According to the public record, 10, Mariners Walk, Erith is a modern apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Mariners Walk, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
10, Mariners Walk, Erith has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Mariners Walk Erith as £161,378 and the rental value as £1,124 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 10 Mariners Walk Erith has increased by £3,092 (1.9%) and its rental value has increased by £74 per month (6.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 10, Mariners Walk, Erith is in very good condition we estimate a sale value of £169,447 and rental value of £1,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,082 and a rental value of £1,046 per month.
If you were able to purchase this property for the estimated value of £161,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £793 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10, Mariners Walk, Erith was last sold on 31 May 2005 for £93,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Mariners Walk, Erith within a radius of 520 metres over the last 2 years.
The most recent example is 49, Cook Square, Erith, DA8 2PL, a Leasehold flat which sold for £175,000 in Sep 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mariners Walk, Erith, DA8 has a total of 39 addresses. According to our analysis of all the public data, 10, Mariners Walk, Erith is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in DA8.
10, Mariners Walk, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2021.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, electric.
The closest station to 10, Mariners Walk, Erith is Erith station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Mariners Walk, Erith, 33.8% of property is privately rented and 30.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 10, Mariners Walk, Erith, 30.6% of residents are recorded as possessing school level qualifications and 41.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Mariners Walk, Erith, the average age was 33.5 and the most common age was 12.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 10, Mariners Walk, Erith, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 10, Mariners Walk, Erith, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.