1605, Lemonade Building 3
1605, Lemonade Building 3
Description & Estimates
According to the public record, 1605, Lemonade Building 3, Barking is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 1605, Lemonade Building 3, Barking is £293,171 and the estimated rental value is £1,702 per month.
The apartment is within Lemonade Building, Arboretum Place, Barking, IG11.
Arboretum Place, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Our Data Sources
1605, Lemonade Building 3, Barking has 2 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated June 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
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 1605, Lemonade Building 3, Barking is in very good condition we estimate a sale value of £307,829 and a rental value of £1,787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,649 and a rental value of £1,583 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1605, Lemonade Building 3, Barking has moved down by £2,629 (0.9%), while its estimated rental value has increased by £70 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
1605, Lemonade Building 3, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jun 2021.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, 1605, Lemonade Building 3, Barking was last sold on 13th February 2015 for £245,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2015, the market for similar properties has risen by 10.8%.
- Sold Feb 2015£245,000
- Sold Feb 2011£188,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1605, Lemonade Building 3, Barking within a radius of 310 metres over the last 2 years.
The most recent example is 601, Lemonade Building 3, Arboretum Place, Barking, IG11 7PX, a leasehold flat which sold for £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 2021£172,000 | 2 Bed FlatLemonade Building 3, Arboretum Place1405, 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.
More reading links
Location Comparison
Arboretum Place, Barking, IG11 has a total of 478 addresses. According to our analysis of all the public data, 1605, Lemonade Building 3, Barking is the 36th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in IG11.
More reading links
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
The closest station to 1605, Lemonade Building 3, Barking is Barking station, which is 200 metres away.
- 300mBarking
- 1.5kmUpney
- 2.0kmEast Ham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
