Housing Market Analysis for PRAED STREET, W2 1AL

Are you looking to understand W2 1AL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Westminster postcode.

For the location information and nearby amenities in the W2 1AL area, explore the W2 1AL Area information page.
For comprehensive crime statistics in the W2 1AL area, explore the W2 1AL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W2 1AL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £517,173 median price is £445,000 Standard Deviation is £308,190 with Total Sold: 80
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 706, BALMORAL APARTMENTS, 2 PRAED STREET: £450,000 (Sold on 15 Aug 2023)
    • The first recorded sale happened at this postcode is FLAT 517, BALMORAL APARTMENTS, 2 PRAED STREET: £1,250,000 (Sold on 03 Apr 2008)
  • Detached
    • The average price is around £932,500 median price is £932,500 Standard Deviation is £417,500 with Total Sold: 2
    • The Last 5 Year average price is £1,350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 601, BALMORAL APARTMENTS, 2 PRAED STREET: £1,350,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is FLAT 601, BALMORAL APARTMENTS, 2 PRAED STREET: £515,000 (Sold on 18 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 1AL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£450,000 £14,062 1
2018£1,072,500 £13,780 2
2016£1,337,500 £14,248 2
2015£889,333 £18,057 3
2014£662,500 £12,767 2
2013£524,750 £12,098 4
2012£495,833 £12,060 3
2011£1,200,000 £13,043 1
2009£472,500 £8,796 2
2008£853,333 £8,560 3
2007£516,000 £8,786 7
2006£479,571 £7,727 7
2004£394,333 £6,553 3
2003£391,684 £6,163 40
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,350,000 £12,808 1
2003£515,000 £4,886 1

All the Sales in the PRAED STREET, W2 1AL

See the table below for more details on the sold house prices in the W2 1AL, Westminster postcode.

