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Flat 34, Ballinger Point is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 34, Ballinger Point is £206,055 and its rental estimate is £1,309 per month, given the available information and assuming reasonable condition.
Ballinger Point, Bromley High Street is a residential building on Bromley High Street, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Flat 34, Ballinger Point has 2 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 Flat 34, Ballinger Point, we estimate a market value of £216,358 and a rental value of £1,375 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,631 and £1,218 per month respectively.
Over the last year, Flat 34, Ballinger Point has seen its estimated sale value decrease by £6,648 (3.2%) and its estimated rental value grow by £58 per month (4.4%). This results in an estimated gross rental yield of 7.6%.
Flat 34, Ballinger Point has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of Flat 34, Ballinger Point completed on 5th January 2018 at £330,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 56.3% over the period since January 2018.
Over the past 2 years 3 properties similar to Flat 34, Ballinger Point have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th November 2024, was Flat 5, Ballinger Point, Bromley High Street, London, E3 3EH, a leasehold flat which sold for £175,000.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 499 addresses on Bromley High Street, London, E3, Flat 34, Ballinger Point comes out as the 190th largest and the 427th most expensive in our analysis of the public data.
It is also £239k less expensive than the average property across the E3 district.
From Flat 34, Ballinger Point, the nearest station is Bow Church, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 34, Ballinger Point, 68.1% of property is socially rented and 17.7% 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 Flat 34, Ballinger Point, 32.2% of residents are recorded as possessing school level qualifications and 28.3% 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 Flat 34, Ballinger Point, the average age was 31.1 and the most common age was 32.
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 Flat 34, Ballinger Point, 0.0% 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 Flat 34, Ballinger Point, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.