According to the public record, 103, Galleons Drive, Barking is a modern freehold house with 1,496 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Galleons Drive, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
103, Galleons Drive, Barking has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 103 Galleons Drive Barking as £461,571 and the rental value as £2,483 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 103 Galleons Drive Barking has increased by £3,361 (0.7%) and its rental value has increased by £125 per month (5.0%).
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 103, Galleons Drive, Barking is in very good condition we estimate a sale value of £484,650 and rental value of £2,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,261 and a rental value of £2,309 per month.
If you were able to purchase this property for the estimated value of £461,571, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,268 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, 103, Galleons Drive, Barking was last sold on 10 Feb 2022 for £475,100 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 103, Galleons Drive, Barking within a radius of 640 metres over the last 2 years.
The most recent example is 65, Galleons Drive, Barking, IG11 0FA, a Freehold house which sold for £505,000 in Sep 2021.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Galleons Drive, Barking, IG11 has a total of 108 addresses. According to our analysis of all the public data, 103, Galleons Drive, Barking is the 49th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in IG11.
103, Galleons Drive, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 103, Galleons Drive, Barking is Barking Riverside station which is 800 metres 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 103, Galleons Drive, Barking, 73.1% of property is privately rented and 13.5% 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 103, Galleons Drive, Barking, 18.5% of residents are recorded as possessing school level qualifications and 72.0% 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 103, Galleons Drive, Barking, the average age was 32.1 and the most common age was 37.
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 103, Galleons Drive, Barking, 0.9% 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 103, Galleons Drive, Barking, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.