According to the public record, 9, Balfour Mews, London is a period Leasehold apartment and with 1,442 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Balfour Mews, London, W1 is located in the borough of City of Westminster within the W1 postal district.
9, Balfour Mews, London has a single entry in the Land Registry database from September 2010 and 2 entries in the EPC database, most recently in June 2018.
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 9 Balfour Mews London as £2,236,963 and the rental value as £7,434 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 9 Balfour Mews London has increased by £7,248 (0.3%) and its rental value has increased by £493 per month (6.6%).
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 9, Balfour Mews, London is in very good condition we estimate a sale value of £2,348,811 and rental value of £7,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,080,376 and a rental value of £6,913 per month.
If you were able to purchase this property for the estimated value of £2,236,963, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £10,994 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, 9, Balfour Mews, London was last sold on 15 Sep 2010 for £1,270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Balfour Mews, London within a radius of 355m over the last 2 years.
The most recent example is Flat 71, Chesterfield House, Chesterfield Gardens, London, W1J 5JX, a Leasehold flat which sold for £2,650,000 in Feb 2021.
Read more about house prices in W1.
Balfour Mews, London, W1 has a total of 10 addresses. According to our analysis of all the public data, 9, Balfour Mews, London is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £237k more expensive than the average property in W1.
9, Balfour Mews, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jun 2018.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 9, Balfour Mews, London is Hyde Park Corner station which is 600 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 9, Balfour Mews, London, 65.0% of property is privately rented and 18.0% is privately owned outright.
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 9, Balfour Mews, London, 23.1% of residents are recorded as possessing school level qualifications and 59.8% 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 9, Balfour Mews, London, the average age was 41 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 9, Balfour Mews, London, 11.6% 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 9, Balfour Mews, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.