According to the public record, 37, Melford Avenue, Barking is a early-century freehold house with 973 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melford Avenue, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
37, Melford Avenue, Barking has a single entry in the Land Registry database from July 2010 and a single entry in the EPC database dated March 2010.
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 37 Melford Avenue Barking as £498,387 and the rental value as £2,115 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 37 Melford Avenue Barking has decreased by £1,355 (0.3%) and its rental value has increased by £77 per month (3.6%).
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 37, Melford Avenue, Barking is in very good condition we estimate a sale value of £523,306 and rental value of £2,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,499 and a rental value of £1,967 per month.
If you were able to purchase this property for the estimated value of £498,387, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,449 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, 37, Melford Avenue, Barking sits on a plot of 222m2.
We have plot size data on 24 out of 45 other houses in the postcode and 37, Melford Avenue, Barking sits on the 21st largest plot.
According to HM Land Registry, 37, Melford Avenue, Barking was last sold on 14 Jul 2010 for £284,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2010, the market for similar properties has risen 87.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Melford Avenue, Barking within a radius of 470 metres over the last 2 years.
The most recent example is 76, Melford Avenue, Barking, IG11 9HT, a Freehold house which sold for £590,000 in Jul 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melford Avenue, Barking, IG11 has a total of 108 addresses. According to our analysis of all the public data, 37, Melford Avenue, Barking is the 86th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in IG11.
37, Melford Avenue, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2010.
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 37, Melford 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 37, Melford Avenue, Barking, 53.0% of property is privately owned with a mortgage and 33.3% 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 37, Melford Avenue, Barking, 26.4% of residents are recorded as possessing school level qualifications and 39.5% 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 37, Melford Avenue, 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 37, Melford Avenue, Barking, 0.9% 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 37, Melford Avenue, Barking, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.