Barking House Prices, London
Barking is an area, located in the borough Barking and Dagenham.
Barking House Prices
As of June, 2024, the average house prices in Barking are as follows:
- studio – £425,000 (0%)
- 1 bedroom flat – £225,000 (-0.78%)
- 2 bedroom flat – £300,000 (-1.13%)
- 3 bedroom flat – £460,000 (0.39%)
- 4 bedroom flat – £562,500 (1.49%)
- 5 bedroom flat – £650,000 (-1.1%)
Keep in mind that these are simply the average rates for Barking house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Barking, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Barking house price is £345,250, high by 0.13% as of £344,800 in May, 2024.
- Currently, there are 276 houses for sale and an average of 14 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Barking house prices.
Barking House Prices Growth
The average house price in Barking over the last 5 years is as follows:
- 2019-06 – £305,860
- 2020-06 – £317,342 (3.75%)
- 2021-06 – £328,507 (3.52%)
- 2022-06 – £331,682 (0.97%)
- 2023-06 – £345,381 (4.13%)
- 2024-06 – £352,980 (2.2%)
Sold house prices in Barking have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 15%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Barking house prices, it’s also wise to keep an eye on house rent prices in Barking. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Barking.