According to the public record, 131, Cowbridge Lane, Barking is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Cowbridge Lane, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
131, Cowbridge Lane, Barking has 31 entries in the Land Registry database, most recently in June 2011 and a single entry in the EPC database dated March 2010.
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 131 Cowbridge Lane Barking as £285,914 and the rental value as £1,798 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 131 Cowbridge Lane Barking has increased by £4,656 (1.6%) and its rental value has increased by £85 per month (4.7%).
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 131, Cowbridge Lane, Barking is in very good condition we estimate a sale value of £300,210 and rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,900 and a rental value of £1,673 per month.
If you were able to purchase this property for the estimated value of £285,914, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,405 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, 131, Cowbridge Lane, Barking was last sold on 24 Jun 2011 for £140,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2011, the market for similar properties has risen 74.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 131, Cowbridge Lane, Barking within a radius of 420 metres over the last 2 years.
The most recent example is 47, Harts Lane, Barking, IG11 8NA, a Leasehold flat which sold for £255,000 in Jan 2021.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cowbridge Lane, Barking, IG11 has a total of 211 addresses. According to our analysis of all the public data, 131, Cowbridge Lane, Barking is the 81st largest and the 26th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in IG11.
131, Cowbridge Lane, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2010.
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 131, Cowbridge Lane, Barking is Barking station which is 600 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 131, Cowbridge Lane, Barking, 56.6% of property is socially rented and 26.3% 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 131, Cowbridge Lane, Barking, 38.5% of residents are recorded as possessing school level qualifications and 35.1% 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 131, Cowbridge Lane, Barking, the average age was 29.7 and the most common age was 32.
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 131, Cowbridge Lane, 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 131, Cowbridge Lane, Barking, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.