AddressSold DatePrice% Change
FLAT 706, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 32 Sq.mtrAge: 1996-200215 Aug 2023£450,00081.45%
08 Sep 2003£248,000First Sale
FLAT 601, BALMORAL APARTMENTS, 2 PRAED STREETDetached, LeaseholdArea: 105.4 Sq.mtrAge: 1996-200211 Feb 2022£1,350,000162.14%
18 Jul 2003£515,000First Sale
FLAT 616, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 93 Sq.mtrAge: 2003-200620 Nov 2018£1,385,000147.32%
12 May 2006£560,0002.75%
26 Sep 2003£545,000First Sale
FLAT 705, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-200206 Jul 2018£760,00072.73%
03 Nov 2006£440,00023.94%
21 Aug 2003£355,000First Sale
FLAT 515, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 52.95 Sq.mtrAge: 2003-200622 Sep 2016£675,000138.20%
19 Nov 2003£283,375First Sale
FLAT 611, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 127 Sq.mtrAge: 1996-200216 Jun 2016£2,000,000105.13%
17 Sep 2003£975,000First Sale
FLAT 602, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 76.58 Sq.mtrAge: 2003-200625 Nov 2015£1,000,00057.48%
23 Nov 2007£635,00078.87%
08 Aug 2003£355,000First Sale
FLAT 503, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 39 Sq.mtrAge: 2003-200631 Mar 2015£1,100,000347.15%
15 Dec 2003£246,00018.93%
13 Jun 2003£206,850First Sale
FLAT 508, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 44 Sq.mtrAge: 1996-200204 Mar 2015£568,000137.78%
25 Jul 2003£238,875First Sale
FLAT 606, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 41 Sq.mtrAge: 2003-200603 Oct 2014£575,000106.83%
27 Feb 2004£278,00013.47%
30 Jul 2003£245,000First Sale
FLAT 505, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 65.16 Sq.mtrAge: 2003-200612 Feb 2014£750,00029.31%
23 Sep 2009£580,00075.76%
13 Jun 2003£330,000First Sale
FLAT 507, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 41 Sq.mtrAge: 1996-200217 Dec 2013£499,00081.45%
08 Apr 2004£275,00014.58%
11 Jul 2003£240,000First Sale
FLAT 513, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-200628 Oct 2013£595,00012.26%
20 Dec 2012£530,00085.96%
10 Jul 2003£285,000First Sale
FLAT 504, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 42 Sq.mtrAge: 1996-200227 Sep 2013£480,00057.38%
13 Jul 2006£305,00036.01%
27 Jun 2003£224,250First Sale
FLAT 608, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 40 Sq.mtrAge: 1996-200201 Aug 2013£525,000110.00%
30 Jul 2003£250,000First Sale
FLAT 704, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 31 Sq.mtrAge: 1983-199002 Aug 2012£425,00030.77%
02 Mar 2007£325,00019.49%
05 Jan 2007£272,000-12.26%
16 Jan 2006£310,0007.83%
19 Sep 2003£287,500First Sale
FLAT 614, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 44.09 Sq.mtrAge: 2003-200603 Feb 2012£532,50034.81%
11 May 2007£395,00042.15%
18 Aug 2003£277,875First Sale
FLAT 501, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 92 Sq.mtrAge: 2003-200631 Jan 2011£1,200,000137.62%
25 Jul 2003£505,000First Sale
FLAT 604, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 42 Sq.mtrAge: 1996-200202 Jul 2009£365,00023.73%
14 Nov 2006£295,00022.92%
18 Jul 2003£240,000First Sale
FLAT 610, BALMORAL APARTMENTS, 2 PRAED STREETFlat, Leasehold16 Sep 2008£680,00063.86%
15 Aug 2003£415,000First Sale
FLAT 509, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 73.6 Sq.mtrAge: 1996-200218 Apr 2008£630,00071.66%
12 Sep 2003£367,000First Sale
FLAT 512, BALMORAL APARTMENTS, 2 PRAED STREETFlat, Leasehold29 Jun 2007£795,00049.30%
14 Jul 2003£532,500First Sale
FLAT 605, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 52.95 Sq.mtrAge: 2003-200621 May 2007£450,00042.86%
18 Jul 2003£315,000First Sale
FLAT 516, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 96 Sq.mtrAge: 2003-200621 Feb 2007£740,00041.69%
18 Jul 2003£522,250First Sale
FLAT 612, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 106.5 Sq.mtrAge: 1996-200231 Oct 2006£950,000-5.00%
11 Sep 2003£1,000,000First Sale
FLAT 510, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-200601 Jun 2006£497,00027.44%
11 Jul 2003£390,000First Sale
FLAT 701, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 102.09 Sq.mtrAge: 1996-200208 Sep 2004£630,00014.55%
21 Aug 2003£550,000First Sale
FLAT 613, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 50.4 Sq.mtrAge: 1996-200212 Dec 2003£342,50014.93%
29 Aug 2003£298,000First Sale
FLAT 615, BALMORAL APARTMENTS, 2 PRAED STREETFlat, Leasehold07 Nov 2003£315,000First Sale
FLAT 703, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-200621 Aug 2003£270,000First Sale
FLAT 702, BALMORAL APARTMENTS, 2 PRAED STREETFlat, Leasehold20 Aug 2003£355,000First Sale
FLAT 617, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 112 Sq.mtrAge: 2003-200605 Aug 2003£712,375First Sale
FLAT 607, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 39.8 Sq.mtrAge: 2003-200631 Jul 2003£245,000First Sale
FLAT 609, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 70.992 Sq.mtrAge: 2003-200630 Jul 2003£565,000First Sale
FLAT 603, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 42 Sq.mtrAge: 2003-200618 Jul 2003£235,000First Sale
FLAT 506, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-200617 Jul 2003£240,000First Sale
FLAT 511, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 1996-200214 Jul 2003£540,000First Sale
FLAT 517, BALMORAL APARTMENTS, 2 PRAED STREETFlat, Leasehold08 Jul 2003£775,000-38.00%
03 Apr 2008£1,250,000First Sale
FLAT 502, BALMORAL APARTMENTS, 2 PRAED STREETFlat, LeaseholdArea: 67.06 Sq.mtrAge: 2003-200613 Jun 2003£345,000First Sale

Check out the sold house prices near the W2 1AL postcode. Properties currently for saleProperties currently for rent

PRAED STREET, W2 1AL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W2 1AL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the W2 1AL postcode.

