According to the public record, 32, Alderman Avenue, Barking is a mid-century leasehold apartment with 481 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Alderman Avenue, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
32, Alderman Avenue, Barking has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated July 2011.
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 32 Alderman Avenue Barking as £176,862 and the rental value as £1,232 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 32 Alderman Avenue Barking has increased by £1,277 (0.7%) and its rental value has increased by £62 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 32, Alderman Avenue, Barking is in very good condition we estimate a sale value of £185,705 and rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,482 and a rental value of £1,146 per month.
If you were able to purchase this property for the estimated value of £176,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £869 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, 32, Alderman Avenue, Barking was last sold on 30 Oct 2018 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Alderman Avenue, Barking within a radius of 530 metres over the last 2 years.
The most recent example is 114, Maybury Road, Barking, IG11 0PN, a Leasehold flat which sold for £200,000 in Nov 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alderman Avenue, Barking, IG11 has a total of 164 addresses. According to our analysis of all the public data, 32, Alderman Avenue, Barking is the 157th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in IG11.
32, Alderman Avenue, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2011.
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 32, Alderman Avenue, 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 32, Alderman Avenue, Barking, 66.7% of property is socially rented and 17.6% 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 32, Alderman Avenue, Barking, 31.4% of residents are recorded as possessing school level qualifications and 32.3% 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 32, Alderman Avenue, Barking, the average age was 30.5 and the most common age was 12.
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 32, Alderman Avenue, 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 32, Alderman Avenue, Barking, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.