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According to the public record, Flat 7, Pedley House 6, 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 7, Pedley House 6, 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 7, Pedley House 6, Barking has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated June 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 7, Pedley House 6, 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 7 Pedley House 6 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 7, Pedley House 6, Barking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jun 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 7, Pedley House 6, Barking was last sold on 27th September 2019 for £251,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Pedley House 6, Barking within a radius of 410 metres over the last 2 years.
The most recent example is Flat 24, Pedley House 26, Ripplegate Walk, Barking, IG11 0YB, a leasehold flat which sold for £240,000 on the 23rd August 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 7, Pedley House 6, Barking is the 37th largest and the 37th 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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