House Prices in IG11 House Prices in IG11 (Barking)

The average house price in IG11 (Barking) is £356,000 using HM Land Registry data.

The average property price increased by £39,073 (15.55%) over the last 5 years and increased by £7,829 (2.52%) over the last 12 months.

Over the last year, there were 189 residential property sales – a decrease of 65 transactions (-34.39%) relative to the previous year. The majority of house sales (44) were in the £200,000 - £274,000 range. Then came properties in the £422,000 - £496,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-32,875 (-6%).

In Oct 24, there were 89 new estate agency instructions, 57 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in IG11 (Barking)

15.55%

Property prices in Barking increased by 15.55% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IG11 (Barking) Over the Last Year

2.52%

Property prices in Barking increased by 2.52% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for IG11 (Barking) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IG11 (Barking)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IG11 (Barking)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IG11 (Barking)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IG11 (Barking) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IG11 postcode area since 1995.

Recent Sales in IG11 (Barking)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Dawson Gardens, Barking, Greater London, IG11 9QH£525,000£520,000-£5,00008 Feb 202419 Jul 2024162 Days
476 Ripple Road, Barking, Greater London, IG11 9RY£750,000£324,765-£425,23510 Jul 202328 Jun 2024354 Days
136 Bradfield Drive, Barking, Greater London, IG11 9AS£425,000£425,000£0006 Feb 202427 Jun 2024142 Days
289 Longbridge Road, Barking, Greater London, IG11 9DJ£260,000£253,000-£7,00018 Jan 202419 Jun 2024153 Days
89 St Anns, Barking, Greater London, IG11 7AD£300,000£295,000-£5,00026 Feb 202417 May 202481 Days
4 Endeavour Way, Barking, Greater London, IG11 0PF£385,000£380,000-£5,00026 Dec 202317 May 2024143 Days
174 Blake Avenue, Barking, Greater London, IG11 9SD£275,000£275,000£0007 Oct 202322 Apr 2024198 Days
161 Westrow Drive, Barking, Greater London, IG11 9BW£595,000£585,000-£10,00019 Jan 202419 Apr 202491 Days
121 Gurney Close, Barking, Greater London, IG11 8JY£250,000£250,000£0024 Jan 202415 Apr 202482 Days
464 Longbridge Road, Barking, Greater London, IG11 9EA£220,000£213,500-£6,50017 Jun 202312 Apr 2024300 Days
171 Salisbury Avenue, Barking, Greater London, IG11 9XS£475,000£455,000-£20,00021 Sep 202310 Apr 2024202 Days
75 Lyndhurst Gardens, Barking, Greater London, IG11 9YA£495,000£470,000-£25,00010 Oct 202303 Apr 2024176 Days
47 Wedderburn Road, Barking, Greater London, IG11 7XF£385,000£365,000-£20,00014 Aug 202328 Mar 2024227 Days
4 Stratton Drive, Barking, Greater London, IG11 9HJ£550,000£540,000-£10,00026 Dec 202328 Mar 202493 Days
12 Beccles Drive, Barking, Greater London, IG11 9HX£750,000£720,000-£30,00022 Jan 202428 Mar 202466 Days
38 Bradfield Drive, Barking, Greater London, IG11 9AR£250,000£250,000£0031 Oct 202320 Mar 2024141 Days
145 Wilmington Gardens, Barking, Greater London, IG11 9TT£475,000£440,000-£35,00021 Jul 202315 Mar 2024238 Days
Flat 40, Crick Court, Spring Place, Barking, Greater London, IG11 7GN£315,000£275,000-£40,00008 Dec 202029 Feb 20241178 Days
49 Sheringham Drive, Barking, Greater London, IG11 9AL£550,000£535,000-£15,00014 Aug 202309 Feb 2024179 Days
177a, Wilmington Gardens, Barking, Greater London, IG11 9TT£450,000£440,000-£10,00022 Jun 202307 Feb 2024230 Days

Most Expensive Streets in IG11 (Barking)

PostcodeStreetAreaAverageNo. of Sales
IG11 9LDUpney LaneBarking£681,0005
IG11 9HXBeccles DriveBarking£651,0009
IG11 9HSMelford AvenueBarking£598,3333
IG11 9BJWestrow DriveBarking£591,0004
IG11 9LRUpney LaneBarking£588,7504
IG11 9BNWestrow DriveBarking£577,1427
IG11 9BSWestrow DriveBarking£573,7504
IG11 9AASandringham RoadBarking£570,0003
IG11 9HRMelford AvenueBarking£570,0003
IG11 9HDStratton DriveBarking£568,2504

Least Expensive Streets in IG11 (Barking)

PostcodeStreetAreaAverageNo. of Sales
IG11 0YGFielders CrescentBarking£92,1254
IG11 8UBCromwell Lodge, Longbridge RoadBarking£116,46615
IG11 0PQLaw House, Maybury RoadBarking£147,3333
IG11 8TQWitney Chambers, Fanshawe AvenueBarking£186,6663
IG11 8LDGurney CloseBarking£190,0004
IG11 8RGFanshawe AvenueBarking£192,0003
IG11 9XEGreenslade RoadBarking£195,27211
IG11 7BBBenedicts Wharf, Highbridge RoadBarking£195,6663
IG11 7PLWestbury RoadBarking£198,0003
IG11 9TYThornhill GardensBarking£199,6663

Explore IG11 (Barking) using map