According to the public record, 59B , Balfour Road, London is a period leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 59, Balfour Road, London, N5.
Balfour Road, London, N5 is located in the borough of Islington within the N5 postal district.
59B , Balfour Road, London has a single entry in the Land Registry database from July 2015 and 2 entries in the EPC database, most recently in December 2014.
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 59B Balfour Road London as £545,643 and the rental value as £2,365 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 59B Balfour Road London has increased by £8,460 (1.6%) and its rental value has increased by £156 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 59B , Balfour Road, London is in very good condition we estimate a sale value of £572,925 and rental value of £2,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £507,448 and a rental value of £2,200 per month.
If you were able to purchase this property for the estimated value of £545,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,682 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, 59B , Balfour Road, London was last sold on 16 Jul 2015 for £540,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59B , Balfour Road, London within a radius of 88m over the last 2 years.
The most recent example is Flat E, 20, Highbury Grange, London, N5 2PX, a Leasehold flat which sold for £560,000 in Aug 2023.
Read more about house prices in N5.
Balfour Road, London, N5 has a total of 115 addresses. According to our analysis of all the public data, 59B , Balfour Road, London is the 99th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in N5.
59B , Balfour Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Dec 2014.
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 59B , Balfour Road, London is Canonbury 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 59B , Balfour Road, London, 32.2% of property is privately owned with a mortgage and 24.6% 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 59B , Balfour Road, London, 12.1% 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 59B , Balfour Road, London, the average age was 37.2 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 59B , Balfour Road, London, 1.8% 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 59B , Balfour 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.