Average Price for property in Barking Road, London, E16 is around £247,024 which varies based on type of property you are interested in and ranges from £426,477 for detached house to around £256,957 for terraced house. Similarly flat is around £246,030. Values have been changing and have risen £2,943 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,547 in last 6 months, £29,986 in last 1 year, £50,656 in last 2 years, £57,827 in last 3 years, £57,874 in last 4 years and £62,759 in last 5 years.
Currently average asking price of a property in Barking Road, London, E16 is around £450,938 based on approximately 2 properties for sale. Same is the case with rental options based on 501 properties up for rent, average asking rent is around £1,716 per month.
Estimated property value in Barking Road, London, E16 is £247,024. Average asking price is £450,938 while average price paid is £247,500 which is up by £29,986 and Avg. asking rent £1,716.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Barking Road, London, E16 area. In last 1 year alone average price buyer paid is around £247,500 based on approximately 2 sales in Barking Road, London, E16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £274,500. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £274,500 for 4 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £226,000 per sale.