Flat 63, Cromwell Lodge
Flat 63, Cromwell Lodge
Description & Estimates
Flat 63, Cromwell Lodge, Barking appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 556 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 63, Cromwell Lodge, Barking is £135,970 and its rental estimate is £997 per month, given the available information and assuming reasonable condition.
Cromwell Lodge, Longbridge Road is a residential building on Longbridge Road, Barking, IG11 and falls within the IG11 postal district and the borough of Redbridge.
Our Data Sources
Flat 63, Cromwell Lodge, Barking has 2 entries in the Land Registry , most recently in December 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 63, Cromwell Lodge, Barking, we estimate a market value of £142,769 and a rental value of £1,046 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,452 and £927 per month respectively.
Recent Market Change
Over the last year, Flat 63, Cromwell Lodge, Barking has seen its estimated sale value move down by £1,534 (1.1%) and its estimated rental value increase by £41 per month (4.1%). This results in an estimated gross rental yield of 8.8%.
Sold Prices
The most recent sale of Flat 63, Cromwell Lodge, Barking completed on 13th December 2019 at £138,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.9% over the period since December 2019.
- Sold Dec 2019£138,000
- Sold Jun 2013£97,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 63, Cromwell Lodge, Barking have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2024, was Flat 46, Cromwell Lodge, Longbridge Road, Barking, IG11 8UB, a leasehold flat which sold for £145,000.
Read more about house prices in IG11.
- Sold Oct 2024£145,000 | 2 Bed FlatCromwell Lodge, Longbridge RoadFlat 46, Cromwell Lodge, Longbridge Road, Barking, IG11 8UB
- Sold Aug 2022£130,000 | 2 Bed FlatCromwell Lodge, Longbridge RoadFlat 21, Cromwell Lodge, Longbridge Road, Barking, IG11 8UB
- Sold Nov 2017£120,000 | 2 Bed FlatCromwell Lodge, Longbridge RoadFlat 12, Cromwell Lodge, Longbridge Road, Barking, IG11 8UB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 861 addresses on Longbridge Road, Barking, IG11, Flat 63, Cromwell Lodge, Barking comes out as the 617th largest and the 803rd most expensive in our analysis of the public data.
It is also £196k less expensive than the average property across the IG11 district.
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Schools Nearby
- 600mManor Junior School
- 600mManor Primary School
- 900mWoodlands Primary School
- 600mBarking Abbey School, A Specialist Sports and Humanities College
- 1.8kmGreatfields School
More reading links
Public Transport Nearby
From Flat 63, Cromwell Lodge, Barking, the nearest station is Upney, 1.0 kilometres away.
- 1.0kmUpney
- 1.3kmBarking
- 1.9kmSeven Kings
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
