According to the public record, 19 Vanacker Court, Erith is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Vanacker Court, Larner Road, Erith, DA8.
Larner Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
19 Vanacker Court, Erith has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated March 2017.
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 19 Vanacker Court Erith as £285,492 and the rental value as £1,534 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 19 Vanacker Court Erith has increased by £6,980 (2.4%) and its rental value has increased by £109 per month (7.1%).
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 19 Vanacker Court, Erith is in very good condition we estimate a sale value of £299,767 and rental value of £1,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,508 and a rental value of £1,427 per month.
If you were able to purchase this property for the estimated value of £285,492, 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, 19 Vanacker Court, Erith was last sold on 22 Jul 2022 for £276,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19 Vanacker Court, Erith within a radius of 440 metres over the last 2 years.
The most recent example is 21 Vanacker Court, Larner Road, Erith, DA8 3FL, a Leasehold flat which sold for £285,000 in May 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larner Road, Erith, DA8 has a total of 103 addresses. According to our analysis of all the public data, 19 Vanacker Court, Erith is the 30th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in DA8.
19 Vanacker Court, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 19 Vanacker Court, Erith is Erith station which is 800 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 19 Vanacker Court, Erith, 44.4% of property is privately owned with a mortgage and 25.3% is shared ownership.
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 19 Vanacker Court, Erith, 20.3% of residents are recorded as possessing school level qualifications and 54.5% 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 19 Vanacker Court, 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 19 Vanacker Court, 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 19 Vanacker Court, Erith, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.