According to the public record, 4 Sparsholt Court, Barking is a mid-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Sparsholt Court, Sparsholt Road, Barking, IG11.
Sparsholt Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
4 Sparsholt Court, Barking has 2 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated June 2014.
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 4 Sparsholt Court Barking as £157,752 and the rental value as £1,108 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 4 Sparsholt Court Barking has increased by £2,024 (1.3%) and its rental value has increased by £58 per month (5.2%).
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 4 Sparsholt Court, Barking is in very good condition we estimate a sale value of £165,639 and rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,709 and a rental value of £1,030 per month.
If you were able to purchase this property for the estimated value of £157,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £775 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, 4 Sparsholt Court, Barking was last sold on 11 Sep 2020 for £145,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 4 Sparsholt Court, Barking within a radius of 460 metres over the last 2 years.
The most recent example is 181, Charlton Crescent, Barking, IG11 0NL, a Leasehold flat which sold for £180,000 in Feb 2016.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sparsholt Road, Barking, IG11 has a total of 114 addresses. According to our analysis of all the public data, 4 Sparsholt Court, Barking is the 104th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in IG11.
4 Sparsholt Court, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2014.
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 4 Sparsholt Court, Barking is Upney 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 4 Sparsholt Court, Barking, 33.3% of property is socially rented and 30.8% 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 4 Sparsholt Court, Barking, 30.5% of residents are recorded as possessing school level qualifications and 32.7% 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 4 Sparsholt Court, 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 4 Sparsholt Court, Barking, 0.4% 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 4 Sparsholt Court, 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.