According to the public record, Flat 14, Arncroft Court, Barking is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Arncroft Court, Great Galley Close, Barking, IG11.
Great Galley Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 14, Arncroft Court, Barking has 51 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated December 2022.
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 14 Arncroft Court Barking as £229,833 and the rental value as £1,534 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat 14 Arncroft Court Barking has increased by £2,277 (1.0%) and its rental value has increased by £84 per month (5.5%).
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 14, Arncroft Court, Barking is in very good condition we estimate a sale value of £241,325 and rental value of £1,610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,745 and a rental value of £1,426 per month.
If you were able to purchase this property for the estimated value of £229,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,130 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 14, Arncroft Court, Barking was last sold on 10 Mar 2023 for £240,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 14, Arncroft Court, Barking within a radius of 510 metres over the last 2 years.
The most recent example is Flat 20, Arncroft Court, Great Galley Close, Barking, IG11 0XP, a Leasehold flat which sold for £220,000 in Jul 2019.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Galley Close, Barking, IG11 has a total of 65 addresses. According to our analysis of all the public data, Flat 14, Arncroft Court, Barking is the 63rd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in IG11.
Flat 14, Arncroft Court, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 14, Arncroft Court, Barking is Barking Riverside 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 14, Arncroft Court, Barking, 53.4% of property is privately owned with a mortgage and 33.9% is privately 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 Flat 14, Arncroft Court, Barking, 26.5% of residents are recorded as possessing school level qualifications and 59.9% 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 14, Arncroft Court, Barking, the average age was 30.5 and the most common age was 12.
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 14, Arncroft Court, Barking, 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 Flat 14, Arncroft Court, Barking, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.