According to the public record, 12, Lambourne Gardens, Barking is a mid-century leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Lambourne Gardens, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
12, Lambourne Gardens, Barking has a single entry in the Land Registry database from June 2006 and a single entry in the EPC database dated November 2019.
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 12 Lambourne Gardens Barking as £256,068 and the rental value as £1,706 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 12 Lambourne Gardens Barking has increased by £4,329 (1.7%) and its rental value has increased by £98 per month (5.7%).
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 12, Lambourne Gardens, Barking is in very good condition we estimate a sale value of £268,871 and rental value of £1,791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,143 and a rental value of £1,586 per month.
If you were able to purchase this property for the estimated value of £256,068, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,258 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, 12, Lambourne Gardens, Barking was last sold on 19 Jun 2006 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Lambourne Gardens, Barking within a radius of 480 metres over the last 2 years.
The most recent example is 3, The Drive, Barking, IG11 9JB, a Leasehold flat which sold for £355,000 in Jul 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambourne Gardens, Barking, IG11 has a total of 30 addresses. According to our analysis of all the public data, 12, Lambourne Gardens, Barking is the 9th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in IG11.
12, Lambourne Gardens, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2019.
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 12, Lambourne Gardens, Barking is Upney station which is 100 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 12, Lambourne Gardens, Barking, 38.7% of property is socially rented and 26.6% 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 12, Lambourne Gardens, Barking, 37.7% of residents are recorded as possessing school level qualifications and 29.0% 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 12, Lambourne Gardens, Barking, the average age was 33.2 and the most common age was 42.
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 12, Lambourne Gardens, Barking, 1.0% 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 12, Lambourne Gardens, Barking, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.