Barking House Prices Barking House Prices

The average house price in Barking is £433,125 using HM Land Registry data.

The average property price increased by £55,144 (16.79%) over the last 5 years and increased by £11,021 (2.96%) over the last 12 months.

Over the last year, there were 248 residential property sales – a decrease of 166 transactions (-66.94%) relative to the previous year. The majority of house sales (52) were in the £210,000 - £282,000 range. Then came properties in the £354,000 - £426,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,446 (-4%).

In April 2024, there were 76 new estate agency instructions, 33 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in Barking

16.79%

Property prices in Barking increased by 16.79% 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 Barking Over the Last Year

2.96%

Property prices in Barking increased by 2.96% 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 Barking - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Barking since 1995

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

Recent Property Sales in Barking

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
45 Roycraft Avenue, Barking, Greater London, IG11 0NR£475,000£450,000-£25,00022 Aug 202308 Dec 2023108 Days
60 Lambourne Road, Barking, Greater London, IG11 9PS£450,000£440,000-£10,00024 Apr 202330 Nov 2023220 Days
Flat 13, Skipper Court, Abbey Road, Barking, Greater London, IG11 7GW£275,000£265,000-£10,00017 Apr 202328 Nov 2023225 Days
261 Salisbury Avenue, Barking, Greater London, IG11 9XX£475,000£465,000-£10,00013 Jun 202322 Nov 2023162 Days
60 Cooke Street, Barking, Greater London, IG11 7AF£330,000£301,000-£29,00019 Jun 202316 Nov 2023150 Days
61 Beccles Drive, Barking, Greater London, IG11 9HX£600,000£575,000-£25,00001 Nov 202213 Nov 2023377 Days
141 Movers Lane, Barking, Greater London, IG11 7UG£580,000£450,000-£130,00022 Nov 202210 Nov 2023353 Days
83 Meadow Road, Barking, Greater London, IG11 9QP£450,000£430,000-£20,00022 Aug 202303 Nov 202373 Days
114 Maybury Road, Barking, Greater London, IG11 0PN£200,000£200,000£0015 Sep 202301 Nov 202347 Days
3 Ventnor Gardens, Barking, Greater London, IG11 9JY£525,000£505,000-£20,00027 Jun 202331 Oct 2023126 Days
11 Westrow Drive, Barking, Greater London, IG11 9BH£800,000£770,000-£30,00017 Jan 202327 Oct 2023283 Days
52 Westminster Gardens, Barking, Greater London, IG11 0BJ£475,000£475,000£0003 Aug 202323 Oct 202381 Days
198 Morley Road, Barking, Greater London, IG11 7DL£245,000£244,000-£1,00015 Jun 202323 Oct 2023130 Days
66 Gurney Close, Barking, Greater London, IG11 8JX£250,000£243,000-£7,00010 Mar 202319 Oct 2023223 Days
5 Greenslade Road, Barking, Greater London, IG11 9XE£200,000£180,000-£20,00013 Jun 202313 Oct 2023122 Days
42 Netherfield Gardens, Barking, Greater London, IG11 9TL£550,000£525,000-£25,00016 May 202313 Oct 2023150 Days
35 Lyndhurst Gardens, Barking, Greater London, IG11 9YB£650,000£600,000-£50,00031 May 202313 Oct 2023135 Days
84 Stratton Drive, Barking, Greater London, IG11 9HD£585,000£575,000-£10,00014 Jun 202306 Oct 2023114 Days
12 Dereham Road, Barking, Greater London, IG11 9HA£520,000£505,000-£15,00014 Apr 202322 Sep 2023161 Days
34 Hulse Avenue, Barking, Greater London, IG11 9UW£650,000£640,000-£10,00014 Mar 202322 Sep 2023192 Days

Most Expensive Streets in Barking

PostcodeStreetAreaAverageNo. of Sales
IG11 9LDUpney LaneBarking£659,2857
IG11 9HXBeccles DriveBarking£646,0009
IG11 9HSMelford AvenueBarking£598,3333
IG11 9BJWestrow DriveBarking£591,0004
IG11 9LRUpney LaneBarking£588,7504
IG11 9ESWoodbridge RoadBarking£582,5006
IG11 9BSWestrow DriveBarking£575,0003
IG11 9BNWestrow DriveBarking£573,3336
IG11 9AASandringham RoadBarking£570,0003
IG11 9ADSandringham RoadBarking£569,0003

Least Expensive Streets in Barking

PostcodeStreetAreaAverageNo. of Sales
IG11 0YGFielders CrescentBarking£95,3333
IG11 0PQLaw HouseMaybury Road£147,3333
IG11 7RZOrvis Court 12Mizzen Street, Barking£178,2184
IG11 8TQWitney ChambersFanshawe Avenue£186,0003
IG11 8RGFanshawe AvenueBarking£192,0003
IG11 8LDGurney CloseBarking£193,0005
IG11 9TYThornhill GardensBarking£193,4005
IG11 7AFCooke StreetBarking£195,69510
IG11 9XEGreenslade RoadBarking£196,08312
IG11 9SGBlake AvenueBarking£196,5624

Explore Barking and Neighbouring Area House Prices