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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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According to the public record, 2, Bulrush Terrace, Barking is a modern leasehold house with 1,420 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bulrush Terrace, Barking is £487,467 and the estimated rental value is £3,843 per month.
Bulrush Terrace, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
2, Bulrush Terrace, Barking has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated November 2020.
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.
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 2, Bulrush Terrace, Barking is in very good condition we estimate a sale value of £511,840 and a rental value of £4,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,344 and a rental value of £3,574 per month.
Over the last 12 months the sale value of 2 Bulrush Terrace Barking has decreased by an estimated £16,974 (3.5%) and its rental value has increased by an estimated £106 per month (2.8%), giving an expected gross yield of 9.5%.
2, Bulrush Terrace, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 2, Bulrush Terrace, Barking was last sold on 15th January 2021 for £430,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bulrush Terrace, Barking within a radius of 500 metres over the last 2 years.
The most recent example is 11, Bulrush Terrace, Barking, IG11 0NT, a freehold house which sold for £535,000 on the 20th September 2023.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bulrush Terrace, Barking, IG11 has a total of 26 addresses. According to our analysis of all the public data, 2, Bulrush Terrace, Barking is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in IG11.
The nearest school is Riverside School which is 517 metres away. The nearest train station is Barking Riverside which is 700 metres away.
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