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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, Sweetgrass Terrace, Barking is £556,976 and the estimated rental value is £3,717 per month.
Sweetgrass Terrace, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
2, Sweetgrass Terrace, Barking has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Sweetgrass Terrace, Barking is in very good condition we estimate a sale value of £584,825 and a rental value of £3,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £517,988 and a rental value of £3,457 per month.
Over the last 12 months the sale value of 2 Sweetgrass Terrace Barking has decreased by an estimated £10,739 (1.9%) and its rental value has increased by an estimated £138 per month (3.7%), giving an expected gross yield of 8%.
2, Sweetgrass Terrace, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2019.
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, Sweetgrass Terrace, Barking was last sold on 18th February 2021 for £470,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Sweetgrass Terrace, Barking within a radius of 420 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.
Sweetgrass Terrace, Barking, IG11 has a total of 20 addresses. According to our analysis of all the public data, 2, Sweetgrass Terrace, Barking is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in IG11.
The nearest school is Riverside Primary School which is 400 metres away. The nearest train station is Barking Riverside which is 600 metres away.
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