According to the public record, 157B, Barking Road, London is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 157, Barking Road, London, E16.
Barking Road, London, E16 is located in the borough of Newham within the E16 postal district.
157B, Barking Road, London has 31 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated December 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 157B Barking Road London as £183,286 and the rental value as £1,093 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 157B Barking Road London has increased by £5,935 (3.2%) and its rental value has increased by £64 per month (5.8%).
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 157B, Barking Road, London is in very good condition we estimate a sale value of £192,450 and rental value of £1,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,456 and a rental value of £1,016 per month.
If you were able to purchase this property for the estimated value of £183,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £901 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, 157B, Barking Road, London was last sold on 07 Nov 2019 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2019, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 157B, Barking Road, London within a radius of 290 metres over the last 2 years.
The most recent example is 44, Comyns Close, London, E16 4JJ, a Leasehold flat which sold for £240,000 in Mar 2019.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barking Road, London, E16 has a total of 382 addresses. According to our analysis of all the public data, 157B, Barking Road, London is the 332nd largest and the 362nd most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in E16.
157B, Barking Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 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 157B, Barking Road, London is Star Lane 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 157B, Barking Road, London, 62.8% of property is socially rented and 17.1% 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 157B, Barking Road, London, 32.5% of residents are recorded as possessing school level qualifications and 33.5% 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 157B, Barking Road, London, the average age was 33.4 and the most common age was 27.
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 157B, Barking Road, London, 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 157B, Barking Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.