According to the public record, 49, Southwold Drive, Barking is a mid-century freehold house with 1,732 ft2 of internal area and sits on a 276 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Southwold Drive, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
49, Southwold Drive, Barking has 21 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated August 2023.
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 49 Southwold Drive Barking as £627,812 and the rental value as £3,163 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 49 Southwold Drive Barking has decreased by £11,735 (1.9%) and its rental value has increased by £68 per month (2.1%).
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 49, Southwold Drive, Barking is in very good condition we estimate a sale value of £659,203 and rental value of £3,321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £583,865 and a rental value of £2,941 per month.
If you were able to purchase this property for the estimated value of £627,812, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,086 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, 49, Southwold Drive, Barking sits on a plot of 276m2.
We have plot size data on 22 out of 38 other houses in the postcode and 49, Southwold Drive, Barking sits on the 3rd largest plot.
According to HM Land Registry, 49, Southwold Drive, Barking was last sold on 20 Oct 2023 for £670,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Southwold Drive, Barking within a radius of 460 metres over the last 2 years.
The most recent example is 138, Westrow Drive, Barking, IG11 9BP, a Freehold house which sold for £357,821 in Oct 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southwold Drive, Barking, IG11 has a total of 70 addresses. According to our analysis of all the public data, 49, Southwold Drive, Barking is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £287k more expensive than the average property in IG11.
49, Southwold Drive, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2023.
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 49, Southwold Drive, Barking is Upney station which is 1.0 kilometres 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 49, Southwold Drive, Barking, 33.8% of property is privately owned with a mortgage and 27.9% is socially 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 49, Southwold Drive, Barking, 34.4% of residents are recorded as possessing school level qualifications and 30.0% 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 49, Southwold Drive, 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 49, Southwold Drive, 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 49, Southwold Drive, Barking, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.