Flat 5, 56 Balcombe Street, London, NW1 6ND is a leasehold flat built between 1900-1929. The property offers approximately 409 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £493,280 , which equates to approximately £1,206 per square foot. It was last sold on 24 Feb 2006 for £250,000. Since then, the value has increased by £243,280, representing a 97.3% increase, or approximately 4.9% per year.

The current estimated value of £493,280 is:

  • 32.1% lower than the average property price on Balcombe Street
  • 38.1% lower than the average in the NW1 6ND postcode area
  • and 41.0% lower than the average price for London as a whole

At the most recent EPC inspection on 15 June 2022, the property was recorded as rented.

View sold house prices in NW1 6ND

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£493,280
Price Per sq ft (estimate)
£1,206
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 56 Balcombe Street, London, City Of Westminster, Greater London, NW1 6ND has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 15 Jun 2022.

Electric instantaneous heaters at the point of use are used to provide hot water. The windows have some double glazing.

The previous EPC assessment was conducted on 2 Aug 2012, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 29.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to no system present: electric heaters assumed, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was changed from low energy lighting in 71% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NW1 6ND

29 th / 42
Price Rank
38% lower than average
15 th / 23
Size Rank
31% smaller than average
11 th / 23
Price Per Sq FT Rank
11% lower than average

Compared to other properties in NW1 6ND , this flat's estimated value ranks 29th out of 42. Based on price per square foot, it ranks 11th out of 23 properties. In terms of size, this home ranks 15th out of 23 properties in its postcode area.

Sale History

Today
£493,280
streetscan.co.uk estimate
+97 %
24 Feb 2006
£250,000
Leasehold
+123.2 %
12 Feb 1999
£112,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Second Floor Flat, 46 Balcombe Street, Marylebone, London, NW1 6ND
rooms: 2
size: 377 sq ft
sale price: £520,000
sale date: 22 Jul 2024
Flat 2, 48 Balcombe Street, Marylebone, London, NW1 6ND
rooms: 2
size: 410 sq ft
sale price: £676,000
sale date: 25 Mar 2021
Flat 3, 60 Balcombe Street, Marylebone, London, NW1 6ND
rooms: 2
size: 409 sq ft
sale price: £495,000
sale date: 28 Feb 2018
Second Floor Flat, 36 Balcombe Street, London, NW1 6ND
rooms: 1
size: 374 sq ft
sale price: £450,000
sale date: 25 Apr 2014
First Floor Flat, 32 Balcombe Street, London, NW1 6ND
rooms: 2
size: 441 sq ft
sale price: £525,000
sale date: 21 May 2013

Data Sources

The property at Flat 5, 56 Balcombe Street, London, NW1 6ND appears two times in the Land Registry records, with the latest transaction recorded on 24 Feb 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jun 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