According to the public record, 245, Boundary Road, Barking is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 764 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Boundary Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
245, Boundary Road, Barking has a single entry in the Land Registry database from September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 245 Boundary Road Barking as £356,226 and the rental value as £1,925 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 245 Boundary Road Barking has increased by £12,085 (3.4%) and its rental value has increased by £141 per month (7.3%).
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 245, Boundary Road, Barking is in very good condition we estimate a sale value of £374,037 and rental value of £2,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,290 and a rental value of £1,790 per month.
If you were able to purchase this property for the estimated value of £356,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,751 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, 245, Boundary Road, Barking was last sold on 11 Sep 2006 for £169,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Boundary Road, Barking within a radius of 420 metres over the last 2 years.
The most recent example is 132, King Edwards Road, Barking, IG11 7TP, a Freehold house which sold for £322,000 in Dec 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Boundary Road, Barking, IG11 has a total of 47 addresses. According to our analysis of all the public data, 245, Boundary Road, Barking is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in IG11.
The closest station to 245, Boundary Road, Barking is Upney 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 245, Boundary Road, Barking, 28.0% of property is socially rented and 27.1% 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 245, Boundary Road, Barking, 26.4% of residents are recorded as possessing school level qualifications and 37.6% 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 245, Boundary Road, 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 245, Boundary 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 245, Boundary Road, Barking, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.