According to the public record, Flat 7, 101-103, Barking Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 927 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 101-103, Barking Road, London, E16.
Barking Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 7, 101-103, Barking Road, London has a single entry in the Land Registry database from February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 7 101-103 Barking Road London as £261,825 and the rental value as £1,515 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 7 101-103 Barking Road London has increased by £8,479 (3.2%) and its rental value has increased by £88 per month (5.8%).
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 7, 101-103, Barking Road, London is in very good condition we estimate a sale value of £274,916 and rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,497 and a rental value of £1,409 per month.
If you were able to purchase this property for the estimated value of £261,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,287 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 7, 101-103, Barking Road, London was last sold on 09 Feb 2018 for £565,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2018, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 101-103, Barking Road, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 8, 101-103, Barking Road, London, E16 4HQ, a Leasehold flat which sold for £500,000 in Jun 2021.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barking Road, London, E16 has a total of 382 addresses. According to our analysis of all the public data, Flat 7, 101-103, Barking Road, London is the 34th largest and the 287th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in E16.
The closest station to Flat 7, 101-103, Barking Road, London is Star Lane station which is 500 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 7, 101-103, Barking Road, London, 62.8% of property is socially rented and 17.1% 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 7, 101-103, Barking Road, London, 32.5% of residents are recorded as possessing school level qualifications and 33.5% 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 7, 101-103, Barking Road, London, the average age was 33.4 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 Flat 7, 101-103, Barking Road, London, 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 7, 101-103, 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.