Is This the Moment to Think About Investing in Property in Barking and Dagenham?

Barking and Dagenham, located in East London, has undergone significant transformation in recent years. Once known predominantly for its industrial heritage, the area is now emerging as a promising destination for property investment. With ongoing regeneration efforts, improved transport links and a vibrant community atmosphere, it raises the question: Is this the moment to think about investing in property in Barking and Dagenham? In this blog, we will explore the investment potential and key details about the area and its neighbourhoods.

Overview of Barking and Dagenham

Barking and Dagenham is a borough that boasts rich history and cultural diversity. The area features a mix of urban living, green spaces and heritage sites, making it an attractive choice for families, professionals and students alike. The borough has a population of over 200,000 and is home to various amenities, including parks, schools, shopping centres and local attractions.

Ongoing Regeneration and Development

One of the most compelling reasons to consider investing in property in Barking and Dagenham is the ongoing regeneration and development taking place in the area. The Barking Riverside Development is a significant project that aims to create thousands of new homes along the river Thames, complete with parks, schools and retail spaces. This ambitious plan, expected to create over 10,000 homes and improve local public transport links, demonstrates the long-term vision for the area.

Additionally, the town centre of Barking is undergoing revitalisation, with investments in infrastructure to enhance shopping and public spaces. These developments not only improve the quality of life for residents but also increase the attractiveness of the borough to potential homebuyers and investors.

Growing Investment Potential

Barking and Dagenham’s housing market has shown promising trends, making it an attractive option for property investors. Historically, the borough has offered lower property prices compared to neighbouring areas like Redbridge and Waltham Forest, which creates a compelling entry point for new investors. Recent trends indicate that property values in Barking and Dagenham are rising as demand increases, driven partly by London’s expanding population and affordability pressures.

The area’s affordability makes it an excellent destination for first-time buyers and investors looking for buy-to-let opportunities. With an abundance of two- and three-bedroom homes, Barking and Dagenham caters to families and young professionals seeking more space without the high costs associated with central London living.

Local Amenities and Transport Links

Investing in property is not only about the homes themselves but also about the quality of life that residents can expect. Barking and Dagenham boasts several local amenities that enhance its appeal. The borough is home to numerous parks and green spaces, including the popular Barking Park and Central Park, where residents can enjoy outdoor recreational activities and community events.

Shopping opportunities are also plentiful. Barking has a thriving town centre with a mix of high street retailers, independent shops and a variety of dining options. The nearby Westfield Stratford City, a short journey away, offers an even wider range of retail experiences.

Affordability is complemented by excellent transport links. Barking is served by the London Underground (the District and Hammersmith & City lines) and the London Overground, providing direct services to central London. The town is also well-connected via the A13 road, making commuting convenient for those working in the city. Dagenham East and Dagenham Dock stations on the c2c line further enhance connectivity, allowing easy access to the city and Essex.

Neighbourhoods in Barking and Dagenham

Each neighbourhood within Barking and Dagenham offers distinct characteristics, catering to a range of lifestyles and preferences:

Barking

Barking is the administrative centre of the borough and offers a mix of residential and commercial properties. The area boasts a vibrant town centre with shopping, dining and cultural attractions. The Barking Town Hall and the Abbey Ruins showcase the rich history of the area. With several parks and schools nearby, it is particularly appealing to families.

Dagenham

Dagenham is primarily a residential area characterised by spacious homes and community amenities. This neighbourhood features excellent local schools, parks and shopping facilities, making it attractive for families. Dagenham has historically been known for its industrial heritage, but ongoing regeneration projects are gradually transforming it into a vibrant, modern community.

Chadwell Heath

Chadwell Heath is a predominantly residential area with a mix of housing types ranging from Victorian homes to modern developments. With its own railway station providing access to central London, it is popular among commuters. The well-kept parks and community facilities enhance its appeal to families and individuals alike.

Becontree

Becontree is known for its affordable housing and diverse community. It features a range of amenities, including local shops, schools and parks. The area has a strong community spirit and a rich history. Its proximity to transport links makes it convenient for those commuting to London.

The Future of Barking and Dagenham

As London continues to grow, the demand for affordable housing will only increase. Barking and Dagenham, with its ongoing transformation and regeneration efforts, is well-positioned to meet this demand. The investment potential in the borough is expected to rise as more people seek properties that offer the balance of affordability and a quality lifestyle.

In conclusion, now may indeed be the moment to consider investing in property in Barking and Dagenham. With its ongoing regeneration, rising property values, local amenities, and strong transport links, the area offers a compelling opportunity for both new and experienced investors. As the borough continues to evolve, those who invest now could reap the benefits of a thriving property market in the years to come. Whether you’re contemplating buy-to-let investments or searching for your dream home, Barking and Dagenham could be worth your consideration.

As with any investment decision, when buying a property it’s vital that you do your homework carefully. As well as fully researching the location and market that you are looking to buy in, it’s vital that you seek advice of experts, including surveyors and financial advisors. Alexander JLO, its Partners and employees cannot provide specific advice on choice of location or the market but can advise on all matters legal once you have made a decision to buy a property.

If you are looking for a first rate conveyancing service why not give one of Alexander JLO’s specialist property lawyers a call on 020 7537 7000, click on the get a quote button or email quote@london-law.co.uk for a free, no-obligation quotation? Come and see what we can do for you.

This blog was prepared by Alexander JLO’s property partner Matt Johnson on 1st May 2025 and is correct at the date of publication. Matt has many years of experience of dealing with property work and specialises in new build and shared ownership properties.  His profile on the independent Review Solicitor website and be found here