Flat 621, Peninsula Apartments, 4 Praed Street, London, W2 1JJ is a leasehold flat built between 2003-2006. The property offers approximately 590 square feet of living space and is situated on the 6th floor of a 9-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £593,104 , which equates to approximately £1,002 per square foot. It was last sold on 10 Sep 2010 for £442,000. Since then, the value has increased by £151,104, representing a 34.2% increase, or approximately 2.2% per year.

The current estimated value of £593,104 is:

  • 43.4% lower than the average property price on Praed Street
  • 47.6% lower than the average in the W2 1JJ postcode area
  • and 29.0% 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
590 sq ft
Tenure
Leasehold
Floor level
6th floor of 9
Price (estimate)
£593,104
Price Per sq ft (estimate)
£1,002
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 621, Peninsula Apartments, 4 Praed Street, London, City Of Westminster, Greater London Authority, W2 1JJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 28 Jan 2010.

This property uses electric underfloor heating 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 15 Sep 2009. The rating of B is unchanged, though the energy efficiency score decreased by 3.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme, mains gas to electric underfloor heating, changing energy efficiency from good to poor.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency changing from very good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W2 1JJ

54 th / 55
Price Rank
48% lower than average
34 th / 48
Size Rank
24% smaller than average
46 th / 48
Price Per Sq FT Rank
31% lower than average

Compared to other properties in W2 1JJ , this flat's estimated value ranks 54th out of 55. Based on price per square foot, it ranks 46th 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 34th out of 48 properties in its postcode area.

Sale History

Today
£593,104
streetscan.co.uk estimate
+34 %
10 Sep 2010
£442,000
Leasehold
+84.2 %
7 Aug 2003
£239,964
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: 558 sq ft
sale price: £615,000
sale date: 1 Apr 2020
rooms: 2
size: 506 sq ft
sale price: £470,000
sale date: 5 Nov 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

Data Sources

The property at Flat 621, Peninsula Apartments, 4 Praed Street, London, W2 1JJ appears two times in the Land Registry records, with the latest transaction recorded on 10 Sep 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jan 2010. 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.