Flat 2, 147
Flat 2, 147
Description & Estimates
Flat 2, 147, Praed Street is recorded publicly as a period leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 147, Praed Street is £404,695 and its rental estimate is £2,134 per month, given the available information and assuming reasonable condition.
147, Praed Street is a residential building on Praed Street, London, W2 and falls within the W2 postal district and the London Borough of City of Westminster.
Our Data Sources
Flat 2, 147, Praed Street has 31 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 147, Praed Street, we estimate a market value of £424,929 and a rental value of £2,240 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £376,366 and £1,984 per month respectively.
Recent Market Change
Over the last year, Flat 2, 147, Praed Street has seen its estimated sale value decrease by £2,191 (0.5%) and its estimated rental value grow by £127 per month (5.9%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 147, Praed Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 147, Praed Street completed on 23rd November 2012 at £399,999 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 7.5% over the period since November 2012.
- Sold Nov 2012£399,999
- Sold Mar 2009£370,000
- Sold Aug 2003£260,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 147, Praed Street have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th March 2020, was Flat 5, 8, Spring Street, London, W2 3RA, a leasehold flat which sold for £432,500.
Read more about house prices in W2.
- Sold Mar 2020£432,500 | 2 Bed Flat8, Spring StreetFlat 5, 8, Spring Street, London, W2 3RA
- Sold Jun 2019£615,000 | 2 Bed FlatAlleyn Court 123, Sussex GardensFlat 3, Alleyn Court 123, Sussex Gardens, London, W2 2RZ
- Sold Aug 2011£415,000 | 2 Bed FlatSpring Street28 Sussex Court, Spring Street, London, W2 1JF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 501 addresses on Praed Street, London, W2, Flat 2, 147, Praed Street comes out as the 238th largest and the 394th most expensive in our analysis of the public data.
It is also £667k less expensive than the average property across the W2 district.
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Schools Nearby
- 500mSt James & St John Church of England Primary School
- 700mHampden Gurney CofE Primary School
- 800mChrist Church Bentinck CofE Primary School
- 300mMarylebone Boys' School
- 1.4kmWestminster Academy
- 1.6kmPaddington Academy
More reading links
Public Transport Nearby
From Flat 2, 147, Praed Street, the nearest station is Paddington, 100 metres away.
- 100mPaddington
- 200mLondon Paddington
- 500mEdgware Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
