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According to the public record, 497B, Barking Road is a modern apartment with 226 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 497B, Barking Road is £125,320 and the estimated rental value is £879 per month.
The apartment is within 497, Barking Road, London, E6.
Barking Road, London, E6 is located in the borough of Newham within the E6 postal district.
497B, Barking Road has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 497B, Barking Road is in very good condition we estimate a sale value of £131,586 and a rental value of £923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,547 and a rental value of £818 per month.
Over the last 12 months the sale value of 497B Barking Road has decreased by an estimated £5,024 (4.0%) and its rental value has increased by an estimated £35 per month (4.0%), giving an expected gross yield of 8.4%.
497B, Barking Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 320 metres radius of 497B, Barking Road over the last 2 years.
The most recent example is 499, Barking Road, London, E6 2LN, a freehold house which sold for £330,000 on the 18th January 2023.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barking Road, London, E6 has a total of 827 addresses. According to our analysis of all the public data, 497B, Barking Road is the 822nd largest and the 824th most expensive property on the street.
When compared to the postcode district it is £258k less expensive than the average property in E6.
The nearest school is Nelson Primary School which is 212 metres away. The nearest train station is East Ham which is 800 metres away.
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