Flat 201, Schrier Ropeworks, 1 Arboretum Place, Barking, IG11 7GU is a leasehold flat built in 2012 onwards. The property offers approximately 527 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £261,156 , which equates to approximately £495 per square foot. It was last sold on 11 Jan 2019 for £225,000. Since then, the value has increased by £36,156, representing a 16.1% increase, or approximately 2.3% per year.

The current estimated value of £261,156 is:

  • 12.7% lower than the average property price on Arboretum Place
  • 5.4% lower than the average in the IG11 7GU postcode area
  • and 44.2% lower than the average price for Barking as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 22 November 2023, the property was recorded as rented.

View sold house prices in IG11 7GU

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£261,156
Price Per sq ft (estimate)
£495
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 201, Schrier Ropeworks, 1 Arboretum Place, Barking, Barking And Dagenham, Greater London, IG11 7GU has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 22 Nov 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Mar 2011, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 39%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency changing from very good to average, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG11 7GU

55 th / 89
Price Rank
5% lower than average
35 th / 88
Size Rank
5% bigger than average
82 nd / 88
Price Per Sq FT Rank
10% lower than average

Compared to other properties in IG11 7GU , this flat's estimated value ranks 55th out of 89. Based on price per square foot, it ranks 82th out of 88 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 35th out of 88 properties in its postcode area.

Sale History

Today
£261,156
streetscan.co.uk estimate
+16 %
11 Jan 2019
£225,000
Leasehold
+36.4 %
9 Oct 2007
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £170,000
sale date: 30 Aug 2024
rooms: 3
size: 581 sq ft
sale price: £221,000
sale date: 18 Apr 2019
rooms: 3
size: 603 sq ft
sale price: £250,000
sale date: 4 Apr 2016
rooms: 2
size: 474 sq ft
sale price: £225,000
sale date: 31 Mar 2016
rooms: 2
size: 463 sq ft
sale price: £173,000
sale date: 24 Mar 2016

Data Sources

The property at Flat 201, Schrier Ropeworks, 1 Arboretum Place, Barking, IG11 7GU appears two times in the Land Registry records, with the latest transaction recorded on 11 Jan 2019. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Nov 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.