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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 2, Pedley House 6, Barking is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 596 ft2 of internal area and a balcony.
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 2, Pedley House 6, Barking is £275,261 and the estimated rental value is £2,200 per month.
The apartment is within Pedley House, Ripplegate Walk, Barking, IG11.
Ripplegate Walk, Barking, IG11 is located in the borough of Barking and Dagenham within the IG11 postal district.
Flat 2, Pedley House 6, Barking has a single entry in the Land Registry from October 2019 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 5 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 2, Pedley House 6, Barking is in very good condition we estimate a sale value of £289,024 and a rental value of £2,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,993 and a rental value of £2,046 per month.
Over the last 12 months the sale value of Flat 2 Pedley House 6 Barking has decreased by an estimated £5,708 (2.1%) and its rental value has increased by an estimated £98 per month (4.5%), giving an expected gross yield of 9.6%.
According to HM Land Registry, Flat 2, Pedley House 6, Barking was last sold on 1st October 2019 for £251,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Pedley House 6, Barking within a radius of 420 metres over the last 2 years.
The most recent example is Flat 7, Pedley House 6, Ripplegate Walk, Barking, IG11 0YB, a leasehold flat which sold for £251,995 on the 27th September 2019.
Read more about house prices in IG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ripplegate Walk, Barking, IG11 has a total of 45 addresses. According to our analysis of all the public data, Flat 2, Pedley House 6, Barking is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in IG11.
The nearest school is Riverside School which is 244 metres away. The nearest train station is Barking Riverside which is 500 metres away.
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