According to the public record, 28, Somerby Road, Barking is a period freehold house with 914 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Somerby Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
28, Somerby Road, Barking has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated October 2015.
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 28 Somerby Road Barking as £351,006 and the rental value as £1,899 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 28 Somerby Road Barking has increased by £7,384 (2.1%) and its rental value has increased by £111 per month (5.8%).
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 28, Somerby Road, Barking is in very good condition we estimate a sale value of £368,556 and rental value of £1,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,435 and a rental value of £1,766 per month.
If you were able to purchase this property for the estimated value of £351,006, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,725 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, 28, Somerby Road, Barking sits on a plot of 129m2.
We have plot size data on 21 out of 40 other houses in the postcode and 28, Somerby Road, Barking sits on the 18th largest plot.
According to HM Land Registry, 28, Somerby Road, Barking was last sold on 07 Sep 2007 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 76.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Somerby Road, Barking within a radius of 370 metres over the last 2 years.
The most recent example is 135, St. Awdrys Road, Barking, IG11 7QE, a Freehold house which sold for £395,000 in Feb 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerby Road, Barking, IG11 has a total of 40 addresses. According to our analysis of all the public data, 28, Somerby Road, Barking is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in IG11.
28, Somerby Road, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 28, Somerby Road, Barking is Barking station which is 0 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 28, Somerby Road, Barking, 63.8% of property is privately rented and 17.5% is privately owned outright.
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 28, Somerby Road, Barking, 24.0% of residents are recorded as possessing school level qualifications and 40.7% 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 28, Somerby Road, 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 28, Somerby Road, Barking, 0.6% 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 28, Somerby Road, Barking, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.