According to the public record, 2 Daisy Court, Erith is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Daisy Court, Belmont Road, Erith, DA8.
Belmont Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
2 Daisy Court, Erith has 2 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated October 2023.
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 2 Daisy Court Erith as £240,806 and the rental value as £1,339 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 2 Daisy Court Erith has increased by £3,480 (1.4%) and its rental value has increased by £81 per month (6.0%).
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 2 Daisy Court, Erith is in very good condition we estimate a sale value of £252,847 and rental value of £1,406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,950 and a rental value of £1,245 per month.
If you were able to purchase this property for the estimated value of £240,806, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,183 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, 2 Daisy Court, Erith was last sold on 10 May 2024 for £240,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Daisy Court, Erith within a radius of 450 metres over the last 2 years.
The most recent example is 3 Daisy Court, Belmont Road, Erith, DA8 1LB, a Leasehold flat which sold for £250,500 in Dec 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belmont Road, Erith, DA8 has a total of 219 addresses. According to our analysis of all the public data, 2 Daisy Court, Erith is the 202nd largest and the 188th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in DA8.
2 Daisy Court, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2 Daisy Court, Erith is Barnehurst station which is 900 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 2 Daisy Court, Erith, 40.4% of property is socially rented and 24.8% 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 2 Daisy Court, Erith, 23.5% of residents are recorded as possessing school level qualifications and 27.4% 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 2 Daisy Court, Erith, the average age was 38.4 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 2 Daisy 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 2 Daisy Court, Erith, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.