Flat 521, Peninsula Apartments, 4 Praed Street, London, W2 1JJ is a leasehold flat built between 1996-2002. The property offers approximately 635 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 £533,360 , which equates to approximately £840 per square foot. It was last sold on 26 Jun 2003 for £235,434. Since then, the value has increased by £297,926, representing a 126.5% increase, or approximately 5.6% per year.

The current estimated value of £533,360 is:

  • 49.1% lower than the average property price on Praed Street
  • 52.8% lower than the average in the W2 1JJ postcode area
  • and 36.2% lower than the average price for London as a whole

View sold house prices in W2 1JJ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£533,360
Price Per sq ft (estimate)
£840
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 521, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Jan 2019.

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 18 Feb 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, electricaire to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to W2 1JJ

55 th / 55
Price Rank
53% lower than average
30 th / 48
Size Rank
19% smaller than average
48 th / 48
Price Per Sq FT Rank
42% lower than average

Compared to other properties in W2 1JJ , this flat's estimated value ranks 55th out of 55. Based on price per square foot, it ranks 48th out of 48 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 30th out of 48 properties in its postcode area.

Sale History

Today
£533,360
streetscan.co.uk estimate
+127 %
26 Jun 2003
£235,434
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 558 sq ft
sale price: £615,000
sale date: 1 Apr 2020
rooms: 1
size: 590 sq ft
sale price: £442,000
sale date: 10 Sep 2010
rooms: 2
size: 570 sq ft
sale price: £425,000
sale date: 4 Dec 2009
rooms: 2
size: 603 sq ft
sale price: £405,000
sale date: 2 Apr 2007
rooms: 2
size: 590 sq ft
sale price: £365,000
sale date: 31 May 2006

Data Sources

The property at Flat 521, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JJ 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 22 Jan 2019. 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.