According to the public record, 53-55, Surrey Road, Barking is a mid-century house with 452 ft2 of internal area and sits on a 98.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Surrey Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
53-55, Surrey Road, Barking has no records in the Land Registry database and a single entry in the EPC database dated May 2020.
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 53-55 Surrey Road Barking as £231,747 and the rental value as £1,266 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 53-55 Surrey Road Barking has increased by £7,831 (3.4%) and its rental value has increased by £94 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 53-55, Surrey Road, Barking is in very good condition we estimate a sale value of £243,335 and rental value of £1,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,525 and a rental value of £1,177 per month.
If you were able to purchase this property for the estimated value of £231,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,139 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, 53-55, Surrey Road, Barking sits on a plot of 99m2.
We have plot size data on 34 out of 43 other houses in the postcode and 53-55, Surrey Road, Barking sits on the 33rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 400 metres radius of 53-55, Surrey Road, Barking over the last 2 years.
The most recent example is 51, Surrey Road, Barking, IG11 7QT, a Freehold house which sold for £312,000 in May 2017.
Read more about house prices in IG11.
Surrey Road, Barking, IG11 has a total of 45 addresses. According to our analysis of all the public data, 53-55, Surrey Road, Barking is the 45th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in IG11.
53-55, Surrey Road, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2020.
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 53-55, Surrey Road, Barking is Upney station which is 700 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 53-55, Surrey Road, Barking, 41.2% of property is privately rented and 30.2% is privately owned with a mortgage.
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 53-55, Surrey Road, Barking, 30.9% of residents are recorded as possessing school level qualifications and 39.8% 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 53-55, Surrey Road, Barking, the average age was 34.5 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 53-55, Surrey Road, 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 53-55, Surrey Road, 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.