According to the public record, 111, Erebus Drive, London is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Erebus Drive, London, SE28 is located in the borough of Greenwich within the SE28 postal district.
111, Erebus Drive, London has 21 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated April 2021.
We combine this information with that 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 111 Erebus Drive London as £285,374 and the rental value as £1,626 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 111 Erebus Drive London has increased by £5,873 (2.1%) and its rental value has increased by £103 per month (6.3%).
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 111, Erebus Drive, London is in very good condition we estimate a sale value of £299,642 and rental value of £1,708 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,397 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £285,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,403 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, 111, Erebus Drive, London was last sold on 15 Jul 2016 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111, Erebus Drive, London within a radius of 350 metres over the last 2 years.
The most recent example is 11 Wyatt Point, Erebus Drive, London, SE28 0GL, a Leasehold flat which sold for £235,000 in May 2024.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erebus Drive, London, SE28 has a total of 479 addresses. According to our analysis of all the public data, 111, Erebus Drive, London is the 361st largest and the 309th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in SE28.
111, Erebus Drive, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 111, Erebus Drive, London is Woolwich (Elizabeth line) station which is 700 metres 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 111, Erebus Drive, London, 50.5% of property is socially rented and 29.4% is privately rented.
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 111, Erebus Drive, London, 43.2% of residents are recorded as possessing school level qualifications and 29.0% 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 111, Erebus Drive, London, the average age was 35.2 and the most common age was 32.
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 111, Erebus Drive, London, 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 111, Erebus Drive, London, 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.