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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
According to the public record, 3, Loftus Road, Barking is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 555 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Loftus Road, Barking is £215,005 and the estimated rental value is £1,864 per month.
The apartment is within 3, Loftus Road, Barking, IG11.
Loftus Road, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
3, Loftus Road, Barking has 21 entries in the Land Registry , most recently in October 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, Loftus Road, Barking is in very good condition we estimate a sale value of £225,755 and a rental value of £1,958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,955 and a rental value of £1,734 per month.
Over the last 12 months the sale value of 3 Loftus Road Barking has decreased by an estimated £4,500 (2.1%) and its rental value has increased by an estimated £76 per month (4.1%), giving an expected gross yield of 10.4%.
According to HM Land Registry, 3, Loftus Road, Barking was last sold on 12th October 2012 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2012, the market for similar properties has risen 57.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Loftus Road, Barking within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1, One Six Five 165, North Street, Barking, IG11 8LA, a leasehold flat which sold for £210,000 on the 28th June 2024.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loftus Road, Barking, IG11 has a total of 25 addresses. According to our analysis of all the public data, 3, Loftus Road, Barking is the 21st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in IG11.
The nearest school is Northbury Primary School which is 123 metres away. The nearest train station is Barking which is 400 metres away.
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