Flat 706, Balmoral Apartments, 2 Praed Street, London, W2 1AL is a leasehold flat built between 2003-2006. The property offers approximately 484 square feet of living space and is situated on the 7th 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 £361,774 , which equates to approximately £747 per square foot. It was last sold on 15 Aug 2023 for £450,000. Since then, the value has decreased by £88,226, representing a 19.6% decrease, or approximately 8.3% per year.

The current estimated value of £361,774 is:

  • 65.5% lower than the average property price on Praed Street
  • 64.0% lower than the average in the W2 1AL postcode area
  • and 56.7% 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 owner-occupied and once as rented, indicating a change in how it was used over time.

At the most recent EPC inspection on 16 June 2025, the property was recorded as owner-occupied.

View sold house prices in W2 1AL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
7th floor of 9
Price (estimate)
£361,774
Price Per sq ft (estimate)
£747
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 706, 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 16 Jun 2025.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Oct 2022. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from room heaters, electric to electric underfloor heating, with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in all fixed outlets to good lighting efficiency, with efficiency changing from very good to good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Good lighting efficiency
Good

Compared to W2 1AL

35 th / 39
Price Rank
64% lower than average
23 rd / 34
Size Rank
32% smaller than average
29 th / 34
Price Per Sq FT Rank
47% lower than average

Compared to other properties in W2 1AL , this flat's estimated value ranks 35th out of 39. Based on price per square foot, it ranks 29th 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 23th out of 34 properties in its postcode area.

Sale History

Today
£361,774
streetscan.co.uk estimate
-20 %
15 Aug 2023
£450,000
Leasehold
+81.5 %
8 Sep 2003
£248,000
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: 474 sq ft
sale price: £568,000
sale date: 4 Mar 2015
rooms: 2
size: 441 sq ft
sale price: £575,000
sale date: 3 Oct 2014
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 706, Balmoral Apartments, 2 Praed Street, London, W2 1AL appears two times in the Land Registry records, with the latest transaction recorded on 15 Aug 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jun 2025. 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.