Flat 516, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built between 2003-2006. The property offers approximately 1,033 square feet of living space and is situated on the 5th floor of a 12-storey building. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £1,302,542 , which equates to approximately £1,261 per square foot. It was last sold on 21 Feb 2007 for £740,000. Since then, the value has increased by £562,542, representing a 76.0% increase, or approximately 4.0% per year.

The current estimated value of £1,302,542 is:

  • 24.4% higher than the average property price on Praed Street
  • 29.5% higher than the average in the W2 1AL postcode area
  • and 55.9% higher than the average price for London as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 4 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 8 September 2025, the property was recorded as owner-occupied.

View sold house prices in W2 1AL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1033 sq ft
Tenure
Leasehold
Floor level
5th floor of 12
Price (estimate)
£1,302,542
Price Per sq ft (estimate)
£1,261
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 516, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1AL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Sep 2025.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Aug 2021. The rating of C remains the same, but the energy efficiency score improved by 4.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was changed from low energy lighting in 43% of fixed outlets to below average lighting efficiency, with no change in efficiency (average).
Heating Type
Room heaters, electric
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Poor
Lighting
Below average lighting efficiency
Average

Compared to W2 1AL

9 th / 39
Price Rank
29% higher than average
7 th / 34
Size Rank
45% bigger than average
21 st / 34
Price Per Sq FT Rank
10% lower than average

Compared to other properties in W2 1AL , this flat's estimated value ranks 9th out of 39. Based on price per square foot, it ranks 21th out of 34 properties. In terms of size, this home ranks 7th out of 34 properties in its postcode area.

Sale History

Today
£1,302,542
streetscan.co.uk estimate
+76 %
21 Feb 2007
£740,000
Leasehold
+41.7 %
18 Jul 2003
£522,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1044 sq ft
sale price: £520,000
sale date: 7 Feb 2025
rooms: 4
size: 1001 sq ft
sale price: £1,385,000
sale date: 20 Nov 2018
rooms: 3
size: 990 sq ft
sale price: £1,200,000
sale date: 31 Jan 2011
rooms: 3
size: 1087 sq ft
sale price: £630,000
sale date: 8 Sep 2004
rooms: 3
size: 936 sq ft
sale price: £565,000
sale date: 30 Jul 2003

Data Sources

The property at Flat 516, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears two times in the Land Registry records, with the latest transaction recorded on 21 Feb 2007. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Sep 2025. 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.