According to the public record, 31A , Ballater Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 672 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 31, Ballater Road, London, SW2.
Ballater Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
31A , Ballater Road, London has 2 entries in the Land Registry database, most recently in November 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31A Ballater Road London as £515,452 and the rental value as £2,121 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 31A Ballater Road London has increased by £6,899 (1.3%) and its rental value has increased by £48 per month (2.3%).
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 31A , Ballater Road, London is in very good condition we estimate a sale value of £541,225 and rental value of £2,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,370 and a rental value of £1,972 per month.
If you were able to purchase this property for the estimated value of £515,452, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,533 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, 31A , Ballater Road, London was last sold on 15 Nov 2023 for £550,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31A , Ballater Road, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat C, 24, Concanon Road, London, SW2 5TA, a Leasehold flat which sold for £499,950 in Jan 2024.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ballater Road, London, SW2 has a total of 129 addresses. According to our analysis of all the public data, 31A , Ballater Road, London is the 88th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in SW2.
The closest station to 31A , Ballater Road, London is Clapham North station which is 600 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 31A , Ballater Road, London, 43.6% of property is privately rented and 27.9% is socially 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 31A , Ballater Road, London, 14.5% of residents are recorded as possessing school level qualifications and 72.0% 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 31A , Ballater Road, London, the average age was 34 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 31A , Ballater Road, London, 0.3% 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 31A , Ballater Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.