According to the public record, Flat 34, Ballinger Point, London is a mid-century 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 Ballinger Point, Bromley High Street, London, E3.
Bromley High Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 34, Ballinger Point, London has 2 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated June 2016.
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 34 Ballinger Point London as £263,266 and the rental value as £1,605 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 34 Ballinger Point London has decreased by £4,809 (1.8%) and its rental value has increased by £34 per month (2.1%).
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 34, Ballinger Point, London is in very good condition we estimate a sale value of £276,429 and rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,838 and a rental value of £1,493 per month.
If you were able to purchase this property for the estimated value of £263,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,294 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 34, Ballinger Point, London was last sold on 05 Jan 2018 for £330,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 34, Ballinger Point, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 19, Dorrington Point, Bromley High Street, London, E3 3EL, a Leasehold flat which sold for £285,000 in Nov 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley High Street, London, E3 has a total of 499 addresses. According to our analysis of all the public data, Flat 34, Ballinger Point, London is the 220th largest and the 370th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in E3.
Flat 34, Ballinger Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 34, Ballinger Point, London is Bow Church station which is 400 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 34, Ballinger Point, London, 68.1% of property is socially rented and 17.7% 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 Flat 34, Ballinger Point, London, 32.2% of residents are recorded as possessing school level qualifications and 28.3% 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 34, Ballinger Point, London, the average age was 31.1 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 Flat 34, Ballinger Point, 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 34, Ballinger Point, 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.