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2 bed flat for sale

£1,495,000

Praed Street, Paddington W2

2
Interested in this property? Call 020 3478 2943 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Stylish two bedroom flat arranged on the fifth floor
  • Contemporary building with porter services and lift
  • Modern reception/kitchen with ample space to dine
  • Offers smart master bedroom with en suite bathroom
  • Second well presented and generous bedroom

Property description

Positioned within a modern development this fabulous two bedroom flat benefits from bright and well presented interiors throughout.

Praed Street benefits from an excellent location with easy access to National Rail, Heathrow Express, Bakerloo, Circle, and District underground station Lines as well as many buses.

Property info

Floorplan - Representation Of Current Layout, Internal Floor Area Approx. View original

Market activity
Average price paid £1,173,788 Sales 348 Current average value £1,176,918 (Zoopla Zed-Index) Value change -£34,992 ▼ -2.89%

What is the current average value of properties in W2?

The current average value in W2 in January 2017 is £1,176,918. This has increased 0.89% from October 2016. Terraced properties sold for a current average value of £2,587,097 and semi-detached properties valued £3,959,813. In the past year property prices in W2 have decreased 2.89%. This is according to the current Zoopla estimates.

Property value data/graphs for W2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £7,448,903 £1,992 4.9 £7,000,000
Semi-detached £3,959,813 £1,459 4.5 £2,276,666
Terraced £2,587,097 £1,416 3.6 £2,655,703
Flats £949,305 £1,290 2.0 £981,960

Current asking prices in W2

Average: £1,768,092
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £646,990
(5)
£1,468,462
(13)
£2,042,833
(12)
£3,879,118
(17)
£4,285,353
(14)
Flats £730,150
(211)
£1,266,864
(323)
£2,114,001
(170)
£2,882,967
(32)
£3,285,000
(10)
All £728,225
(216)
£1,274,664
(336)
£2,109,309
(182)
£3,228,570
(49)
£3,868,539
(24)

Current asking rents in W2

Average: £3,191 pcm
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,808 pcm
(23)
£3,190 pcm
(33)
£5,149 pcm
(41)
£11,859 pcm
(21)
£8,320 pcm
(10)
Flats £1,968 pcm
(835)
£3,115 pcm
(788)
£4,843 pcm
(497)
£6,751 pcm
(130)
£8,450 pcm
(2)
All £1,963 pcm
(858)
£3,118 pcm
(821)
£4,866 pcm
(538)
£7,461 pcm
(151)
£8,342 pcm
(12)

Fun facts for W2

Highest value in W2
Highest value streets Zed-Index
Pembridge Place £5,786,504
Dawson Place £5,351,942
Connaught Square £3,788,964
Northumberland Place £3,666,787
Hyde Park Street £3,484,446
Highest turnover in W2
Highest turnover streets Turnover
Connaught Close 40.0%
Victoria Grove Mews 38.5%
Bridstow Place 35.5%
Albion Close 33.3%
Portsea Place 30.9%

What Zoopla users think of W2

Overall rating:

  • currently 4.5 stars
Very good - 87% (225 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate W2:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Edgware Road Bakerloo (0.1 miles)
  • Edgware Road Circle (0.2 miles)
  • Paddington (0.3 miles)
  • London City Airport (9.8 miles)
  • London Heathrow Airport (12.8 miles)
  • London Gatwick Airport (25.6 miles)
  • Embankment Pier (2.3 miles)
  • Savoy Pier (2.3 miles)
  • Westminster Millennium Pier (2.4 miles)

Nearby schools

View all schools in Westminster
  • The Minerva Academy (0.2 miles)
  • Christ Church Bentinck CofE Primary School (0.3 miles)
  • Hampden Gurney CofE Primary School (0.3 miles)
  • City of Westminster College (0.3 miles)
  • DLD College London (0.9 miles)
  • Lansdowne College (0.9 miles)
  • Hospital Home and Education Units co St Mary's Hospitial Tuition Unit (0.2 miles)
  • Ark King Solomon Academy (0.3 miles)
  • Portman Early Childhood Centre (0.3 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in W2

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For more information about this property, please contact
Foxtons - Park Lane, W1K on 020 3478 2943 * (local rate)

Monthly running costs Beta

£5,024 Monthly total
Mortgage
Purchase price
Deposit (10%) 149,500
Repayment term 25
Interest rate 0.5
Your payment £4,772 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £49/mo (£585/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £30 Electricity £35 Estimated energy cost £65/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Westminster

Estimated tax band G Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £13 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Foxtons - Park Lane about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Foxtons - Park Lane, and do not constitute property particulars. Please contact Foxtons - Park Lane for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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