According to the public record, 5, Anchor Close, Barking is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 678 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Anchor Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
5, Anchor Close, Barking has 21 entries in the Land Registry database, most recently in January 2006 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 5 Anchor Close Barking as £336,787 and the rental value as £1,811 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 5 Anchor Close Barking has increased by £9,485 (2.8%) and its rental value has increased by £133 per month (7.4%).
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 5, Anchor Close, Barking is in very good condition we estimate a sale value of £353,626 and rental value of £1,901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,212 and a rental value of £1,684 per month.
If you were able to purchase this property for the estimated value of £336,787, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,655 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, 5, Anchor Close, Barking was last sold on 25 Jan 2006 for £219,995 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 5, Anchor Close, Barking within a radius of 520 metres over the last 2 years.
The most recent example is 10, Shearwater Close, Barking, IG11 0GW, a Freehold house which sold for £375,000 in Aug 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Anchor Close, Barking, IG11 has a total of 29 addresses. According to our analysis of all the public data, 5, Anchor Close, Barking is the 10th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in IG11.
The closest station to 5, Anchor Close, Barking is Barking Riverside 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 5, Anchor Close, Barking, 46.2% of property is socially rented and 22.2% 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 5, Anchor Close, Barking, 42.1% of residents are recorded as possessing school level qualifications and 35.5% 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 5, Anchor Close, Barking, the average age was 30.5 and the most common age was 12.
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 5, Anchor Close, Barking, 0.2% 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 5, Anchor Close, 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.