Flat 901, Balmoral Apartments, 2 Praed Street, London, W2 1JN is a leasehold flat built between 1996-2002. The property offers approximately 1,238 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,027,905 , which equates to approximately £830 per square foot. It was last sold on 1 Dec 2017 for £1,350,000. Since then, the value has decreased by £322,095, representing a 23.9% decrease, or approximately 3.0% per year.

The current estimated value of £1,027,905 is:

  • 1.9% lower than the average property price on Praed Street
  • 19.5% lower than the average in the W2 1JN postcode area
  • and 23.0% higher than the average price for London as a whole

At the most recent EPC inspection on 7 October 2020, the property was recorded as rented.

View sold house prices in W2 1JN

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1238 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£1,027,905
Price Per sq ft (estimate)
£830
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 901, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Oct 2020.

This property is heated by an air source heat pump with warm air heating. 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 17 Sep 2009. The rating of C is unchanged, though the energy efficiency score decreased by 7.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to air source heat pump, warm air, electric, changing energy efficiency from good to poor.
  • The hot water energy efficiency changing from good to very poor, while the system remained as electric immersion, standard tariff.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Air source heat pump, warm air, electric
Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1JN

31 st / 67
Price Rank
19% lower than average
2 nd / 53
Size Rank
55% bigger than average
53 rd / 53
Price Per Sq FT Rank
48% lower than average

Compared to other properties in W2 1JN , this flat's estimated value ranks 31th out of 67. Based on price per square foot, it ranks 53th out of 53 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 2nd out of 53 properties in its postcode area.

Sale History

Today
£1,027,905
streetscan.co.uk estimate
-24 %
1 Dec 2017
£1,350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1163 sq ft
sale price: £2,100,000
sale date: 19 Dec 2019
rooms: 4
size: 1119 sq ft
sale price: £1,690,000
sale date: 22 Jun 2018
rooms: 3
size: 1055 sq ft
sale price: £950,000
sale date: 9 Aug 2013
rooms: 4
size: 1206 sq ft
sale price: £1,330,000
sale date: 30 Jun 2009
rooms: 4
size: 1087 sq ft
sale price: £685,000
sale date: 17 Dec 2004

Data Sources

The property at Flat 901, Balmoral Apartments, 2 Praed Street, London, City Of Westminster, Greater London, W2 1JN appears once in the Land Registry records, with the transaction recorded on 1 Dec 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Oct 2020. 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.