According to the public record, 3, Chilworth Place, Barking is a modern leasehold house with 1,625 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Chilworth Place, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
3, Chilworth Place, Barking has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated March 2013.
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 3 Chilworth Place Barking as £401,032 and the rental value as £2,216 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Chilworth Place Barking has increased by £2,826 (0.7%) and its rental value has increased by £111 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 3, Chilworth Place, Barking is in very good condition we estimate a sale value of £421,084 and rental value of £2,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,960 and a rental value of £2,061 per month.
If you were able to purchase this property for the estimated value of £401,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,971 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, 3, Chilworth Place, Barking was last sold on 25 Mar 2022 for £302,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Chilworth Place, Barking within a radius of 700 metres over the last 2 years.
The most recent example is 8, Chilworth Place, Barking, IG11 0FL, a Freehold house which sold for £425,000 in Aug 2019.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chilworth Place, Barking, IG11 has a total of 18 addresses. According to our analysis of all the public data, 3, Chilworth Place, Barking is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in IG11.
3, Chilworth Place, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Mar 2013.
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 3, Chilworth Place, Barking is Barking Riverside station which is 700 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 3, Chilworth Place, Barking, 47.3% of property is privately owned with a mortgage and 34.1% is privately rented.
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 3, Chilworth Place, Barking, 33.6% of residents are recorded as possessing school level qualifications and 48.6% 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 3, Chilworth Place, 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 3, Chilworth Place, 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 3, Chilworth Place, Barking, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.