According to the public record, 7, Great Galley Close, Barking is a modern leasehold house with 731 ft2 of internal area and sits on a 265 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Great Galley Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
7, Great Galley Close, Barking has 31 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated August 2015.
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 Great Galley Close Barking as £371,348 and the rental value as £1,971 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Great Galley Close Barking has increased by £10,458 (2.8%) and its rental value has increased by £145 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 7, Great Galley Close, Barking is in very good condition we estimate a sale value of £389,915 and rental value of £2,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,354 and a rental value of £1,833 per month.
If you were able to purchase this property for the estimated value of £371,348, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,825 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, Great Galley Close, Barking sits on a plot of 265m2.
We have plot size data on 27 out of 33 other houses in the postcode and 7, Great Galley Close, Barking sits on the 3rd largest plot.
According to HM Land Registry, 7, Great Galley Close, Barking was last sold on 15 Oct 2015 for £270,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Oct 2015, the market for similar properties has risen 31.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Great Galley Close, Barking within a radius of 560 metres over the last 2 years.
The most recent example is 17, Wanderer Drive, Barking, IG11 0XJ, a Freehold house which sold for £360,000 in Nov 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Galley Close, Barking, IG11 has a total of 65 addresses. According to our analysis of all the public data, 7, Great Galley Close, Barking is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in IG11.
7, Great Galley Close, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Aug 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 7, Great Galley Close, 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 7, Great Galley Close, Barking, 53.4% of property is privately owned with a mortgage and 33.9% 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 7, Great Galley Close, Barking, 26.5% of residents are recorded as possessing school level qualifications and 59.9% 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, Great Galley 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 7, Great Galley Close, 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, Great Galley Close, 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.