Spring Place, Barking
HU

Spring Place, Barking

By Hunters

£ 265,000

Reviews

2 out of 5 stars

Hunters says ..

Welcome to this charming 2-bedroom apartment located in the heart of Barking. This property boasts a contemporary design within a purpose-built development, offering a comfortable and modern living space. As you step inside, you are greeted by a spacious lounge area that leads out to you...

Property Oracle says ..

This 2-bedroom, 1-bathroom flat in Spring Place, Barking, is situated in a purpose-built development. Its location offers good access to Barking station, with several primary schools nearby, which are beneficial for families. The property has a communal garden, but does not come with its own private garden. The provided images show a property that could benefit from some cosmetic improvements and minor maintenance to enhance its overall condition. There is evidence of wear and tear which might impact a buyer’s perception of the property. The flat is approximately 825 sq ft. A notable feature is its proximity to a cycle storage facility and communal area for residents. Pricing is similar to other 2-bedroom flats in this development and appears acceptable in the current market climate, although a higher price might be paid for a better condition or more luxurious property. Further investigation of nearby property pricing, using the precise square footage of the nearby properties, would be helpful to provide a more definitive analysis of the price justification. Overall, the property presents a reasonable investment opportunity for first-time buyers or investors seeking access to central London via the Barking overground line.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
825.27

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
340,192.00 £
Increased by 11.09 %
from 306,229.00 £
Est sale value
391,177.98 £
Increased by 21.54 %
from 321,855.30 £
Average area rental value
1,828.00 £/mo
Decreased by 3.02 %
from 1,885.00 £/mo
Est letting value
1,650.54 £/mo
Unchanged by 0.00 %
from 1,650.54 £/mo
Est rental Yield
6.45 %
Decreased by 12.72 %
from 7.39 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Hunters created the listing.

Nearby Schools

NameTypeOfstedDistance
Northstar New SchoolOther Independent Special SchoolGood0.18 KM
Gascoigne Primary SchoolCommunity SchoolGood0.47 KM
St Joseph'S Catholic Primary SchoolAcademy Converter0.48 KM
Gascoigne Children'S CentreChildren's Centre0.56 KM
St Margarets Cofe Primary SchoolAcademy ConverterGood0.75 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Rope Walk £ 000.00 KM
West Bank £ 000.00 KM
Abbey Road £ 000.00 KM
Tide Street £ 000.00 KM
London Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Barking7492BKG1.10 KM
Ilford6881IFD3.33 KM
Woodgrange Park7467WGR4.23 KM
Manor Park6883MNP4.24 KM
Seven Kings6893SVK4.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spring Place, Barking £ 265,000BUY5 / 100.00 KM
Fetherton Court, Spring Place, Barking, IG11 £ 290,000BUY5 / 100.01 KM
Brook Court, Barking, IG11 £ 260,000BUY5 / 100.03 KM
Runnel Court, Spring Place, Barking, IG11 £ 250,000BUY6 / 100.04 KM
Spring Place, BARKING £ 140,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
125 Abbey Road £ 299,9500.17 KM
127 Abbey Road £ 185,0000.17 KM
121 Abbey Road £ 100,0000.17 KM
133 Abbey Road £ 150,0000.17 KM
117 Abbey Road £ 49,7500.17 KM