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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, Ridley Close, Barking is £204,899 and the estimated rental value is £1,527 per month.
Ridley Close, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
46, Ridley Close, Barking has 31 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated October 2013.
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 46, Ridley Close, Barking is in very good condition we estimate a sale value of £215,144 and a rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,556 and a rental value of £1,420 per month.
Over the last 12 months the sale value of 46 Ridley Close Barking has decreased by an estimated £4,566 (2.2%) and its rental value has increased by an estimated £66 per month (4.3%), giving an expected gross yield of 8.9%.
46, Ridley Close, Barking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2013.
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, 46, Ridley Close, Barking was last sold on 4th August 2014 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2014, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Ridley Close, Barking within a radius of 450 metres over the last 2 years.
The most recent example is 26, Champness Road, Barking, IG11 9PD, a leasehold flat which sold for £295,000 on the 18th November 2022.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridley Close, Barking, IG11 has a total of 49 addresses. According to our analysis of all the public data, 46, Ridley Close, Barking is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in IG11.
The nearest school is Manor Junior School which is 330 metres away. The nearest train station is Upney which is 200 metres away.
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