According to the public record, 38, Essex Road, Barking is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,026 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Essex Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
38, Essex Road, Barking has 71 entries in the Land Registry database, most recently in October 2007 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 38 Essex Road Barking as £395,947 and the rental value as £2,119 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 38 Essex Road Barking has increased by £10,851 (2.7%) and its rental value has increased by £143 per month (6.8%).
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 38, Essex Road, Barking is in very good condition we estimate a sale value of £415,744 and rental value of £2,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,231 and a rental value of £1,971 per month.
If you were able to purchase this property for the estimated value of £395,947, 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 HM Land Registry, 38, Essex Road, Barking was last sold on 15 Oct 2007 for £228,000 and was recorded as a freehold house.
The property has had 7 sales since 1995.
Since Oct 2007, the market for similar properties has risen 75.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Essex Road, Barking within a radius of 380 metres over the last 2 years.
The most recent example is 54, Suffolk Road, Barking, IG11 7QW, a Freehold house which sold for £400,000 in Oct 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Essex Road, Barking, IG11 has a total of 109 addresses. According to our analysis of all the public data, 38, Essex Road, Barking is the 35th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in IG11.
The closest station to 38, Essex Road, Barking is Upney station which is 800 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 38, Essex Road, Barking, 44.4% of property is privately rented and 31.3% 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 38, Essex Road, Barking, 29.0% of residents are recorded as possessing school level qualifications and 34.0% 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 38, Essex Road, Barking, the average age was 34.5 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 38, Essex Road, 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 38, Essex Road, Barking, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.