11, Balmes Road
11, Balmes Road
Description & Estimates
According to the public record, 11, Balmes Road is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Balmes Road is £354,367 and the estimated rental value is £1,973 per month.
Balmes Road, London, N1 is located in the borough of Hackney within the N1 postal district.
Our Data Sources
11, Balmes Road has a single entry in the Land Registry from August 2013 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 11, Balmes Road is in very good condition we estimate a sale value of £372,085 and a rental value of £2,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,561 and a rental value of £1,835 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 11, Balmes Road has dropped by £10,073 (2.8%), while its estimated rental value has risen by £127 per month (6.4%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
11, Balmes Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, 11, Balmes Road was last sold on 9th August 2013 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2013, the market for similar properties has risen by 54.6%.
- Sold Aug 2013£350,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Balmes Road within a radius of 250 metres over the last 2 years.
The most recent example is Flat 18, St. Aubins Court, De Beauvoir Estate, London, N1 5TN, a leasehold flat which sold for £425,000 on the 16th November 2022.
Read more about house prices in N1.
- Sold Nov 2022£425,000 | 2 Bed FlatSt. Aubins Court, De Beauvoir EstateFlat 18, St. Aubins Court, De Beauvoir Estate, London, N1 5TN
- Sold Jan 2016£345,000 | 2 Bed FlatSt. Aubins Court, De Beauvoir EstateFlat 46, St. Aubins Court, De Beauvoir Estate, London, N1 5TN
- Sold Dec 2015£335,000 | 2 Bed FlatSt. Aubins Court, De Beauvoir EstateFlat 48, St. Aubins Court, De Beauvoir Estate, London, N1 5TN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Balmes Road, London, N1 has a total of 107 addresses. According to our analysis of all the public data, 11, Balmes Road is the 73rd largest and the 107th most expensive property on the street.
When compared to the postcode district it is £394k less expensive than the average property in N1.
More reading links
Schools Nearby
- 200mHackney New Primary School
- 300mRotherfield Primary School
- 400mShoreditch Park Primary School
- 600mWaterside Academy
- 900mCity of London Academy Islington
- 900mThe Bridge Academy
More reading links
Public Transport Nearby
The closest station to 11, Balmes Road is Haggerston station, which is 600 metres away.
- 600mHaggerston
- 800mEssex Road
- 900mDalston Junction
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
