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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1301, Lemonade Building 3, Barking is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 1301, Lemonade Building 3, Barking is £295,907 and its rental estimate is £1,712 per month, given the available information and assuming reasonable condition.
Lemonade Building, Arboretum Place is a residential building on Arboretum Place, Barking, IG11 and falls within the IG11 postal district and the borough of Barking and Dagenham.
1301, Lemonade Building 3, Barking has 2 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated October 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1301, Lemonade Building 3, Barking, we estimate a market value of £310,702 and a rental value of £1,798 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,193 and £1,593 per month respectively.
Over the last year, 1301, Lemonade Building 3, Barking has seen its estimated sale value drop by £2,654 (0.9%) and its estimated rental value rise by £71 per month (4.1%). This results in an estimated gross rental yield of 6.9%.
1301, Lemonade Building 3, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of 1301, Lemonade Building 3, Barking completed on 6th June 2019 at £265,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.4% over the period since June 2019.
Over the past 2 years 3 properties similar to 1301, Lemonade Building 3, Barking have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was 601, Lemonade Building 3, Arboretum Place, Barking, IG11 7PX, a leasehold flat which sold for £235,000.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 478 addresses on Arboretum Place, Barking, IG11, 1301, Lemonade Building 3, Barking comes out as the 30th largest and the 51st most expensive in our analysis of the public data.
It is also £36k less expensive than the average property across the IG11 district.
From 1301, Lemonade Building 3, Barking, the nearest station is Barking, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1301, Lemonade Building 3, Barking, 63.6% of property is privately rented and 15.5% 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 1301, Lemonade Building 3, Barking, 21.5% of residents are recorded as possessing school level qualifications and 54.8% 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 1301, Lemonade Building 3, Barking, the average age was 29.7 and the most common age was 32.
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 1301, Lemonade Building 3, Barking, 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 1301, Lemonade Building 3, Barking, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
