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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Ballance Road is £330,888 and the estimated rental value is £1,868 per month.
Ballance Road, London, E9 is located in the borough of Hackney within the E9 postal district.
55, Ballance Road has no records in the the Land Registry and a single entry in the EPC database dated February 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 55, Ballance Road is in very good condition we estimate a sale value of £347,432 and a rental value of £1,961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,725 and a rental value of £1,737 per month.
Over the last 12 months the sale value of 55 Ballance Road has decreased by an estimated £6,422 (1.9%) and its rental value has increased by an estimated £95 per month (5.1%), giving an expected gross yield of 6.8%.
55, Ballance Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Ballance Road within a radius of 280 metres over the last 2 years.
The most recent example is 59, Ballance Road, London, E9 5ST, a leasehold flat which sold for £302,970 on the 22nd December 2023.
Read more about house prices in E9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ballance Road, London, E9 has a total of 123 addresses. According to our analysis of all the public data, 55, Ballance Road is the 49th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in E9.
The closest station to 55, Ballance Road is Homerton station which is 100 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 55, Ballance Road, 44.3% of property is socially rented and 19.6% 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 55, Ballance Road, 28.2% of residents are recorded as possessing school level qualifications and 42.6% 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 55, Ballance Road, the average age was 35.2 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 55, Ballance Road, 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 55, Ballance Road, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.