According to the public record, 32, Lancaster Avenue, Barking is a mid-century freehold house with 925 ft2 of internal area and sits on a 375 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lancaster Avenue, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
32, Lancaster Avenue, Barking has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated October 2020.
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 Lancaster Avenue Barking as £396,001 and the rental value as £2,075 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 32 Lancaster Avenue Barking has increased by £10,721 (2.7%) and its rental value has increased by £140 per month (6.7%).
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, Lancaster Avenue, Barking is in very good condition we estimate a sale value of £415,801 and rental value of £2,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,281 and a rental value of £1,929 per month.
If you were able to purchase this property for the estimated value of £396,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,946 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, 32, Lancaster Avenue, Barking sits on a plot of 375m2.
We have plot size data on 29 out of 38 other houses in the postcode and 32, Lancaster Avenue, Barking sits on the 3rd largest plot.
According to HM Land Registry, 32, Lancaster Avenue, Barking was last sold on 04 Jul 2022 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Lancaster Avenue, Barking within a radius of 400 metres over the last 2 years.
The most recent example is 45, Coniston Avenue, Barking, IG11 7RD, a Freehold house which sold for £410,000 in Nov 2021.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Avenue, Barking, IG11 has a total of 38 addresses. According to our analysis of all the public data, 32, Lancaster Avenue, Barking is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in IG11.
32, Lancaster Avenue, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2020.
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, Lancaster Avenue, Barking is Upney station which is 600 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, Lancaster Avenue, Barking, 38.1% of property is socially rented and 29.9% 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 32, Lancaster Avenue, Barking, 38.3% of residents are recorded as possessing school level qualifications and 29.5% 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, Lancaster Avenue, 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 32, Lancaster 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, Lancaster Avenue, Barking, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.