Flat 616, Peninsula Apartments, 4 Praed Street, London, W2 1JJ is a leasehold flat built between 2003-2006. The property offers approximately 558 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £499,900 , which equates to approximately £893 per square foot. It was last sold on 1 Apr 2020 for £615,000. Since then, the value has decreased by £115,100, representing a 18.7% decrease, or approximately 3.3% per year.

The current estimated value of £499,900 is:

  • 52.3% lower than the average property price on Praed Street
  • 55.8% lower than the average in the W2 1JJ postcode area
  • and 40.2% 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
2003-2006
Interior Size
558 sq ft
Tenure
Leasehold
Price (estimate)
£499,900
Price Per sq ft (estimate)
£893
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 616, 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 Sep 2011.

This property is heated by electric ceiling panels. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Electric ceiling heating, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to W2 1JJ

46 th / 55
Price Rank
56% lower than average
37 th / 48
Size Rank
28% smaller than average
44 th / 48
Price Per Sq FT Rank
38% lower than average

Compared to other properties in W2 1JJ , this flat's estimated value ranks 46th out of 55. Based on price per square foot, it ranks 44th 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 37th out of 48 properties in its postcode area.

Sale History

Today
£499,900
streetscan.co.uk estimate
-19 %
1 Apr 2020
£615,000
Leasehold
+93.4 %
13 Apr 2005
£318,000
Leasehold
+13.3 %
7 Aug 2003
£280,727
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £875,000
sale date: 1 Jun 2023
rooms: 2
size: 506 sq ft
sale price: £470,000
sale date: 5 Nov 2010
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: 1
size: 484 sq ft
sale price: £415,000
sale date: 19 Jun 2008

Data Sources

The property at Flat 616, Peninsula Apartments, 4 Praed Street, London, W2 1JJ appears three times in the Land Registry records, with the latest transaction recorded on 1 Apr 2020. It also has a single Energy Performance Certificate (EPC) from 22 Sep 2011. 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.