According to the public record, 307B, Barking Road, London is a period leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 307, Barking Road, London, E13.
Barking Road, London, E13 is located in the borough of Newham within the E13 postal district.
307B, Barking Road, London has 2 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated October 2023.
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 307B Barking Road London as £166,370 and the rental value as £994 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 307B Barking Road London has increased by £7,491 (4.5%) and its rental value has increased by £61 per month (6.1%).
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 307B, Barking Road, London is in very good condition we estimate a sale value of £174,688 and rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,724 and a rental value of £924 per month.
If you were able to purchase this property for the estimated value of £166,370, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £818 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, 307B, Barking Road, London was last sold on 10 Apr 2019 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2019, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 310 metres radius of 307B, Barking Road, London over the last 2 years.
The most recent example is Flat 3, 311, Barking Road, London, E13 8EE, a Leasehold flat which sold for £185,000 in Mar 2021.
Read more about house prices in E13.
Barking Road, London, E13 has a total of 840 addresses. According to our analysis of all the public data, 307B, Barking Road, London is the 777th largest and the 793rd most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in E13.
307B, Barking Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 307B, Barking Road, London is Plaistow station which is 1.0 kilometres 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 307B, Barking Road, London, 39.2% of property is privately rented and 37.6% is socially 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 307B, Barking Road, London, 31.1% of residents are recorded as possessing school level qualifications and 32.8% 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 307B, 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 307B, Barking Road, London, 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 307B, Barking Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.