According to the public record, 2, Denham Way, Barking is a early-century freehold house with 839 ft2 of internal area and sits on a 283 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Denham Way, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
2, Denham Way, Barking has 21 entries in the Land Registry database, most recently in May 2014 and a single entry in the EPC database dated August 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 2 Denham Way Barking as £392,754 and the rental value as £2,014 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 2 Denham Way Barking has increased by £7,654 (1.9%) and its rental value has increased by £120 per month (5.9%).
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 2, Denham Way, Barking is in very good condition we estimate a sale value of £412,392 and rental value of £2,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,261 and a rental value of £1,873 per month.
If you were able to purchase this property for the estimated value of £392,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,930 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, 2, Denham Way, Barking sits on a plot of 283m2.
We have plot size data on 24 out of 40 other houses in the postcode and 2, Denham Way, Barking sits on the 8th largest plot.
According to HM Land Registry, 2, Denham Way, Barking was last sold on 28 May 2014 for £242,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2014, the market for similar properties has risen 57.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Denham Way, Barking within a radius of 430 metres over the last 2 years.
The most recent example is 416, Ripple Road, Barking, IG11 9RU, a Freehold house which sold for £350,000 in Oct 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Denham Way, Barking, IG11 has a total of 40 addresses. According to our analysis of all the public data, 2, Denham Way, Barking is the 38th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in IG11.
2, Denham Way, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 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 2, Denham Way, Barking is Upney 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 2, Denham Way, Barking, 31.5% of property is socially rented and 27.0% 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 2, Denham Way, Barking, 29.6% of residents are recorded as possessing school level qualifications and 37.2% 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 2, Denham Way, 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 2, Denham Way, Barking, 0.7% 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 2, Denham Way, Barking, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.