According to the public record, 8, Park Avenue, Barking is a period freehold house with 1,562 ft2 of internal area and sits on a 241 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Avenue, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
8, Park Avenue, Barking has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated February 2010.
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 8 Park Avenue Barking as £523,113 and the rental value as £2,668 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 8 Park Avenue Barking has increased by £2,133 (0.4%) and its rental value has increased by £108 per month (4.1%).
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 8, Park Avenue, Barking is in very good condition we estimate a sale value of £549,269 and rental value of £2,801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £486,495 and a rental value of £2,481 per month.
If you were able to purchase this property for the estimated value of £523,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,571 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, 8, Park Avenue, Barking sits on a plot of 241m2.
We have plot size data on 32 out of 50 other houses in the postcode and 8, Park Avenue, Barking sits on the 6th largest plot.
According to HM Land Registry, 8, Park Avenue, Barking was last sold on 11 Jun 2010 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 88.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Avenue, Barking within a radius of 440 metres over the last 2 years.
The most recent example is 60, Park Avenue, Barking, IG11 8QU, a Freehold house which sold for £510,000 in Apr 2024.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Barking, IG11 has a total of 186 addresses. According to our analysis of all the public data, 8, Park Avenue, Barking is the 8th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £183k more expensive than the average property in IG11.
8, Park Avenue, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2010.
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 8, Park Avenue, Barking is Barking station which is 300 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 8, Park Avenue, Barking, 54.9% of property is privately rented and 23.9% is privately owned outright.
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 8, Park Avenue, Barking, 27.2% of residents are recorded as possessing school level qualifications and 33.3% 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 8, Park Avenue, 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 8, Park Avenue, 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 8, Park Avenue, 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.