Flat 1108 Balmoral Apartments, 2 Praed Street

    FLAT 1108 BALMORAL APARTMENTS, 2, PRAED STREET, LONDON, W2 1JN

    This flat/maisonette leasehold property on Praed Street last sold in February 2025 for £535,000. Based on price growth in the W2 district since then, its estimated current value is £535,000 — placing it in the 82nd percentile nationally and the 18th percentile within W2. The property covers 39 m² (420 sq ft), giving an estimated value of £13,718 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £535,000

    Feb 2025

    Estimated Valuation

    £535,000

    Est. £/sq ft

    £1,274/sq ft

    £13,718/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateSept 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric underfloor heating

    Transaction History

    14 Feb 2025

    £535,000

    20 Nov 2003

    New build

    £325,000

    Key Metrics

    Estimated valuation£535,000
    Value per sq ft / m²£1,274/sq ft (£13,718/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    W2 district percentile18th percentile
    National percentile82nd percentile

    District Context — W2

    W2 covers central London neighbourhoods including Paddington, Bayswater, and Queensway, positioned in the heart of the capital's West End. It is a highly affluent, densely populated urban area characterized by substantial Victorian and Edwardian properties, international residents, and premium amenities.

    Average Property Price - W2

    £1,447,375

    99

    National percentile

    Average Net Household Income - W2

    £54,525

    94

    National percentile

    10-Year Annualised Price Growth - W2

    1.7%

    6

    National percentile

    10-Year Annualised Rent Growth - W

    2.8%

    2

    National percentile

    View full analysis for W2

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