Flat 2, 8
Flat 2, 8
Description & Estimates
The public record describes Flat 2, 8, Balmes Road as a modern apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 2, 8, Balmes Road has an estimated sale value of £540,047 and an estimated rental value of £1,906 per month, assuming reasonable condition and based on the information available.
The apartment sits within 8, Balmes Road, London, N1.
Balmes Road, London, N1 lies in the borough of Hackney, within the N1 postal district.
Our Data Sources
Flat 2, 8, Balmes Road has no records in the the Land Registry and a single entry in the EPC database dated December 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 8, Balmes Road would be worth £567,050, with a potential rental value of £2,001 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £502,244, with a rental value of £1,773 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 8, Balmes Road has moved down by £21,541 (4.0%) over the last year. During the same period, its estimated monthly rental value has increased by £109 (5.7%). The property's estimated gross yield is currently 4.2%.
Energy Efficiency
Flat 2, 8, Balmes Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 250 metres of Flat 2, 8, Balmes Road across the last 2 years.
Most recently, Flat 2, Acton Apartments 13, Branch Place, London, N1 5PH, a leasehold flat, sold at £677,000 on the 23rd October 2024.
Read more about house prices in N1.
- Sold Oct 2024£677,000 | 2 Bed FlatActon Apartments 13, Branch PlaceFlat 2, Acton Apartments 13, Branch Place, London, N1 5PH
- Sold Oct 2022£650,000 | 2 Bed Flat10, Southgate RoadUnit 307, 10, Southgate Road, London, N1 3LY
- Sold Jun 2021£590,200 | 2 Bed Flat10, Southgate RoadUnit 208, 10, Southgate Road, London, N1 3LY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 8, Balmes Road as the 44th largest and the 37th most expensive of the 107 addresses on Balmes Road, London, N1.
Against the N1 postcode district average, it is £208k less expensive than the typical property.
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Schools Nearby
- 200mHackney New Primary School
- 300mRotherfield Primary School
- 300mShoreditch Park Primary School
- 600mWaterside Academy
- 800mCity of London Academy Islington
- 900mThe Bridge Academy
More reading links
Public Transport Nearby
Haggerston station is the nearest stop to Flat 2, 8, Balmes Road at 700 metres away.
- 700mHaggerston
- 800mEssex Road
- 900mHoxton
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
