Flat 720, Peninsula Apartments, 4 Praed Street, London, W2 1JJ 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. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £642,637 , which equates to approximately £1,327 per square foot. It was last sold on 19 Jun 2008 for £415,000. Since then, the value has increased by £227,637, representing a 54.9% increase, or approximately 3.1% per year.

The current estimated value of £642,637 is:

  • 38.6% lower than the average property price on Praed Street
  • 43.2% lower than the average in the W2 1JJ postcode area
  • and 23.1% 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
484 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£642,637
Price Per sq ft (estimate)
£1,327
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 720, 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 18 Sep 2019.

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 15 Aug 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and underfloor heating, mains gas to warm air, electricaire, changing energy efficiency from good to average.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from good to average.
  • The wall construction or insulation changed from system built, with internal insulation to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Warm air, Electricaire
Average
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

48 th / 55
Price Rank
43% lower than average
43 rd / 48
Size Rank
38% smaller than average
38 th / 48
Price Per Sq FT Rank
8% lower than average

Compared to other properties in W2 1JJ , this flat's estimated value ranks 48th out of 55. Based on price per square foot, it ranks 38th 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 43th out of 48 properties in its postcode area.

Sale History

Today
£642,637
streetscan.co.uk estimate
+55 %
19 Jun 2008
£415,000
Leasehold
+69.7 %
11 Sep 2003
£244,493
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: 2
size: 484 sq ft
sale price: £445,000
sale date: 22 May 2008
rooms: 2
size: 463 sq ft
sale price: £271,670
sale date: 11 Sep 2003
rooms: 2
size: 463 sq ft
sale price: £365,000
sale date: 11 Sep 2003

Data Sources

The property at Flat 720, Peninsula Apartments, 4 Praed Street, London, W2 1JJ appears two times in the Land Registry records, with the latest transaction recorded on 19 Jun 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Sep 2019. 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.