %
1 Jun 2006
£497,000
Leasehold
+27.4 %
11 Jul 2003
£390,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 646 sq ft
sale price: £760,000
sale date: 6 Jul 2018
rooms: 3
size: 786 sq ft
sale price: £1,000,000
sale date: 25 Nov 2015
rooms: 3
size: 689 sq ft
sale price: £750,000
sale date: 12 Feb 2014
rooms: 3
size: 797 sq ft
sale price: £630,000
sale date: 18 Apr 2008
rooms: 3
size: 667 sq ft
sale price: £450,000
sale date: 21 May 2007

Data Sources

The property at Flat 510, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears two times in the Land Registry records, with the latest transaction recorded on 1 Jun 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 2024. 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.