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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 345, Longbridge Road, Barking is £243,285 and the estimated rental value is £1,898 per month.
Longbridge Road, Barking, IG11 is located in the borough of Redbridge within the IG11 postal district.
345, Longbridge Road, Barking has 51 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 345, Longbridge Road, Barking is in very good condition we estimate a sale value of £255,449 and a rental value of £1,993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,255 and a rental value of £1,765 per month.
Over the last 12 months the sale value of 345 Longbridge Road Barking has decreased by an estimated £4,251 (1.7%) and its rental value has increased by an estimated £86 per month (4.5%), giving an expected gross yield of 9.4%.
345, Longbridge Road, Barking has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 345, Longbridge Road, Barking was last sold on 28th August 2020 for £248,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since August 2020, the market for similar properties has dropped 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 345, Longbridge Road, Barking within a radius of 460 metres over the last 2 years.
The most recent example is 289, Longbridge Road, Barking, IG11 9DJ, a leasehold flat which sold for £253,000 on the 19th June 2024.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longbridge Road, Barking, IG11 has a total of 842 addresses. According to our analysis of all the public data, 345, Longbridge Road, Barking is the 263rd largest and the 289th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in IG11.
The nearest school is Manor Junior School which is 649 metres away. The nearest train station is Upney which is 1.1 kilometres away.
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