Flat 417, Schrier Ropeworks, 1 Arboretum Place, Barking, IG11 7GU is a leasehold flat built between 2007-2011. The property offers approximately 624 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £360,952 , which equates to approximately £578 per square foot. It was last sold on 10 Jul 2015 for £247,500. Since then, the value has increased by £113,452, representing a 45.8% increase, or approximately 4.4% per year.

The current estimated value of £360,952 is:

  • 20.7% higher than the average property price on Arboretum Place
  • 30.7% higher than the average in the IG11 7GU postcode area
  • and 22.9% lower than the average price for Barking as a whole

At the most recent EPC inspection on 7 February 2022, the property was recorded as owner-occupied.

View sold house prices in IG11 7GU

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£360,952
Price Per sq ft (estimate)
£578
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 417, 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 7 Feb 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 8 Mar 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to 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 67% of fixed outlets
Good

Compared to IG11 7GU

9 th / 89
Price Rank
31% higher than average
13 th / 88
Size Rank
24% bigger than average
63 rd / 88
Price Per Sq FT Rank
5% higher than average

Compared to other properties in IG11 7GU , this flat's estimated value ranks 9th out of 89. Based on price per square foot, it ranks 63th 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 13th out of 88 properties in its postcode area.

Sale History

Today
£360,952
streetscan.co.uk estimate
+46 %
10 Jul 2015
£247,500
Leasehold
+8.6 %
26 Oct 2007
£228,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £221,000
sale date: 18 Apr 2019
rooms: 2
size: 657 sq ft
sale price: £268,000
sale date: 12 Oct 2018
rooms: 3
size: 646 sq ft
sale price: £285,000
sale date: 14 Jun 2018
rooms: 3
size: 614 sq ft
sale price: £283,000
sale date: 8 Nov 2017
rooms: 3
size: 618 sq ft
sale price: £281,500
sale date: 16 Sep 2016

Data Sources

The property at Flat 417, Schrier Ropeworks, 1 Arboretum Place, Barking, IG11 7GU appears two times in the Land Registry records, with the latest transaction recorded on 10 Jul 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Feb 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.


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