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According to the public record, 36, Payne Close, Barking is a mid-century apartment with 645 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 36, Payne Close, Barking is £251,383 and the estimated rental value is £1,807 per month.
Payne Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
36, Payne Close, Barking has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data 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 36, Payne Close, Barking is in very good condition we estimate a sale value of £263,952 and a rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,786 and a rental value of £1,680 per month.
Over the last 12 months the sale value of 36 Payne Close Barking has decreased by an estimated £5,261 (2.1%) and its rental value has increased by an estimated £74 per month (4.1%), giving an expected gross yield of 8.6%.
36, Payne Close, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 36, Payne Close, Barking was last sold on 23rd May 2001 for £106,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Payne Close, Barking within a radius of 430 metres over the last 2 years.
The most recent example is 111, Thornhill Gardens, Barking, IG11 9TY, a leasehold flat which sold for £218,000 on the 30th September 2024.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Payne Close, Barking, IG11 has a total of 45 addresses. According to our analysis of all the public data, 36, Payne Close, Barking is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in IG11.
The nearest school is Eastbury Primary School which is 409 metres away. The nearest train station is Upney which is 300 metres away.
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