According to the public record, 2, Sherwood Gardens, Barking is a early-century freehold house with 1,108 ft2 of internal area and sits on a 281 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sherwood Gardens, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
2, Sherwood Gardens, Barking has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated June 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 2 Sherwood Gardens Barking as £478,359 and the rental value as £2,309 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Sherwood Gardens Barking has decreased by £3,222 (0.7%) and its rental value has increased by £73 per month (3.2%).
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, Sherwood Gardens, Barking is in very good condition we estimate a sale value of £502,277 and rental value of £2,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £444,874 and a rental value of £2,148 per month.
If you were able to purchase this property for the estimated value of £478,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,351 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, Sherwood Gardens, Barking sits on a plot of 281m2.
We have plot size data on 34 out of 47 other houses in the postcode and 2, Sherwood Gardens, Barking sits on the largest plot.
According to HM Land Registry, 2, Sherwood Gardens, Barking was last sold on 04 Jun 2021 for £480,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Sherwood Gardens, Barking within a radius of 420 metres over the last 2 years.
The most recent example is 16, Cranleigh Gardens, Barking, IG11 9TJ, a Freehold house which sold for £500,000 in Aug 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherwood Gardens, Barking, IG11 has a total of 82 addresses. According to our analysis of all the public data, 2, Sherwood Gardens, Barking is the 19th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in IG11.
2, Sherwood Gardens, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Sherwood Gardens, Barking is Barking station which is 300 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, Sherwood Gardens, Barking, 43.2% of property is privately owned with a mortgage and 28.8% 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 2, Sherwood Gardens, Barking, 23.6% of residents are recorded as possessing school level qualifications and 36.8% 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, Sherwood Gardens, Barking, the average age was 34.5 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, Sherwood Gardens, Barking, 0.3% 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, Sherwood Gardens, 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.