According to the public record, 43B, Barking Road, London is a mid-century leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 43, Barking Road, London, E6.
Barking Road, London, E6 is located in the borough of Newham within the E6 postal district.
43B, Barking Road, London has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated February 2013.
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 43B Barking Road London as £281,785 and the rental value as £1,826 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 43B Barking Road London has increased by £7,248 (2.6%) and its rental value has increased by £78 per month (4.3%).
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 43B, Barking Road, London is in very good condition we estimate a sale value of £295,874 and rental value of £1,917 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,060 and a rental value of £1,698 per month.
If you were able to purchase this property for the estimated value of £281,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,385 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, 43B, Barking Road, London was last sold on 13 Aug 2013 for £172,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 74.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43B, Barking Road, London within a radius of 270 metres over the last 2 years.
The most recent example is 19B, Barking Road, London, E6 1PW, a Leasehold flat which sold for £295,000 in Dec 2021.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barking Road, London, E6 has a total of 684 addresses. According to our analysis of all the public data, 43B, Barking Road, London is the 128th largest and the 273rd most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in E6.
43B, Barking Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Feb 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 43B, Barking Road, London is Upton Park 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 43B, Barking Road, London, 66.9% of property is socially rented and 15.1% 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 43B, Barking Road, London, 22.3% of residents are recorded as possessing school level qualifications and 24.8% 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 43B, Barking Road, London, the average age was 32.9 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 43B, 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 43B, Barking Road, London, 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.