According to the public record, Flat 9, Brook Court, Barking is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Brook Court, Spring Place, Barking, IG11.
Spring Place, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 9, Brook Court, Barking has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated July 2021.
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 9 Brook Court Barking as £216,898 and the rental value as £1,450 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat 9 Brook Court Barking has increased by £165 (0.1%) and its rental value has increased by £54 per month (3.7%).
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 9, Brook Court, Barking is in very good condition we estimate a sale value of £227,743 and rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,715 and a rental value of £1,348 per month.
If you were able to purchase this property for the estimated value of £216,898, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,066 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 9, Brook Court, Barking was last sold on 20 Sep 2007 for £239,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 46.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Brook Court, Barking within a radius of 460 metres over the last 2 years.
The most recent example is Flat 15, Seawall Court, Dock Road, Barking, IG11 7GP, a Leasehold flat which sold for £250,000 in Dec 2022.
Read more about house prices in IG11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Place, Barking, IG11 has a total of 222 addresses. According to our analysis of all the public data, Flat 9, Brook Court, Barking is the 165th largest and the 163rd most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in IG11.
Flat 9, Brook Court, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 9, Brook Court, Barking is Beckton station which is 1.6 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 9, Brook Court, Barking, 52.9% of property is privately rented and 24.4% 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 9, Brook Court, Barking, 39.2% of residents are recorded as possessing school level qualifications and 43.1% 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 9, Brook Court, Barking, the average age was 29.8 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 9, Brook Court, 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 9, Brook Court, Barking, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.