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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 101, The Halcyon 6, Barking is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 101, The Halcyon 6, Barking is £347,657 and the estimated rental value is £2,467 per month.
The apartment is within The Halcyon, Drydock Square, Barking, IG11.
Drydock Square, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 101, The Halcyon 6, Barking has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 101, The Halcyon 6, Barking is in very good condition we estimate a sale value of £365,039 and a rental value of £2,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,321 and a rental value of £2,295 per month.
Over the last 12 months the sale value of Flat 101 The Halcyon 6 Barking has decreased by an estimated £8,354 (2.4%) and its rental value has increased by an estimated £104 per month (4.2%), giving an expected gross yield of 8.5%.
Flat 101, The Halcyon 6, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jan 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, Flat 101, The Halcyon 6, Barking was last sold on 24th September 2021 for £340,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 101, The Halcyon 6, Barking within a radius of 350 metres over the last 2 years.
The most recent example is Flat 140, The Halcyon 6, Drydock Square, Barking, IG11 7ZA, a leasehold flat which sold for £370,000 on the 9th November 2021.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drydock Square, Barking, IG11 has a total of 257 addresses. According to our analysis of all the public data, Flat 101, The Halcyon 6, Barking is the 140th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in IG11.
The nearest school is St Joseph's Catholic Primary School which is 340 metres away. The nearest train station is Barking which is 700 metres away.
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