Flat 606, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built between 2003-2006. The property offers approximately 441 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £504,241 , which equates to approximately £1,143 per square foot. It was last sold on 3 Oct 2014 for £575,000. Since then, the value has decreased by £70,759, representing a 12.3% decrease, or approximately 1.1% per year.

The current estimated value of £504,241 is:

  • 51.9% lower than the average property price on Praed Street
  • 49.9% lower than the average in the W2 1AL postcode area
  • and 39.7% lower 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 30 August 2022, 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
441 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£504,241
Price Per sq ft (estimate)
£1,143
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 606, 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 30 Aug 2022.

This property uses an Electricaire warm air system 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 26 Sep 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 14.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric ceiling heating, electric to warm air, electricaire, improving energy efficiency from very poor to average.
  • 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 updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Warm air, Electricaire
Average
Hot Water
Electric immersion, off-peak
Average
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

30 th / 39
Price Rank
50% lower than average
31 st / 34
Size Rank
38% smaller than average
8 th / 34
Price Per Sq FT Rank
19% lower than average

Compared to other properties in W2 1AL , this flat's estimated value ranks 30th out of 39. Based on price per square foot, it ranks 8th out of 34 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 31th out of 34 properties in its postcode area.

Sale History

Today
£504,241
streetscan.co.uk estimate
-12 %
3 Oct 2014
£575,000
Leasehold
+106.8 %
27 Feb 2004
£278,000
Leasehold
+13.5 %
30 Jul 2003
£245,000
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: 484 sq ft
sale price: £450,000
sale date: 15 Aug 2023
rooms: 2
size: 474 sq ft
sale price: £568,000
sale date: 4 Mar 2015
rooms: 2
size: 474 sq ft
sale price: £499,000
sale date: 17 Dec 2013
rooms: 2
size: 452 sq ft
sale price: £480,000
sale date: 27 Sep 2013

Data Sources

The property at Flat 606, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears three times in the Land Registry records, with the latest transaction recorded on 3 Oct 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 2022. 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.