According to the public record, 31 Balmoral House, London is a modern leasehold apartment and with 882 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
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.
31 Balmoral House, London has 2 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Balmoral House London as £1,226,500 and the rental value as £4,187 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 31 Balmoral House London has decreased by £18,749 (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 31 Balmoral House, London is in very good condition we estimate a sale value of £1,287,825 and rental value of £4,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,140,645 and a rental value of £3,894 per month.
If you were able to purchase this property for the estimated value of £1,226,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,028 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, 31 Balmoral House, London was last sold on 30 Nov 2023 for £1,025,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31 Balmoral House, London within a radius of 53m over the last 2 years.
The most recent example is 6 Godwin House, Still Walk, London, SE1 2RA, a Leasehold flat which sold for £1,270,000 in Sep 2023.
Read more about house prices in SE1.
Our network of Estate Agents report 2 lets of properties similar to 31 Balmoral House, London within a radius of 54m over the last 2 years.
Most recently 27 Balmoral House, Earls Way, London, SE1 2QR, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Dec 2023.
Earls Way, London, SE1 has a total of 135 addresses. According to our analysis of all the public data, 31 Balmoral House, London is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £579k more expensive than the average property in SE1.
31 Balmoral House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 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 31 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 31 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 31 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 31 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 31 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 31 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.