1405, Lemonade Building 3
1405, Lemonade Building 3
Description & Estimates
Public records show 1405, Lemonade Building 3, Barking to be a modern leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
1405, Lemonade Building 3, Barking has an estimated sale value of £295,907 and an estimated rental value of £1,712 per month, assuming reasonable condition and based on the information available.
The apartment sits within Lemonade Building, Arboretum Place, Barking, IG11.
Arboretum Place, Barking, IG11 lies in the borough of Barking and Dagenham, within the IG11 postal district.
Our Data Sources
1405, Lemonade Building 3, Barking has 3 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated January 2021.
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.
Price Range & Condition
In very good condition, we estimate 1405, Lemonade Building 3, Barking would be worth £310,702, with a potential rental value of £1,798 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £275,193, with a rental value of £1,593 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1405, Lemonade Building 3, Barking has fallen by £2,654 (0.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £71 (4.1%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
1405, Lemonade Building 3, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
1405, Lemonade Building 3, Barking last changed hands on 31st March 2021, selling for £172,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 16.9% since March 2021.
- Sold Mar 2021£172,000
- Sold Dec 2014£240,000
- Sold Mar 2011£188,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 310 metres of 1405, Lemonade Building 3, Barking across the last 2 years.
Most recently, 601, Lemonade Building 3, Arboretum Place, Barking, IG11 7PX, a leasehold flat, sold at £235,000 on the 1st August 2024.
Read more about house prices in IG11.
- Sold Aug 2024£235,000 | 2 Bed FlatLemonade Building 3, Arboretum Place601, Lemonade Building 3, Arboretum Place, Barking, IG11 7PX
- Sold Mar 2024£351,000 | 3 Bed FlatLemonade Building 3, Arboretum Place1205, Lemonade Building 3, Arboretum Place, Barking, IG11 7PY
- Sold Jun 2019£265,000 | 2 Bed FlatLemonade Building 3, Arboretum Place1301, Lemonade Building 3, Arboretum Place, Barking, IG11 7PY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1405, Lemonade Building 3, Barking as the 29th largest and the 50th most expensive of the 478 addresses on Arboretum Place, Barking, IG11.
Against the IG11 postcode district average, it is £36k less expensive than the typical property.
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Schools Nearby
- 300mSt Margarets CofE Primary School
- 400mSt Joseph's Catholic Primary School
- 500mGascoigne Primary School
- 600mGreatfields School
- 1.6kmBarking Abbey School, A Specialist Sports and Humanities College
More reading links
Public Transport Nearby
Barking station is the nearest stop to 1405, Lemonade Building 3, Barking at 200 metres away.
- 300mBarking
- 1.5kmUpney
- 2.0kmEast Ham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
