1, Chelmer Crescent, Barking has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 1, Chelmer Crescent, Barking is in very good condition we estimate a sale value of £168,691 and rental value of £1,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,412 and a rental value of £1,051 per month.
If you were able to purchase this property for the estimated value of £160,658, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £790 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Chelmer Crescent, Barking was last sold on 31 May 2007 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 55.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chelmer Crescent, Barking within a radius of 540 metres over the last 2 years.
The most recent example is 9, Law House, Maybury Road, Barking, IG11 0PQ, a Leasehold flat which sold for £152,000 in Jan 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelmer Crescent, Barking, IG11 has a total of 167 addresses. According to our analysis of all the public data, 1, Chelmer Crescent, Barking is the 163rd largest and the 163rd most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in IG11.
1, Chelmer Crescent, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 1, Chelmer Crescent, Barking is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Chelmer Crescent, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Chelmer Crescent Barking as £160,658 and the rental value as £1,130 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 1 Chelmer Crescent Barking has increased by £1,160 (0.7%) and its rental value has increased by £56 per month (5.0%).
The closest station to 1, Chelmer Crescent, Barking is Barking Riverside station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Chelmer Crescent, Barking, 63.2% of property is socially rented and 19.2% is privately owned with a mortgage.
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 1, Chelmer Crescent, Barking, 34.5% of residents are recorded as possessing school level qualifications and 29.8% 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 1, Chelmer Crescent, Barking, the average age was 30.5 and the most common age was 12.
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 1, Chelmer Crescent, Barking, 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 1, Chelmer Crescent, Barking, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.