  • Other
    • The average price is around £3,927,200 median price is £900,000 Standard Deviation is £11,394,803 with Total Sold: 295
    • The Last 5 Year average price is £3,726,623 with Total Sold: 144
    • The most recent sale happened at this postcode is , 13 ASHBRIDGE STREET: £1,150,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 160 - 162 EDGWARE ROAD: £121,550 (Sold on 09 Jun 2011)
  • Terraced
    • The average price is around £1,210,139 median price is £785,000 Standard Deviation is £1,295,338 with Total Sold: 770
    • The Last 5 Year average price is £2,421,843 with Total Sold: 92
    • The most recent sale happened at this postcode is , 15 PRAED MEWS: £905,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 92 SUSSEX GARDENS: £600,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £538,998 median price is £370,000 Standard Deviation is £542,708 with Total Sold: 10,876
    • The Last 5 Year average price is £1,061,511 with Total Sold: 1,492
    • The most recent sale happened at this postcode is FLAT 5, 5 TALBOT SQUARE: £975,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 25, 25 PORCHESTER PLACE: £115,000 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £887,882 median price is £697,500 Standard Deviation is £817,910 with Total Sold: 26
    • The Last 5 Year average price is £1,805,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 17 HARCOURT STREET: £1,500,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is , 248 MARYLEBONE ROAD: £1,663,419 (Sold on 02 May 1995)
  • Semi-Detached
    • The average price is around £741,975 median price is £452,500 Standard Deviation is £813,385 with Total Sold: 36
    • The Last 5 Year average price is £3,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 8 CAMBRIDGE SQUARE: £3,000,000 (Sold on 03 Dec 2021)
    • The first recorded sale happened at this postcode is , 12 HOGAN MEWS: £200,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,133,5717
2023£1,319,068 £23,157 19
2022£3,557,996 £22,459 21
2021£4,877,040 £13,645 34
2020£7,073,527 £15,210 29
2019£1,499,027 £10,378 34
2018£6,351,806 £28,313 28
2017£4,357,633 £36,495 53
2016£1,428,519 £16,089 31
2015£2,860,157 £27,383 18
2014£9,070,052 £169,051 11
2013£1,936,222 £16,058 9
2011£121,5501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,731,725 £10,476 8
2023£2,040,326 £13,795 19
2022£2,377,211 £14,820 19
2021£2,265,375 £14,978 16
2020£3,372,544 £14,186 17
2019£1,803,329 £11,536 13
2018£2,276,250 £14,872 16
2017£3,324,467 £15,628 15
2016£2,262,810 £12,534 21
2015£2,511,826 £17,503 23
2014£2,965,000 £15,482 19
2013£1,817,676 £15,614 21
2012£1,539,524 £11,819 21
2011£1,462,299 £13,177 23
2010£1,469,728 £8,559 18
2009£1,099,188 £8,964 16
2008£1,339,846 £10,976 13
2007£1,401,771 £8,092 34
2006£1,006,979 £5,895 43
2005£801,058 £5,170 31
2004£849,557 £5,914 39
2003£618,500 £5,734 29
2002£602,406 £5,515 32
2001£544,991 £3,403 36
2000£524,703 £4,228 49
1999£456,436 £2,917 44
1998£367,542 £2,922 38
1997£319,303 £2,903 48
1996£270,978 £1,674 23
1995£323,538 £1,749 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£799,242 £9,364 69
2023£1,104,418 £11,720 188
2022£1,032,495 £13,246 278
2021£1,181,200 £15,007 470
2020£1,057,335 £13,914 268
2019£892,386 £12,177 219
2018£876,581 £11,759 159
2017£982,284 £12,969 229
2016£1,033,427 £13,581 305
2015£996,135 £12,625 293
2014£935,432 £12,073 470
2013£751,895 £10,267 293
2012£585,757 £9,201 293
2011£620,864 £8,432 226
2010£629,109 £8,128 277
2009£558,304 £7,340 242
2008£558,380 £7,223 262
2007£486,378 £7,037 534
2006£407,128 £5,633 540
2005£378,643 £5,450 411
2004£349,896 £5,042 418
2003£382,036 £5,600 711
2002£317,691 £4,858 792
2001£264,786 £3,610 471
2000£242,509 £3,246 573
1999£206,030 £2,681 414
1998£178,088 £2,286 372
1997£162,901 £2,197 444
1996£142,582 £1,819 350
1995£122,213 £1,656 305
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,500,0001
2022£1,350,000 £12,808 1
2019£2,185,000 £15,217 2
2014£708,5001
2013£745,000 £14,057 1
2011£2,000,000 £11,414 1
2009£400,000 £11,567 1
2004£695,0001
2003£515,000 £4,886 1
2002£1,616,667 £5,280 3
2001£531,667 £3,005 3
1999£301,600 £5,488 5
1998£390,0001
1997£160,000 £3,902 1
1996£317,5002
1995£1,663,4191
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£3,000,000 £13,699 1
2015£935,000 £15,455 1
2010£885,000 £7,893 1
2009£3,550,0001
2007£935,000 £7,484 2
2006£2,950,000 £8,526 1
2004£900,000 £7,087 1
2003£732,033 £1,496 3
2002£494,000 £3,556 2
2001£555,000 £4,296 3
2000£522,500 £3,905 2
1999£405,000 £2,161 9
1998£400,000 £2,381 2
1997£301,400 £2,077 5
1995£387,500 £1,757 2

House Type in W2 1AL area

The most common house types in the W2 1AL postcode area are Flat (132), Terraced (26), and Shared house (25).

Total203
Flat132
Terraced26
Shared house25
commercial building15
Detached3
converted building2
Semi-detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (129), and Owned: Owns outright (25).

Private rented: Private landlord or letting agency129
Owned: Owns outright25
Owned: Owns with a mortgage or loan22
Private rented: Other private rented16
Social rented: Other social rented9
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the W2 1AL have 1 person in household (100), and 2 people in household (63).

1 person in household100
2 people in household63
3 people in household20
4 people in household16
5 people in household3
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0