According to the public record, Flat 7, 593, Barking Road, London is a period leasehold apartment with 1,388 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 593, Barking Road, London, E6.
Barking Road, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 7, 593, Barking Road, London has a single entry in the Land Registry database from February 2008 and a single entry in the EPC database dated April 2020.
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 7 593 Barking Road London as £393,940 and the rental value as £2,485 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 7 593 Barking Road London has increased by £9,684 (2.5%) and its rental value has increased by £105 per month (4.2%).
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 7, 593, Barking Road, London is in very good condition we estimate a sale value of £413,637 and rental value of £2,609 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,364 and a rental value of £2,311 per month.
If you were able to purchase this property for the estimated value of £393,940, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,936 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, 593, Barking Road, London was last sold on 29 Feb 2008 for £212,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 62.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 380 metres radius of Flat 7, 593, Barking Road, London over the last 2 years.
The most recent example is Flat 6, 593, Barking Road, London, E6 2LW, a Leasehold flat which sold for £199,000 in Feb 2008.
Read more about house prices in E6.
Barking Road, London, E6 has a total of 684 addresses. According to our analysis of all the public data, Flat 7, 593, Barking Road, London is the 8th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in E6.
Flat 7, 593, Barking Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2020.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, 593, Barking Road, London is East Ham station which is 1.0 kilometres 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, 593, Barking Road, London, 63.0% of property is privately rented and 24.7% is socially 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 7, 593, Barking Road, London, 33.6% of residents are recorded as possessing school level qualifications and 37.1% 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, 593, Barking Road, London, the average age was 32.6 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 7, 593, Barking Road, London, 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 7, 593, Barking Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.