Flat 515, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built between 2003-2006. The property offers approximately 570 square feet of living space and is situated on the 5th floor of a 13-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £582,882 , which equates to approximately £1,022 per square foot. It was last sold on 22 Sep 2016 for £675,000. Since then, the value has decreased by £92,118, representing a 13.6% decrease, or approximately 1.5% per year.

The current estimated value of £582,882 is:

  • 44.3% lower than the average property price on Praed Street
  • 42.1% lower than the average in the W2 1AL postcode area
  • and 30.2% lower than the average price for London as a whole

View sold house prices in W2 1AL

Building approximate location

About Property

Type
Terraced House
Built
2003-2006
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
5th floor of 13
Price (estimate)
£582,882
Price Per sq ft (estimate)
£1,022
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 515, 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 18 Nov 2008.

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
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1AL

28 th / 39
Price Rank
42% lower than average
19 th / 34
Size Rank
20% smaller than average
32 nd / 34
Price Per Sq FT Rank
27% lower than average

Compared to other properties in W2 1AL , this house's estimated value ranks 28th out of 39. Based on price per square foot, it ranks 32th 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 19th out of 34 properties in its postcode area.

Sale History

Today
£582,882
streetscan.co.uk estimate
-14 %
22 Sep 2016
£675,000
Leasehold
+138.2 %
19 Nov 2003
£283,375
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: 543 sq ft
sale price: £342,500
sale date: 12 Dec 2003
rooms: 2
size: 495 sq ft
sale price: £270,000
sale date: 21 Aug 2003
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

Data Sources

The property at Flat 515, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears two times in the Land Registry records, with the latest transaction recorded on 22 Sep 2016. It also has a single Energy Performance Certificate (EPC) from 18 Nov 2008. 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.