According to the public record, 3, Southwold Drive, Barking is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,808 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Southwold Drive, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
3, Southwold Drive, Barking has 2 entries in the Land Registry database, most recently in July 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 3 Southwold Drive Barking as £654,531 and the rental value as £3,238 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 3 Southwold Drive Barking has decreased by £12,235 (1.9%) and its rental value has increased by £69 per month (2.1%).
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, Southwold Drive, Barking is in very good condition we estimate a sale value of £687,258 and rental value of £3,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £608,714 and a rental value of £3,012 per month.
If you were able to purchase this property for the estimated value of £654,531, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,217 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, Southwold Drive, Barking was last sold on 20 Jul 2006 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Southwold Drive, Barking within a radius of 470 metres over the last 2 years.
The most recent example is 49, Southwold Drive, Barking, IG11 9AT, a Freehold house which sold for £670,000 in Oct 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southwold Drive, Barking, IG11 has a total of 70 addresses. According to our analysis of all the public data, 3, Southwold Drive, Barking is the 8th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £314k more expensive than the average property in IG11.
The closest station to 3, Southwold Drive, 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 3, Southwold Drive, Barking, 33.8% of property is privately owned with a mortgage and 27.9% is socially 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, Southwold Drive, Barking, 34.4% of residents are recorded as possessing school level qualifications and 30.0% 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 3, Southwold Drive, Barking, the average age was 34.7 and the most common age was 22.
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, Southwold Drive, 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, Southwold Drive, Barking, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.