According to the public record, 103, Melford Avenue, Barking is a early-century freehold house with 947 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melford Avenue, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
103, Melford Avenue, Barking has 21 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated May 2016.
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 Melford Avenue Barking as £474,408 and the rental value as £2,109 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 103 Melford Avenue Barking has decreased by £1,290 (0.3%) and its rental value has increased by £76 per month (3.6%).
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, Melford Avenue, Barking is in very good condition we estimate a sale value of £498,128 and rental value of £2,215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,199 and a rental value of £1,962 per month.
If you were able to purchase this property for the estimated value of £474,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,332 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 data from HM Land Registry, 103, Melford Avenue, Barking sits on a plot of 230m2.
We have plot size data on 11 out of 17 other houses in the postcode and 103, Melford Avenue, Barking sits on the 8th largest plot.
According to HM Land Registry, 103, Melford Avenue, Barking was last sold on 20 Oct 2016 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 103, Melford Avenue, Barking within a radius of 480 metres over the last 2 years.
The most recent example is 212, Salisbury Avenue, Barking, IG11 9XY, a Freehold house which sold for £451,000 in Dec 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melford Avenue, Barking, IG11 has a total of 108 addresses. According to our analysis of all the public data, 103, Melford Avenue, Barking is the 98th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in IG11.
103, Melford Avenue, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 May 2016.
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, Melford Avenue, Barking is Upney station which is 400 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, Melford Avenue, Barking, 46.4% of property is privately owned with a mortgage and 33.3% is privately owned outright.
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, Melford Avenue, Barking, 25.6% of residents are recorded as possessing school level qualifications and 28.4% 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, Melford Avenue, Barking, the average age was 34.7 and the most common age was 22.
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, Melford Avenue, Barking, 0.4% 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, Melford Avenue, Barking, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.