L&Q says ..
Purpose built apartment at Benedicts Wharf Shared Ownership also available at a 30% share at £63,000
Property Oracle says ..
The property is a one-bedroom, one-bathroom apartment located in Barking, East London. The apartment is situated in a modern development and benefits from access to a balcony overlooking a waterway. The interior is presented in good condition, with modern fixtures and fittings in the kitchen and bathroom. The flooring appears to be modern laminate throughout. The property’s size is 506 sqft, which is smaller than the average for the area (717 sqft). The lack of a garden is noteworthy. The location is near Barking station (c2c line), offering good transport links. Several schools are within a reasonable distance, although specific details about their quality are limited. The proximity to the river may be appealing to some buyers, while others might prefer a more central location. Considering the average price per sqft in the area (£462) and the property’s size, a reasonable price might be in the region of £234,000. The listed price of £210,000 is below this estimate, suggesting it could represent good value, particularly considering the modern condition of the apartment. However, the lack of plot size and smaller than average size should be considered.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 506.00
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Metrics Year-on-Year
- Average area value
- 340,192.00 £Increased by 11.09 %
- Est sale value
- 239,844.00 £Increased by 21.54 %
- Average area rental value
- 1,828.00 £/moDecreased by 3.02 %
- Est letting value
- 1,012.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.45 %Decreased by 12.72 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
L&Q created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Margarets Cofe Primary School | Academy Converter | Good | 0.32 KM |
| St Joseph'S Catholic Primary School | Academy Converter | 0.39 KM | |
| Langdon Academy | Academy Sponsor Led | Good | 0.56 KM |
| Northstar New School | Other Independent Special School | Good | 0.61 KM |
| Abbey Children'S Centre | Children's Centre | 0.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Abbey Road | £ 0 | 0 | 0.00 KM |
| West Bank | £ 0 | 0 | 0.00 KM |
| Rope Walk | £ 0 | 0 | 0.00 KM |
| London Road | £ 0 | 0 | 0.00 KM |
| William Street | £ 240,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Barking | 7492 | BKG | 0.98 KM |
| Ilford | 6881 | IFD | 2.76 KM |
| Manor Park | 6883 | MNP | 3.60 KM |
| Woodgrange Park | 7467 | WGR | 3.60 KM |
| Seven Kings | 6893 | SVK | 4.19 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Highbridge Road, Barking, IG11 7BB | £ 210,000 | BUY | 6 / 10 | 0.00 KM |
| Abbey Wharf, Barking, London, IG11 | £ 300,000 | BUY | 6 / 10 | 0.12 KM |
| Abbey Wharf, Barking, London, IG11 | £ 75,000 | BUY | 6 / 10 | 0.12 KM |
| Abbey Wharf, Barking, London, IG11 | £ 100,000 | BUY | 6 / 10 | 0.13 KM |
| Abbey Wharf, Barking, London, IG11 | £ 400,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 62 London Road | £ 155,000 | 0.36 KM |
| 120 London Road | £ 138,000 | 0.36 KM |
| 76 Whiting Avenue | £ 335,000 | 0.38 KM |
| 20 Linsdell Road | £ 92,000 | 0.38 KM |
| 13 Linsdell Road | £ 135,000 | 0.38 KM |