According to the public record, 7, Mellish Close, Barking is a mid-century house with 936 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mellish Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
7, Mellish Close, Barking has no records in the Land Registry database and a single entry in the EPC database dated November 2021.
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 7 Mellish Close Barking as £564,822 and the rental value as £2,377 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 Mellish Close Barking has increased by £11,007 (1.9%) and its rental value has increased by £141 per month (5.9%).
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, Mellish Close, Barking is in very good condition we estimate a sale value of £593,063 and rental value of £2,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,285 and a rental value of £2,211 per month.
If you were able to purchase this property for the estimated value of £564,822, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,776 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 property sales within a 490 metres radius of 7, Mellish Close, Barking over the last 2 years.
The most recent example is 102, Blake Avenue, Barking, IG11 9SF, a Freehold house which sold for £375,000 in Apr 2021.
Read more about house prices in IG11.
Mellish Close, Barking, IG11 has a total of 14 addresses. According to our analysis of all the public data, 7, Mellish Close, Barking is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £224k more expensive than the average property in IG11.
7, Mellish Close, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2021.
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, Mellish Close, 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 7, Mellish Close, Barking, 33.6% of property is socially rented and 30.3% 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, Mellish Close, Barking, 27.6% of residents are recorded as possessing school level qualifications and 27.7% 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, Mellish Close, Barking, the average age was 32.1 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, Mellish Close, Barking, 0.5% 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, Mellish Close, Barking, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.