According to the public record, Ground Flat, 9, Balfour Road, London is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 9, Balfour Road, London, SE25.
Balfour Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
Ground Flat, 9, Balfour Road, London has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated December 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 Ground Flat 9 Balfour Road London as £311,800 and the rental value as £1,491 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Ground Flat 9 Balfour Road London has increased by £2,321 (0.7%) and its rental value has increased by £4 per month (0.3%).
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 Ground Flat, 9, Balfour Road, London is in very good condition we estimate a sale value of £327,390 and rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,974 and a rental value of £1,387 per month.
If you were able to purchase this property for the estimated value of £311,800, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,532 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, Ground Flat, 9, Balfour Road, London was last sold on 21 Jun 2010 for £57,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 83.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Flat, 9, Balfour Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 12A, Stanger Road, London, SE25 5JU, a Leasehold flat which sold for £350,000 in Jun 2024.
Read more about house prices in SE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balfour Road, London, SE25 has a total of 78 addresses. According to our analysis of all the public data, Ground Flat, 9, Balfour Road, London is the 66th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in SE25.
Ground Flat, 9, Balfour Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Dec 2016.
The property is connected to mains gas and has single glazed windows. It is heated using room heaters.
The closest station to Ground Flat, 9, Balfour Road, London is Norwood Junction station which is 300 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 Ground Flat, 9, Balfour Road, London, 45.8% of property is privately rented and 21.5% 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 Ground Flat, 9, Balfour Road, London, 20.2% of residents are recorded as possessing school level qualifications and 40.2% 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 Ground Flat, 9, Balfour Road, London, the average age was 36 and the most common age was 37.
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 Ground Flat, 9, Balfour 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 Ground Flat, 9, Balfour Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.