According to the public record, 5, Winchester House, Barking is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 506 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Winchester House, Keir Hardie Way, Barking, IG11.
Keir Hardie Way, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
5, Winchester House, Barking has a single entry in the Land Registry database from May 2008 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 Winchester House Barking as £189,578 and the rental value as £1,352 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 5 Winchester House Barking has increased by £2,300 (1.2%) and its rental value has increased by £71 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 5, Winchester House, Barking is in very good condition we estimate a sale value of £199,057 and rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,307 and a rental value of £1,257 per month.
If you were able to purchase this property for the estimated value of £189,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £932 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, Winchester House, Barking was last sold on 21 May 2008 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 54.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Winchester House, Barking within a radius of 550 metres over the last 2 years.
The most recent example is 18, Lambourne Gardens, Barking, IG11 9QB, a Leasehold flat which sold for £190,000 in Jun 2021.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Keir Hardie Way, Barking, IG11 has a total of 195 addresses. According to our analysis of all the public data, 5, Winchester House, Barking is the 165th largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in IG11.
The closest station to 5, Winchester House, Barking is Upney station which is 200 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, Winchester House, Barking, 50.8% of property is socially rented and 23.5% 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, Winchester House, Barking, 30.9% of residents are recorded as possessing school level qualifications and 30.4% 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, Winchester House, Barking, the average age was 33.2 and the most common age was 42.
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, Winchester House, 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 5, Winchester House, Barking, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.