Flat 515, Peninsula Apartments, 4 Praed Street, London, W2 1JE is a leasehold flat built between 1996-2002. The property offers approximately 506 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 £615,450 , which equates to approximately £1,217 per square foot. It was last sold on 26 Jun 2003 for £271,670. Since then, the value has increased by £343,780, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £615,450 is:

  • 41.2% lower than the average property price on Praed Street
  • 38.3% lower than the average in the W2 1JE postcode area
  • and 26.3% 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
506 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£615,450
Price Per sq ft (estimate)
£1,217
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 515, 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 29 Oct 2018.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Nov 2008. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

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

Compared to W2 1JE

84 th / 104
Price Rank
38% lower than average
77 th / 90
Size Rank
34% smaller than average
62 nd / 90
Price Per Sq FT Rank
6% lower than average

Compared to other properties in W2 1JE , this flat's estimated value ranks 84th out of 104. Based on price per square foot, it ranks 62th out of 90 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 77th out of 90 properties in its postcode area.

Sale History

Today
£615,450
streetscan.co.uk estimate
+127 %
26 Jun 2003
£271,670
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: 549 sq ft
sale price: £559,000
sale date: 1 Mar 2023
rooms: 2
size: 506 sq ft
sale price: £620,000
sale date: 5 Jun 2018

Data Sources

The property at Flat 515, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JE appears once in the Land Registry records, with the transaction recorded on 26 Jun 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Oct 2018. 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.