According to the public record, 114, Westminster Gardens, Barking is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 114, Westminster Gardens, Barking, IG11.
Westminster Gardens, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
114, Westminster Gardens, Barking has 21 entries in the Land Registry database, most recently in October 2007 and a single entry in the EPC database dated March 2020.
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 114 Westminster Gardens Barking as £313,100 and the rental value as £1,747 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 114 Westminster Gardens Barking has increased by £6,475 (2.1%) and its rental value has increased by £112 per month (6.4%).
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 114, Westminster Gardens, Barking is in very good condition we estimate a sale value of £328,755 and rental value of £1,835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,183 and a rental value of £1,625 per month.
If you were able to purchase this property for the estimated value of £313,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,539 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, 114, Westminster Gardens, Barking was last sold on 04 Oct 2007 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 63.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of 114, Westminster Gardens, Barking over the last 2 years.
The most recent example is 110, Westminster Gardens, Barking, IG11 0BL, a Freehold house which sold for £440,000 in Oct 2021.
Read more about house prices in IG11.
Westminster Gardens, Barking, IG11 has a total of 119 addresses. According to our analysis of all the public data, 114, Westminster Gardens, Barking is the 119th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in IG11.
114, Westminster Gardens, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2020.
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 114, Westminster Gardens, Barking is Upney station which is 1.4 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 114, Westminster Gardens, Barking, 37.9% of property is privately owned with a mortgage and 28.5% 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 114, Westminster Gardens, Barking, 29.2% of residents are recorded as possessing school level qualifications and 31.7% 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 114, Westminster Gardens, 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 114, Westminster Gardens, Barking, 0.5% 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 114, Westminster Gardens, Barking, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.