According to the public record, 25, Lawes Way, Barking is a modern freehold house with 1,194 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lawes Way, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
25, Lawes Way, Barking has a single entry in the Land Registry database from September 2012 and a single entry in the EPC database dated July 2012.
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 25 Lawes Way Barking as £405,748 and the rental value as £2,183 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 25 Lawes Way Barking has increased by £2,954 (0.7%) and its rental value has increased by £110 per month (5.0%).
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 25, Lawes Way, Barking is in very good condition we estimate a sale value of £426,035 and rental value of £2,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,345 and a rental value of £2,030 per month.
If you were able to purchase this property for the estimated value of £405,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,994 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, 25, Lawes Way, Barking was last sold on 28 Sep 2012 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2012, the market for similar properties has risen 98.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Lawes Way, Barking within a radius of 590 metres over the last 2 years.
The most recent example is 65, Lawes Way, Barking, IG11 0PB, a Leasehold house which sold for £380,000 in Jul 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lawes Way, Barking, IG11 has a total of 57 addresses. According to our analysis of all the public data, 25, Lawes Way, Barking is the 50th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in IG11.
25, Lawes Way, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jul 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 25, Lawes Way, Barking is Barking Riverside station which is 900 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 25, Lawes Way, Barking, 73.1% of property is privately rented and 13.5% 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 25, Lawes Way, Barking, 18.5% of residents are recorded as possessing school level qualifications and 72.0% 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 25, Lawes 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 25, Lawes Way, Barking, 0.9% 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 25, Lawes Way, Barking, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.