According to the public record, 56, Balaam Street, London is a mid-century freehold house with 828 ft2 of internal area and sits on a 172 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Balaam Street, London, E13 is located in the borough of Newham within the E13 postal district.
56, Balaam Street, London has 21 entries in the Land Registry database, most recently in September 2011 and a single entry in the EPC database dated March 2011.
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 56 Balaam Street London as £402,776 and the rental value as £2,180 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 56 Balaam Street London has increased by £15,364 (3.8%) and its rental value has increased by £118 per month (5.4%).
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 56, Balaam Street, London is in very good condition we estimate a sale value of £422,915 and rental value of £2,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,582 and a rental value of £2,028 per month.
If you were able to purchase this property for the estimated value of £402,776, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,980 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 data from HM Land Registry, 56, Balaam Street, London sits on a plot of 172m2.
We have plot size data on 7 out of 19 other houses in the postcode and 56, Balaam Street, London sits on the 3rd largest plot.
According to HM Land Registry, 56, Balaam Street, London was last sold on 12 Sep 2011 for £175,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2011, the market for similar properties has risen 101.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Balaam Street, London within a radius of 350 metres over the last 2 years.
The most recent example is 54, Balaam Street, London, E13 8AQ, a Freehold house which sold for £400,000 in Aug 2022.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balaam Street, London, E13 has a total of 259 addresses. According to our analysis of all the public data, 56, Balaam Street, London is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in E13.
56, Balaam Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2011.
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 56, Balaam Street, London is Plaistow station which is 900 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 56, Balaam Street, London, 38.9% of property is socially rented and 26.6% 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 56, Balaam Street, London, 27.8% 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 56, Balaam Street, London, the average age was 33.4 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 56, Balaam Street, London, 0.2% 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 56, Balaam Street, 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.