According to the public record, 7, Schooner Close, Barking is a modern freehold house with 581 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Schooner Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
7, Schooner Close, Barking has 2 entries in the Land Registry database, most recently in January 2016 and a single entry in the EPC database dated September 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 Schooner Close Barking as £318,568 and the rental value as £1,709 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Schooner Close Barking has increased by £8,971 (2.8%) and its rental value has increased by £126 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, Schooner Close, Barking is in very good condition we estimate a sale value of £334,497 and rental value of £1,795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,268 and a rental value of £1,589 per month.
If you were able to purchase this property for the estimated value of £318,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,566 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, Schooner Close, Barking sits on a plot of 132m2.
We have plot size data on 21 out of 23 other houses in the postcode and 7, Schooner Close, Barking sits on the 19th largest plot.
According to HM Land Registry, 7, Schooner Close, Barking was last sold on 04 Jan 2016 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2016, the market for similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Schooner Close, Barking within a radius of 550 metres over the last 2 years.
The most recent example is 43, Wanderer Drive, Barking, IG11 0XJ, a Freehold house which sold for £350,000 in Dec 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Schooner Close, Barking, IG11 has a total of 23 addresses. According to our analysis of all the public data, 7, Schooner Close, Barking is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in IG11.
7, Schooner Close, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 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, Schooner Close, Barking is Barking Riverside station which is 500 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, Schooner Close, Barking, 46.2% of property is socially rented and 22.2% 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, Schooner Close, Barking, 42.1% of residents are recorded as possessing school level qualifications and 35.5% 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, Schooner 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, Schooner Close, Barking, 0.2% 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, Schooner Close, Barking, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.