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House Prices in IG11

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 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.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Dawson Gardens, Barking, Greater London, IG11 9QH	£525,000	£520,000	-£5,000	08 Feb 2024	19 Jul 2024	162 Days
476 Ripple Road, Barking, Greater London, IG11 9RY	£750,000	£324,765	-£425,235	10 Jul 2023	28 Jun 2024	354 Days
136 Bradfield Drive, Barking, Greater London, IG11 9AS	£425,000	£425,000	£00	06 Feb 2024	27 Jun 2024	142 Days
289 Longbridge Road, Barking, Greater London, IG11 9DJ	£260,000	£253,000	-£7,000	18 Jan 2024	19 Jun 2024	153 Days
89 St Anns, Barking, Greater London, IG11 7AD	£300,000	£295,000	-£5,000	26 Feb 2024	17 May 2024	81 Days
4 Endeavour Way, Barking, Greater London, IG11 0PF	£385,000	£380,000	-£5,000	26 Dec 2023	17 May 2024	143 Days
174 Blake Avenue, Barking, Greater London, IG11 9SD	£275,000	£275,000	£00	07 Oct 2023	22 Apr 2024	198 Days
161 Westrow Drive, Barking, Greater London, IG11 9BW	£595,000	£585,000	-£10,000	19 Jan 2024	19 Apr 2024	91 Days
121 Gurney Close, Barking, Greater London, IG11 8JY	£250,000	£250,000	£00	24 Jan 2024	15 Apr 2024	82 Days
464 Longbridge Road, Barking, Greater London, IG11 9EA	£220,000	£213,500	-£6,500	17 Jun 2023	12 Apr 2024	300 Days
171 Salisbury Avenue, Barking, Greater London, IG11 9XS	£475,000	£455,000	-£20,000	21 Sep 2023	10 Apr 2024	202 Days
75 Lyndhurst Gardens, Barking, Greater London, IG11 9YA	£495,000	£470,000	-£25,000	10 Oct 2023	03 Apr 2024	176 Days
47 Wedderburn Road, Barking, Greater London, IG11 7XF	£385,000	£365,000	-£20,000	14 Aug 2023	28 Mar 2024	227 Days
4 Stratton Drive, Barking, Greater London, IG11 9HJ	£550,000	£540,000	-£10,000	26 Dec 2023	28 Mar 2024	93 Days
12 Beccles Drive, Barking, Greater London, IG11 9HX	£750,000	£720,000	-£30,000	22 Jan 2024	28 Mar 2024	66 Days
38 Bradfield Drive, Barking, Greater London, IG11 9AR	£250,000	£250,000	£00	31 Oct 2023	20 Mar 2024	141 Days
145 Wilmington Gardens, Barking, Greater London, IG11 9TT	£475,000	£440,000	-£35,000	21 Jul 2023	15 Mar 2024	238 Days
Flat 40, Crick Court, Spring Place, Barking, Greater London, IG11 7GN	£315,000	£275,000	-£40,000	08 Dec 2020	29 Feb 2024	1178 Days
49 Sheringham Drive, Barking, Greater London, IG11 9AL	£550,000	£535,000	-£15,000	14 Aug 2023	09 Feb 2024	179 Days
177a, Wilmington Gardens, Barking, Greater London, IG11 9TT	£450,000	£440,000	-£10,000	22 Jun 2023	07 Feb 2024	230 Days

Most Expensive Streets in IG11 (Barking)

Postcode	Street	Area	Average	No. of Sales
IG11 9LD	Upney Lane	Barking	£681,000	5
IG11 9HX	Beccles Drive	Barking	£651,000	9
IG11 9HS	Melford Avenue	Barking	£598,333	3
IG11 9BJ	Westrow Drive	Barking	£591,000	4
IG11 9LR	Upney Lane	Barking	£588,750	4
IG11 9BN	Westrow Drive	Barking	£577,142	7
IG11 9BS	Westrow Drive	Barking	£573,750	4
IG11 9AA	Sandringham Road	Barking	£570,000	3
IG11 9HR	Melford Avenue	Barking	£570,000	3
IG11 9HD	Stratton Drive	Barking	£568,250	4

Least Expensive Streets in IG11 (Barking)

Postcode	Street	Area	Average	No. of Sales
IG11 0YG	Fielders Crescent	Barking	£92,125	4
IG11 8UB	Cromwell Lodge, Longbridge Road	Barking	£116,466	15
IG11 0PQ	Law House, Maybury Road	Barking	£147,333	3
IG11 8TQ	Witney Chambers, Fanshawe Avenue	Barking	£186,666	3
IG11 8LD	Gurney Close	Barking	£190,000	4
IG11 8RG	Fanshawe Avenue	Barking	£192,000	3
IG11 9XE	Greenslade Road	Barking	£195,272	11
IG11 7BB	Benedicts Wharf, Highbridge Road	Barking	£195,666	3
IG11 7PL	Westbury Road	Barking	£198,000	3
IG11 9TY	Thornhill Gardens	Barking	£199,666	3