According to the public record, Flat 18, Balmoral Court, London is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Balmoral Court, King & Queen Wharf, London, SE16.
King & Queen Wharf, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 18, Balmoral Court, London has 61 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated February 2021.
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 Flat 18 Balmoral Court London as £388,469 and the rental value as £2,219 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 18 Balmoral Court London has decreased by £1,560 (0.4%) and its rental value has increased by £76 per month (3.4%).
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 Flat 18, Balmoral Court, London is in very good condition we estimate a sale value of £407,893 and rental value of £2,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,277 and a rental value of £2,064 per month.
If you were able to purchase this property for the estimated value of £388,469, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,909 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, Flat 18, Balmoral Court, London was last sold on 20 May 2021 for £440,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since May 2021, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Balmoral Court, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 2, Sandringham Court, King & Queen Wharf, London, SE16 5SQ, a Leasehold flat which sold for £360,000 in Dec 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
King & Queen Wharf, London, SE16 has a total of 142 addresses. According to our analysis of all the public data, Flat 18, Balmoral Court, London is the 68th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in SE16.
Flat 18, Balmoral Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 18, Balmoral Court, London is Limehouse station which is 700 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 Flat 18, Balmoral Court, London, 51.1% of property is privately rented and 16.0% 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 Flat 18, Balmoral Court, London, 7.7% of residents are recorded as possessing school level qualifications and 78.2% 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 Flat 18, Balmoral Court, London, the average age was 35.9 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 Flat 18, Balmoral Court, London, 0.0% 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 Flat 18, Balmoral Court, 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.