56, Balfour Road
56, Balfour Road
Description & Estimates
56, Balfour Road, Nottingham is described in the public record as a period house with 1,280 ft2 of internal area, sitting on a 91.9 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 56, Balfour Road, Nottingham is £385,385 and its rental estimate is £1,042 per month, given the available information and assuming reasonable condition.
Balfour Road, Nottingham, NG7 falls within the NG7 postal district.
Our Data Sources
56, Balfour Road, Nottingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2023.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56, Balfour Road, Nottingham, we estimate a market value of £404,654 and a rental value of £1,094 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £358,408 and £969 per month respectively.
Recent Market Change
Over the last year, 56, Balfour Road, Nottingham has seen its estimated sale value decline by £7,518 (2.0%) and its estimated rental value climb by £6 per month (0.5%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 56, Balfour Road, Nottingham as measuring 92 m2.
That makes it the 5th largest plot in the postcode, where 15 of the 30 other houses have recorded plot data.
Energy Efficiency
56, Balfour Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 56, Balfour Road, Nottingham completed on 20th August 2004 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Aug 2004£180,000
- Sold Aug 1996£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Balfour Road, Nottingham have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2024, was 51, Derby Grove, Nottingham, NG7 1PE, a freehold house which sold for £410,000.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on Balfour Road, Nottingham, NG7, 56, Balfour Road, Nottingham comes out as the 9th largest and the 4th most expensive in our analysis of the public data.
It is also £187k more expensive than the average property across the NG7 district.
More reading links
Schools Nearby
- 600mMellers Primary School
- 700mRadford Primary School Academy
- 700mEdna G. Olds Academy
- 1.4kmDjanogly City Academy
- 1.8kmNottingham University Academy of Science and Technology
- 1.9kmBluecoat Trent Academy
More reading links
Public Transport Nearby
From 56, Balfour Road, Nottingham, the nearest station is Nottingham, 1.7 kilometres away.
- 1.7kmNottingham
- 4.6kmBeeston
- 5.3kmBulwell
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
