According to the public record, 9 Aveley Mansions, Barking is a early-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Aveley Mansions, Whiting Avenue, Barking, IG11.
Whiting Avenue, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
9 Aveley Mansions, Barking has 21 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated May 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 9 Aveley Mansions Barking as £184,519 and the rental value as £1,282 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 9 Aveley Mansions Barking has increased by £2,469 (1.3%) and its rental value has increased by £64 per month (5.0%).
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 9 Aveley Mansions, Barking is in very good condition we estimate a sale value of £193,745 and rental value of £1,346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,602 and a rental value of £1,192 per month.
If you were able to purchase this property for the estimated value of £184,519, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £907 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 HM Land Registry, 9 Aveley Mansions, Barking was last sold on 21 Mar 2018 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2018, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9 Aveley Mansions, Barking within a radius of 400 metres over the last 2 years.
The most recent example is 8 Aveley Mansions, Whiting Avenue, Barking, IG11 8JJ, a Leasehold flat which sold for £222,000 in Dec 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whiting Avenue, Barking, IG11 has a total of 189 addresses. According to our analysis of all the public data, 9 Aveley Mansions, Barking is the 118th largest and the 186th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in IG11.
9 Aveley Mansions, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 9 Aveley Mansions, Barking is Barking station which is 600 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 9 Aveley Mansions, Barking, 53.9% of property is socially rented and 27.3% 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 9 Aveley Mansions, Barking, 35.8% of residents are recorded as possessing school level qualifications and 31.7% 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 9 Aveley Mansions, Barking, the average age was 29.7 and the most common age was 32.
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 9 Aveley Mansions, 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 9 Aveley Mansions, Barking, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.