According to the public record, Flat 42, The Odeon 22-30, Barking is a modern leasehold apartment with 488 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in The Odeon, Longbridge Road, Barking, IG11.
Longbridge Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 42, The Odeon 22-30, Barking has 21 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated March 2012.
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 42 The Odeon 22-30 Barking as £206,630 and the rental value as £1,348 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 42 The Odeon 22-30 Barking has decreased by £960 (0.5%) and its rental value has increased by £43 per month (3.2%).
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 42, The Odeon 22-30, Barking is in very good condition we estimate a sale value of £216,961 and rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,166 and a rental value of £1,254 per month.
If you were able to purchase this property for the estimated value of £206,630, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,016 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 42, The Odeon 22-30, Barking was last sold on 23 Aug 2013 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2013, the market for similar properties has risen 66.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, The Odeon 22-30, Barking within a radius of 350 metres over the last 2 years.
The most recent example is Flat 67, The Odeon 22-30, Longbridge Road, Barking, IG11 8RR, a Leasehold flat which sold for £195,000 in Jan 2023.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longbridge Road, Barking, IG11 has a total of 839 addresses. According to our analysis of all the public data, Flat 42, The Odeon 22-30, Barking is the 689th largest and the 672nd most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in IG11.
Flat 42, The Odeon 22-30, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2012.
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 42, The Odeon 22-30, Barking is Barking station which is 0 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 42, The Odeon 22-30, Barking, 63.8% of property is privately rented and 17.5% is privately owned outright.
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 42, The Odeon 22-30, Barking, 24.0% of residents are recorded as possessing school level qualifications and 40.7% 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 42, The Odeon 22-30, Barking, the average age was 34.5 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 42, The Odeon 22-30, Barking, 0.6% 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 42, The Odeon 22-30, Barking, 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.