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2 Park Avenue is a residential building situated on Park Avenue, Barking, IG11 with 2 addresses.
It ranks as the 134th largest and 836th most expensive of the 884 buildings in the IG11 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2 Park Avenue is a residential building situated on Park Avenue, Barking, IG11 with 2 addresses.
It ranks as the 134th largest and 836th most expensive of the 884 buildings in the IG11 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £320,243 for 2 bedroom leasehold flats (678 ft2) to £321,956 for 2 bedroom leasehold flats with a garden (678 ft2) .
Monthly rental prices range from £2,278 pcm for 2 bed flats to £2,290 pcm for 2 bed flats.
The gross rental yield is between 8.5% and 8.5%.
The average value per square foot is £474.
The last sale in 2 Park Avenue sold for £122,500 on 5th November 2003. Since then prices are down an average of 0.0%.
The current average value in the building is £321,100.
The 2 Park Avenue Sales Market has decreased by 1.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £321,100 |
| April 2025 | -2.4% | £327,840 |
| April 2024 | -4.2% | £336,045 |
| April 2023 | 3.5% | £350,934 |
| April 2022 | 1.8% | £339,120 |
| April 2021 | 5.2% | £333,054 |
| April 2020 | -0.2% | £316,452 |
| April 2019 | 0.3% | £316,958 |
| April 2018 | -2.4% | £315,891 |
| April 2017 | -1% | £323,599 |
| April 2016 | 23.9% | £326,965 |
| April 2015 | 14.6% | £263,930 |
| April 2014 | 7.7% | £230,345 |
| April 2013 | 2.2% | £213,956 |
| April 2012 | -1.7% | £209,280 |
| April 2011 | 1.9% | £212,794 |
| April 2010 | -1.1% | £208,865 |
| April 2009 | -14% | £211,179 |
| April 2008 | 4.7% | £245,640 |
| April 2007 | 0% | £234,684 |
The current average rental value in the building is £2,284.
The 2 Park Avenue Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £2,284pcm |
| April 2025 | 5.6% | £2,191pcm |
| April 2024 | 7.2% | £2,075pcm |
| April 2023 | 14.6% | £1,936pcm |
| April 2022 | 7% | £1,689pcm |
| April 2021 | -2.2% | £1,579pcm |
| April 2020 | 2.6% | £1,615pcm |
| April 2019 | 2.6% | £1,574pcm |
| April 2018 | 0.3% | £1,535pcm |
| April 2017 | -2.8% | £1,530pcm |
| April 2016 | 4.1% | £1,574pcm |
| April 2015 | 6.7% | £1,512pcm |
| April 2014 | 6.8% | £1,417pcm |
| April 2013 | 5.4% | £1,326pcm |
| April 2012 | 6.1% | £1,258pcm |
| April 2011 | 3.8% | £1,186pcm |
| April 2010 | -0.3% | £1,143pcm |
| April 2009 | -5.2% | £1,146pcm |
| April 2008 | 10.4% | £1,209pcm |
| April 2007 | 0% | £1,095pcm |
The last sale was on 5th November 2003 for £122,500 and since then the market in the area has remained stable. The building has had a total of 4 sales since 1995.
2, Park Avenue, Barking, IG11 8QU has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Park Avenue, Barking, IG11 8QU is Barking station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Park Avenue, Barking, IG11 8QU, 54.9% of property is privately rented and 23.9% 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 2, Park Avenue, Barking, IG11 8QU, 27.2% of residents are recorded as possessing school level qualifications and 33.3% 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 2, Park Avenue, Barking, IG11 8QU, 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 2, Park Avenue, Barking, IG11 8QU, 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 2, Park Avenue, Barking, IG11 8QU, 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.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.