As updated by Saint Andrews Bureau in Dec 2023, 27 Balmoral House, London is a modern leasehold apartment with 882 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 987 years remaining on the lease.
The apartment is in Balmoral House, Earls Way, London, SE1.
Earls Way, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for 27 Balmoral House London as £1,225,611 and the rental value as £4,184 per month giving an expected gross yield of 4.1%.
Saint Andrews Bureau described the decorative condition as fair in Dec 2023.
Over the last 12 months the sale value of 27 Balmoral House London has decreased by £18,735 (1.5%) and its rental value has increased by £68 per month (1.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 27 Balmoral House, London is in very good condition we estimate a sale value of £1,286,891 and rental value of £4,393 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,139,818 and a rental value of £3,891 per month.
If you were able to purchase this property for the estimated value of £1,225,611, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,024 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 27 Balmoral House, London was last sold on 11 Nov 2016 for £1,210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has dropped 9.6%
According to Saint Andrews Bureau , 27 Balmoral House, London was let once since 2021 with the latest being in Dec 2023 for an undisclosed price.
Since Dec 2023, the market values of similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27 Balmoral House, London within a radius of 53m over the last 2 years.
The most recent example is 31 Balmoral House, Earls Way, London, SE1 2QR, a Leasehold flat which sold for £1,025,000 in Nov 2023.
Read more about house prices in SE1.
Our network of Estate Agents report 1 let of a property similar to 27 Balmoral House, London within a radius of 54m over the last 2 years.
Most recently 7 Chatsworth House, Duchess Walk, London, SE1 2RY, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Sep 2023.
Earls Way, London, SE1 has a total of 135 addresses. According to our analysis of all the public data, 27 Balmoral House, London is the 60th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £578k more expensive than the average property in SE1.
27 Balmoral House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 27 Balmoral House, London is London Bridge station which is 500 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 27 Balmoral House, London, 62.7% of property is socially rented and 21.8% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 27 Balmoral House, London, 18.3% of residents are recorded as possessing school level qualifications and 40.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 27 Balmoral House, London, the average age was 34.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 27 Balmoral House, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 27 Balmoral House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.