House prices in IG11 8 (Barking)

This article reveals price per square metre data and various charts to help you understand current housing market in Barking (IG11 8).

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Defining 'IG11 8'

This analysis is limited to properties whose postcode starts with "IG11 8", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Barking.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Barking is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. Flat 31 Sixpenny Court, Tanner Street, Barking, sold for £261,000 on Feb-2024. Given the internal area of 57 square metres, the price per sqm is £4,578.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,150-£4,500, £4,500-£4,850, £4,850-£5,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 81 sales in Barking (IG11 8) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Barking (IG11 8). Of the 81 transactions, half were sold for between £3,470 and £4,800 per square metre. The median, or 'middle', price per square metre in 'IG11 8' is £4,330. Notably, only 25% of properties that sold recently were valued at more than £4,800 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Barking

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Barking. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Barking

Comparison with neighbouring postcode sectors

The table below shows how 'IG11 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
IG11 8 Barking	£3,470 sqm	£4,330 sqm	£4,800 sqm
IG11 0 Barking Riverside	£3,850 sqm	£4,340 sqm	£5,010 sqm
IG11 7 Barking	£4,090 sqm	£4,630 sqm	£5,060 sqm
IG11 9 Upney	£4,060 sqm	£4,630 sqm	£5,280 sqm

Will Barking house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for IG11 8 (Barking) compared with both the wider area IG11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Barking to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Barking and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Longbridge Road, Barking, IG11 8U	50 sqm	£2,868	21
Victoria Road, Barking, IG11 8P	80 sqm	£4,474	19
Gurney Close, Barking, IG11 8J	50 sqm	£4,827	16
Park Avenue, Barking, IG11 8Q	96 sqm	£4,545	15
Gurney Close, Barking, IG11 8L	49 sqm	£4,242	14
Harts Lane, Barking, IG11 8L	54 sqm	£3,262	11
Cowbridge Lane, Barking, IG11 8L	71 sqm	£3,639	10
Whiting Avenue, Barking, IG11 8J	64 sqm	£4,029	10

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Cambridge Road, Barking, IG11 8N	60 sqm	£4,315	24

Cambridge Road, Barking, IG11 8N has seen 24 new build sales in the last 4 years (average price £269,881). These new build homes typically have an internal area of 60 sqm, with an average price of £4,315 sqm. This £sqm average is £-15 below the average for IG11 8. New builds typically command a £ per sqm premium. In the case of Cambridge Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Barking is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
Flat 31 Sixpenny Court, Tanner St, Barking	£261,000 Feb-2024	57	4,578
Flat 39 Cromwell Lodge, Longbridge Rd, Barking	£160,000 Feb-2024	61	2,622
Flat 36 Central House, 14, Cambridge Rd, Barking	£135,000 Feb-2024	52	2,596

See the entire list of all sales in Barking (IG11 8) here.