38, Melford Avenue, Barking has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
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, Melford Avenue, Barking is in very good condition we estimate a sale value of £534,276 and rental value of £2,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £473,216 and a rental value of £1,985 per month.
If you were able to purchase this property for the estimated value of £508,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,501 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, 38, Melford Avenue, Barking sits on a plot of 205m2.
We have plot size data on 27 out of 46 other houses in the postcode and 38, Melford Avenue, Barking sits on the 14th largest plot.
According to HM Land Registry, 38, Melford Avenue, Barking was last sold on 12 Nov 2004 for £235,000 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 38, 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, 38, Melford Avenue, Barking is the 90th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in IG11.
38, Melford Avenue, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 38, Melford Avenue, Barking is a early-century house with 968 ft2 of internal area and sits on a 205 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Melford Avenue Barking as £508,835 and the rental value as £2,135 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 38 Melford Avenue Barking has decreased by £1,383 (0.3%) and its rental value has increased by £77 per month (3.6%).
The closest station to 38, 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 38, 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 38, 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 38, 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 38, 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 38, 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.