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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
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According to the public record, 40, The Drive, Barking is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,591 ft2 of internal area and sits on a 366 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, The Drive, Barking is £843,348 and the estimated rental value is £5,793 per month.
The Drive, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
40, The Drive, Barking has 21 entries in the Land Registry , most recently in August 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 40, The Drive, Barking is in very good condition we estimate a sale value of £885,515 and a rental value of £6,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £784,313 and a rental value of £5,388 per month.
Over the last 12 months the sale value of 40 The Drive Barking has decreased by an estimated £33,551 (4.0%) and its rental value has increased by an estimated £72 per month (1.2%), giving an expected gross yield of 8.2%.
According to data from HM Land Registry, 40, The Drive, Barking sits on a plot of 366m2.
According to HM Land Registry, 40, The Drive, Barking was last sold on 3rd August 2012 for £485,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2012, the market for similar properties has risen 37.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, The Drive, Barking within a radius of 560 metres over the last 2 years.
The most recent example is 22, Sandringham Road, Barking, IG11 9AD, a freehold house which sold for £700,000 on the 24th May 2024.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Barking, IG11 has a total of 46 addresses. According to our analysis of all the public data, 40, The Drive, Barking is the largest and the most expensive property on the street.
When compared to the postcode district it is £514k more expensive than the average property in IG11.
The nearest school is Manor Junior School which is 298 metres away. The nearest train station is Upney which is 300 metres away.
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