According to the public record, 24, Mast Street, Barking is a modern apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Mast Street, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
24, Mast Street, Barking has no records in the Land Registry database and a single entry in the EPC database dated April 2018.
We combine this information with public data 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 24 Mast Street Barking as £400,145 and the rental value as £2,154 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 24 Mast Street Barking has increased by £11,946 (3.0%) and its rental value has increased by £149 per month (6.9%).
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 24, Mast Street, Barking is in very good condition we estimate a sale value of £420,152 and rental value of £2,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,135 and a rental value of £2,003 per month.
If you were able to purchase this property for the estimated value of £400,145, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,967 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Mast Street, Barking within a radius of 350 metres over the last 2 years.
The most recent example is Flat 408, Lariat Court 1, Ketch Street, Barking, IG11 7RY, a Leasehold flat which sold for £350,000 in Apr 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mast Street, Barking, IG11 has a total of 179 addresses. According to our analysis of all the public data, 24, Mast Street, Barking is the 50th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in IG11.
24, Mast Street, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 24, Mast Street, Barking is Upney station which is 800 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 24, Mast Street, Barking, 47.3% of property is socially rented and 41.3% is shared ownership.
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 24, Mast Street, Barking, 28.1% of residents are recorded as possessing school level qualifications and 64.0% 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 24, Mast Street, Barking, the average age was 29.8 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 24, Mast Street, 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 24, Mast Street, Barking, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.