According to the public record, 54, Ballance Road, London is a mid-century leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 54, Ballance Road, London, E9.
Ballance Road, London, E9 is located in the borough of Hackney within the E9 postal district.
54, Ballance Road, London has 51 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated October 2019.
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 54 Ballance Road London as £408,828 and the rental value as £2,351 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 54 Ballance Road London has increased by £4,943 (1.2%) and its rental value has increased by £103 per month (4.4%).
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 54, Ballance Road, London is in very good condition we estimate a sale value of £429,270 and rental value of £2,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,210 and a rental value of £2,186 per month.
If you were able to purchase this property for the estimated value of £408,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,009 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, 54, Ballance Road, London was last sold on 09 Jan 2023 for £460,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 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 54, Ballance Road, London within a radius of 280 metres over the last 2 years.
The most recent example is 48, Ballance Road, London, E9 5SR, a Leasehold flat which sold for £450,000 in Dec 2022.
Read more about house prices in E9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ballance Road, London, E9 has a total of 124 addresses. According to our analysis of all the public data, 54, Ballance Road, London is the 54th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in E9.
54, Ballance Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 54, Ballance Road, London is Homerton station which is 100 metres 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 54, Ballance Road, London, 56.7% of property is socially rented and 26.0% 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 54, Ballance Road, London, 33.2% of residents are recorded as possessing school level qualifications and 40.0% 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 54, Ballance Road, London, the average age was 33.6 and the most common age was 32.
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 54, Ballance Road, London, 0.7% 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 54, Ballance Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.