According to the public record, 16, Morrison Road, Barking is a mid-century freehold house with 925 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morrison Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
16, Morrison Road, Barking has a single entry in the Land Registry database from September 2016 and a single entry in the EPC database dated October 2014.
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 16 Morrison Road Barking as £418,042 and the rental value as £2,259 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 16 Morrison Road Barking has increased by £6,329 (1.5%) and its rental value has increased by £141 per month (6.3%).
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 16, Morrison Road, Barking is in very good condition we estimate a sale value of £438,944 and rental value of £2,372 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,779 and a rental value of £2,101 per month.
If you were able to purchase this property for the estimated value of £418,042, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,055 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, 16, Morrison Road, Barking sits on a plot of 251m2.
We have plot size data on 7 out of 24 other houses in the postcode and 16, Morrison Road, Barking sits on the largest plot.
According to HM Land Registry, 16, Morrison Road, Barking was last sold on 28 Sep 2016 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 21.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Morrison Road, Barking within a radius of 760 metres over the last 2 years.
The most recent example is 50, Julia Gardens, Barking, IG11 0UL, a Freehold house which sold for £340,000 in Jun 2021.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morrison Road, Barking, IG11 has a total of 24 addresses. According to our analysis of all the public data, 16, Morrison Road, Barking is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in IG11.
16, Morrison Road, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2014.
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 16, Morrison Road, Barking is Dagenham Dock station which is 1.0 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 16, Morrison Road, Barking, 62.6% of property is socially rented and 20.7% 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 16, Morrison Road, Barking, 36.6% of residents are recorded as possessing school level qualifications and 28.1% 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 16, Morrison Road, Barking, the average age was 33.3 and the most common age was 12.
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 16, Morrison Road, 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 16, Morrison Road, 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.