Flat 301, Schrier Ropeworks, 1 Arboretum Place, Barking, IG11 7GU is a leasehold flat built between 2003-2006. The property offers approximately 495 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £269,621 , which equates to approximately £545 per square foot. It was last sold on 6 Nov 2014 for £169,995. Since then, the value has increased by £99,626, representing a 58.6% increase, or approximately 5.3% per year.

The current estimated value of £269,621 is:

  • 9.9% lower than the average property price on Arboretum Place
  • 2.3% lower than the average in the IG11 7GU postcode area
  • and 42.4% lower than the average price for Barking as a whole

At the most recent EPC inspection on 5 May 2022, the property was recorded as rented.

View sold house prices in IG11 7GU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£269,621
Price Per sq ft (estimate)
£545
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 301, Schrier Ropeworks, 1 Arboretum Place, Barking, Barking And Dagenham, Greater London, IG11 7GU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 May 2022.

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

The previous EPC assessment was conducted on 21 May 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 8.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 23% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG11 7GU

65 th / 89
Price Rank
2% lower than average
36 th / 88
Size Rank
1% smaller than average
80 th / 88
Price Per Sq FT Rank
1% lower than average

Compared to other properties in IG11 7GU , this flat's estimated value ranks 65th out of 89. Based on price per square foot, it ranks 80th 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 36th out of 88 properties in its postcode area.

Sale History

Today
£269,621
streetscan.co.uk estimate
+59 %
6 Nov 2014
£169,995
Leasehold
+4.3 %
4 Oct 2007
£163,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £170,000
sale date: 30 Aug 2024
rooms: 2
size: 527 sq ft
sale price: £225,000
sale date: 11 Jan 2019
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
rooms: 2
size: 474 sq ft
sale price: £203,500
sale date: 23 Mar 2016

Data Sources

The property at Flat 301, Schrier Ropeworks, 1 Arboretum Place, Barking, IG11 7GU appears two times in the Land Registry records, with the latest transaction recorded on 6 Nov 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 May 2022. 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.