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According to the public record, 4, Rope Walk, Barking is a modern leasehold house with 1,151 ft2 of internal area.
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 4, Rope Walk, Barking is £479,876 and the estimated rental value is £3,675 per month.
Rope Walk, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
4, Rope Walk, Barking has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated May 2022.
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 4, Rope Walk, Barking is in very good condition we estimate a sale value of £503,869 and a rental value of £3,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,284 and a rental value of £3,418 per month.
Over the last 12 months the sale value of 4 Rope Walk Barking has decreased by an estimated £16,710 (3.5%) and its rental value has increased by an estimated £102 per month (2.8%), giving an expected gross yield of 9.2%.
4, Rope Walk, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 4, Rope Walk, Barking was last sold on 12th July 2023 for £505,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Rope Walk, Barking within a radius of 310 metres over the last 2 years.
The most recent example is 6, Rope Walk, Barking, IG11 7US, a leasehold house which sold for £493,000 on the 29th June 2023.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rope Walk, Barking, IG11 has a total of 6 addresses. According to our analysis of all the public data, 4, Rope Walk, Barking is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in IG11.
The nearest school is St Joseph's Catholic Primary School which is 302 metres away. The nearest train station is Barking which is 700 metres away.
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