According to the public record, Flat 17, Beach House 3, Barking is a modern leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Beach House, Sackett Road, Barking, IG11.
Sackett Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 17, Beach House 3, Barking has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated October 2017.
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 17 Beach House 3 Barking as £343,600 and the rental value as £2,051 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 17 Beach House 3 Barking has increased by £1,212 (0.4%) and its rental value has increased by £95 per month (4.6%).
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 17, Beach House 3, Barking is in very good condition we estimate a sale value of £360,780 and rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,548 and a rental value of £1,908 per month.
If you were able to purchase this property for the estimated value of £343,600, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,689 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 17, Beach House 3, Barking was last sold on 23 Nov 2017 for £352,495 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, Beach House 3, Barking within a radius of 920 metres over the last 2 years.
The most recent example is Flat 37, Dalton House 7, Handley Page Road, Barking, IG11 0UZ, a Leasehold flat which sold for £317,500 in Aug 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sackett Road, Barking, IG11 has a total of 98 addresses. According to our analysis of all the public data, Flat 17, Beach House 3, Barking is the largest and the most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in IG11.
Flat 17, Beach House 3, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 17, Beach House 3, Barking is Barking Riverside 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 Flat 17, Beach House 3, Barking, 47.3% of property is privately owned with a mortgage and 34.1% 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 17, Beach House 3, Barking, 33.6% of residents are recorded as possessing school level qualifications and 48.6% 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 17, Beach House 3, 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 17, Beach House 3, 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 17, Beach House 3, Barking, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.