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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 298, Ripple Road, Barking is £177,894 and the estimated rental value is £1,563 per month.
The apartment is within 298, Ripple Road, Barking, IG11.
Ripple Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
298, Ripple Road, Barking has 41 entries in the Land Registry , most recently in December 2014 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 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 298, Ripple Road, Barking is in very good condition we estimate a sale value of £186,789 and a rental value of £1,641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,441 and a rental value of £1,453 per month.
Over the last 12 months the sale value of 298 Ripple Road Barking has decreased by an estimated £3,109 (1.7%) and its rental value has increased by an estimated £71 per month (4.5%), giving an expected gross yield of 10.5%.
298, Ripple Road, Barking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 298, Ripple Road, Barking was last sold on 3rd December 2014 for £155,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since December 2014, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 298, Ripple Road, Barking within a radius of 400 metres over the last 2 years.
The most recent example is 290A, Ripple Road, Barking, IG11 7RW, a leasehold flat which sold for £185,000 on the 20th December 2021.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ripple Road, Barking, IG11 has a total of 452 addresses. According to our analysis of all the public data, 298, Ripple Road, Barking is the 350th largest and the 437th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in IG11.
The nearest school is Ripple Primary School which is 106 metres away. The nearest train station is Upney which is 800 metres away.
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