According to the public record, 5, Havering Way, Barking is a mid-century house with 807 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Havering Way, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
5, Havering Way, Barking has no records in the Land Registry database and a single entry in the EPC database dated July 2015.
We combine this information with public data 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 5 Havering Way Barking as £375,075 and the rental value as £2,050 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Havering Way Barking has increased by £8,500 (2.3%) and its rental value has increased by £135 per month (6.6%).
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, Havering Way, Barking is in very good condition we estimate a sale value of £393,828 and rental value of £2,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,819 and a rental value of £1,906 per month.
If you were able to purchase this property for the estimated value of £375,075, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,843 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Havering Way, Barking within a radius of 540 metres over the last 2 years.
The most recent example is 3, Great Galley Close, Barking, IG11 0XL, a Leasehold house which sold for £300,000 in Sep 2021.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havering Way, Barking, IG11 has a total of 10 addresses. According to our analysis of all the public data, 5, Havering Way, Barking is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in IG11.
5, Havering Way, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2015.
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 5, Havering Way, Barking is Barking Riverside 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 5, Havering Way, 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, Havering Way, 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, Havering Way, 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, Havering Way, 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, Havering Way, 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.