Flat 701, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built in 2012 onwards. The property offers approximately 1,087 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,348,163 , which equates to approximately £1,240 per square foot. It was last sold on 8 Sep 2004 for £630,000. Since then, the value has increased by £718,163, representing a 114.0% increase, or approximately 5.4% per year.

The current estimated value of £1,348,163 is:

  • 28.7% higher than the average property price on Praed Street
  • 34.0% higher than the average in the W2 1AL postcode area
  • and 61.3% higher 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 3 June 2021, the property was recorded as rented.

View sold house prices in W2 1AL

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
1087 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£1,348,163
Price Per sq ft (estimate)
£1,240
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 701, 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 3 Jun 2021.

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 7 Jan 2010. The rating of C remains the same, but the energy efficiency score improved by 8.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (electric underfloor heating).
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
  • The lighting was updated from no low energy lighting to low energy lighting in 75% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to W2 1AL

7 th / 39
Price Rank
34% higher than average
5 th / 34
Size Rank
52% bigger than average
23 rd / 34
Price Per Sq FT Rank
12% lower than average

Compared to other properties in W2 1AL , this flat's estimated value ranks 7th out of 39. Based on price per square foot, it ranks 23th out of 34 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 5th out of 34 properties in its postcode area.

Sale History

Today
£1,348,163
streetscan.co.uk estimate
+114 %
8 Sep 2004
£630,000
Leasehold
+14.5 %
21 Aug 2003
£550,000
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: 4
size: 1033 sq ft
sale price: £740,000
sale date: 21 Feb 2007
rooms: 4
size: 1206 sq ft
sale price: £950,000
sale date: 31 Oct 2006

Data Sources

The property at Flat 701, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears two times in the Land Registry records, with the latest transaction recorded on 8 Sep 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2021. 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.