According to the public record, 7, Essex Road, Barking is a period freehold house with 925 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Essex Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
7, Essex Road, Barking has 2 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated October 2016.
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 7 Essex Road Barking as £390,627 and the rental value as £2,069 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Essex Road Barking has increased by £10,705 (2.7%) and its rental value has increased by £140 per month (6.8%).
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 7, Essex Road, Barking is in very good condition we estimate a sale value of £410,158 and rental value of £2,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,283 and a rental value of £1,924 per month.
If you were able to purchase this property for the estimated value of £390,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,920 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, 7, Essex Road, Barking sits on a plot of 142m2.
We have plot size data on 48 out of 60 other houses in the postcode and 7, Essex Road, Barking sits on the 30th largest plot.
According to HM Land Registry, 7, Essex Road, Barking was last sold on 23 Mar 2017 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2017, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Essex Road, Barking within a radius of 390 metres over the last 2 years.
The most recent example is 80, Wedderburn Road, Barking, IG11 7XG, a Freehold house which sold for £377,000 in Jun 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Essex Road, Barking, IG11 has a total of 109 addresses. According to our analysis of all the public data, 7, Essex Road, Barking is the 73rd largest and the 67th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in IG11.
7, Essex Road, Barking has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2016.
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 7, Essex Road, Barking is Upney 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 7, Essex Road, Barking, 44.4% of property is privately rented and 31.3% 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 7, Essex Road, Barking, 29.0% of residents are recorded as possessing school level qualifications and 34.0% 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 7, Essex 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 7, Essex 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 7, Essex Road, Barking, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.