According to the public record, Flat A, 241, Barking Road, London is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 241, Barking Road, London, E13.
Barking Road, London, E13 is located in the borough of Newham within the E13 postal district.
Flat A, 241, Barking Road, London has a single entry in the Land Registry database from April 2008 and a single entry in the EPC database dated October 2014.
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 A 241 Barking Road London as £251,462 and the rental value as £1,500 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat A 241 Barking Road London has increased by £9,116 (3.6%) and its rental value has increased by £84 per month (5.6%).
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 A, 241, Barking Road, London is in very good condition we estimate a sale value of £264,035 and rental value of £1,575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,859 and a rental value of £1,395 per month.
If you were able to purchase this property for the estimated value of £251,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,236 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 A, 241, Barking Road, London was last sold on 09 Apr 2008 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 56.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 241, Barking Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 17, 244, Barking Road, London, E13 8HR, a Leasehold flat which sold for £300,000 in Dec 2021.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barking Road, London, E13 has a total of 840 addresses. According to our analysis of all the public data, Flat A, 241, Barking Road, London is the 404th largest and the 475th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in E13.
Flat A, 241, Barking Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2014.
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 A, 241, Barking Road, London is Star Lane station which is 900 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 A, 241, Barking Road, London, 43.8% of property is privately rented and 37.1% 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 A, 241, Barking Road, London, 25.8% of residents are recorded as possessing school level qualifications and 28.9% 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 A, 241, 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 A, 241, Barking Road, London, 1.4% 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 A, 241, 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.