According to the public record, Flat 1, Austin House 9, Barking is a mid-century Leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Austin House, Mellish Close, Barking, IG11.
Mellish Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 1, Austin House 9, Barking has 21 entries in the Land Registry database, most recently in November 2016 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 Flat 1 Austin House 9 Barking as £304,327 and the rental value as £1,730 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 1 Austin House 9 Barking has increased by £3,975 (1.3%) and its rental value has increased by £91 per month (5.3%).
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 Flat 1, Austin House 9, Barking is in very good condition we estimate a sale value of £319,543 and rental value of £1,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,024 and a rental value of £1,609 per month.
If you were able to purchase this property for the estimated value of £304,327, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,496 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, Flat 1, Austin House 9, Barking was last sold on 18 Nov 2016 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Austin House 9, Barking within a radius of 480 metres over the last 2 years.
The most recent example is 174, Blake Avenue, Barking, IG11 9SD, a Leasehold flat which sold for £275,000 in Apr 2024.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellish Close, Barking, IG11 has a total of 14 addresses. According to our analysis of all the public data, Flat 1, Austin House 9, Barking is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in IG11.
Flat 1, Austin House 9, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 1, Austin House 9, Barking is Upney station which is 700 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 Flat 1, Austin House 9, Barking, 33.6% of property is socially rented and 30.3% 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 Flat 1, Austin House 9, Barking, 27.6% of residents are recorded as possessing school level qualifications and 27.7% 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 Flat 1, Austin House 9, Barking, the average age was 32.1 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 Flat 1, Austin House 9, 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 Flat 1, Austin House 9, Barking, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.