According to the public record, 122, Chandlers Drive, Erith is a modern apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chandlers Drive, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
122, Chandlers Drive, Erith has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2018.
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 122 Chandlers Drive Erith as £210,177 and the rental value as £1,310 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 122 Chandlers Drive Erith has increased by £3,453 (1.6%) and its rental value has increased by £82 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 122, Chandlers Drive, Erith is in very good condition we estimate a sale value of £220,686 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,464 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £210,177, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,033 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, 122, Chandlers Drive, Erith was last sold on 04 Jul 1997 for £44,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 122, Chandlers Drive, Erith within a radius of 610 metres over the last 2 years.
The most recent example is 22, Chandlers Drive, Erith, DA8 1LL, a Leasehold flat which sold for £205,000 in Dec 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chandlers Drive, Erith, DA8 has a total of 172 addresses. According to our analysis of all the public data, 122, Chandlers Drive, Erith is the 57th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in DA8.
122, Chandlers Drive, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2018.
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 122, Chandlers Drive, Erith is Erith station which is 500 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 122, Chandlers Drive, Erith, 44.6% of property is privately rented and 31.5% 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 122, Chandlers Drive, Erith, 27.3% of residents are recorded as possessing school level qualifications and 44.2% 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 122, Chandlers Drive, Erith, the average age was 34.2 and the most common age was 7.
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 122, Chandlers Drive, 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 122, Chandlers Drive, 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.