According to the public record, Flat 5, 4, Balmes Road, London is a mid-century leasehold apartment with 789 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Balmes Road, London, N1.
Balmes Road, London, N1 is located in the borough of Hackney within the N1 postal district.
Flat 5, 4, Balmes Road, London has 31 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated July 2010.
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 5 4 Balmes Road London as £551,422 and the rental value as £1,707 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Flat 5 4 Balmes Road London has decreased by £347 (0.1%) and its rental value has increased by £118 per month (6.9%).
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 5, 4, Balmes Road, London is in very good condition we estimate a sale value of £578,993 and rental value of £1,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,823 and a rental value of £1,587 per month.
If you were able to purchase this property for the estimated value of £551,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,710 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 5, 4, Balmes Road, London was last sold on 12 Jan 2018 for £595,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2018, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 4, Balmes Road, London within a radius of 250 metres over the last 2 years.
The most recent example is Unit 307, 10, Southgate Road, London, N1 3LY, a Leasehold flat which sold for £650,000 in Oct 2022.
Read more about house prices in N1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 250 metres radius of Flat 5, 4, Balmes Road, London over the last 2 years.
Most recently Flat 1, Duo Tower, Penn Street, London, N1 5FF, a Leasehold flat let by London Property Management in Aug 2021.
Balmes Road, London, N1 has a total of 107 addresses. According to our analysis of all the public data, Flat 5, 4, Balmes Road, London is the 37th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in N1.
Flat 5, 4, Balmes Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2010.
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 5, 4, Balmes Road, London is Haggerston 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 5, 4, Balmes Road, London, 47.3% of property is privately rented and 18.8% is privately owned with a mortgage.
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 5, 4, Balmes Road, London, 16.1% of residents are recorded as possessing school level qualifications and 75.7% 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 5, 4, Balmes Road, London, the average age was 34.5 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 5, 4, Balmes Road, London, 1.5% 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 5, 4, Balmes Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.