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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, Flat 1, Bower House, Barking is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 711 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 Flat 1, Bower House, Barking is £199,335 and the estimated rental value is £1,396 per month.
The apartment is within Bower House, Whiting Avenue, Barking, IG11.
Whiting Avenue, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 1, Bower House, Barking has a single entry in the Land Registry from December 2007 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 2 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 Flat 1, Bower House, Barking is in very good condition we estimate a sale value of £209,302 and a rental value of £1,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,382 and a rental value of £1,298 per month.
Over the last 12 months the sale value of Flat 1 Bower House Barking has decreased by an estimated £2,250 (1.1%) and its rental value has increased by an estimated £57 per month (4.1%), giving an expected gross yield of 8.4%.
According to HM Land Registry, Flat 1, Bower House, Barking was last sold on 11th December 2007 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2007, the market for similar properties has risen 38.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Bower House, Barking within a radius of 330 metres over the last 2 years.
The most recent example is 1 Aveley Mansions, Whiting Avenue, Barking, IG11 8JJ, a leasehold flat which sold for £175,000 on the 17th June 2022.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whiting Avenue, Barking, IG11 has a total of 192 addresses. According to our analysis of all the public data, Flat 1, Bower House, Barking is the 98th largest and the 160th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in IG11.
The nearest school is St Margarets CofE Primary School which is 300 metres away. The nearest train station is Barking which is 500 metres away.
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