According to the public record, 26, Lawes Way, Barking is a modern freehold house with 807 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lawes Way, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
26, Lawes Way, Barking has a single entry in the Land Registry database from March 2017 and a single entry in the EPC database dated November 2022.
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 26 Lawes Way Barking as £352,594 and the rental value as £1,927 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 26 Lawes Way Barking has increased by £7,540 (2.1%) and its rental value has increased by £125 per month (6.5%).
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 26, Lawes Way, Barking is in very good condition we estimate a sale value of £370,224 and rental value of £2,023 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,912 and a rental value of £1,792 per month.
If you were able to purchase this property for the estimated value of £352,594, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,733 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, 26, Lawes Way, Barking was last sold on 31 Mar 2017 for £427,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Lawes Way, Barking within a radius of 530 metres over the last 2 years.
The most recent example is 7, Puffin Close, Barking, IG11 0GT, a Freehold house which sold for £320,000 in Mar 2021.
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, 26, Lawes Way, Barking is the 56th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in IG11.
26, Lawes Way, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2022.
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 26, 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 26, 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 26, 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 26, 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 26, 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 26, 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.