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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 7, Balmer Road is a modern freehold house with 1,011 ft2 of internal area and sits on a 91.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Balmer Road is £660,928 and the estimated rental value is £4,064 per month.
Balmer Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
7, Balmer Road has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated October 2020.
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.
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 7, Balmer Road is in very good condition we estimate a sale value of £693,974 and a rental value of £4,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £614,663 and a rental value of £3,780 per month.
Over the last 12 months the sale value of 7 Balmer Road has decreased by an estimated £25,235 (3.8%) and its rental value has increased by an estimated £122 per month (3.0%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 7, Balmer Road sits on a plot of 91m2.
We have plot size data on 4 out of 5 other houses in the postcode and 7, Balmer Road sits on the 3rd largest plot.
7, Balmer Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Balmer Road was last sold on 16th November 2007 for £157,553 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Balmer Road within a radius of 290 metres over the last 2 years.
The most recent example is 52, Coborn Road, London, E3 2DG, a freehold house which sold for £848,000 on the 19th February 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmer Road, London, E3 has a total of 5 addresses. According to our analysis of all the public data, 7, Balmer Road is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £214k more expensive than the average property in E3.
The nearest school is Malmesbury Primary School which is 189 metres away. The nearest train station is Bow Road which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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