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According to the public record, Flat 29, Pedley House 26, Barking is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 29, Pedley House 26, Barking is £273,474 and the estimated rental value is £1,839 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 29, Pedley House 26, Barking has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property 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 29, Pedley House 26, Barking is in very good condition we estimate a sale value of £287,148 and a rental value of £1,931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,331 and a rental value of £1,710 per month.
Over the last 12 months the sale value of Flat 29 Pedley House 26 Barking has decreased by an estimated £2,453 (0.9%) and its rental value has increased by an estimated £76 per month (4.1%), giving an expected gross yield of 8.1%.
Flat 29, Pedley House 26, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2019.
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 29, Pedley House 26, Barking was last sold on 12th August 2019 for £254,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Pedley House 26, Barking within a radius of 410 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 46 addresses. According to our analysis of all the public data, Flat 29, Pedley House 26, Barking is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in IG11.
The nearest school is Riverside School which is 200 metres away. The nearest train station is Barking Riverside which is 500 metres away.
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