According to the public record, Basement Flat, 508, Barking Road, London is a period apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 508, Barking Road, London, E13.
Barking Road, London, E13 is located in the borough of Newham within the E13 postal district.
Basement Flat, 508, Barking Road, London has no records in the Land Registry database and a single entry in the EPC database dated December 2015.
We combine this information with public data 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 Basement Flat 508 Barking Road London as £234,511 and the rental value as £1,433 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Basement Flat 508 Barking Road London has increased by £8,380 (3.6%) and its rental value has increased by £73 per month (5.1%).
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 Basement Flat, 508, Barking Road, London is in very good condition we estimate a sale value of £246,237 and rental value of £1,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,095 and a rental value of £1,333 per month.
If you were able to purchase this property for the estimated value of £234,511, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,153 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 508, Barking Road, London within a radius of 360 metres over the last 2 years.
The most recent example is 123A, Balaam Street, London, E13 8AF, a Leasehold flat which sold for £180,000 in Sep 2015.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barking Road, London, E13 has a total of 840 addresses. According to our analysis of all the public data, Basement Flat, 508, Barking Road, London is the 584th largest and the 512th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in E13.
Basement Flat, 508, Barking Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Dec 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Basement Flat, 508, 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 Basement Flat, 508, Barking Road, London, 48.6% of property is privately rented and 17.6% 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 Basement Flat, 508, Barking Road, London, 27.9% 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 Basement Flat, 508, Barking Road, London, the average age was 33.8 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 Basement Flat, 508, Barking Road, London, 0.2% 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 Basement Flat, 508, 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.