According to the public record, 258, Frobisher Road, Erith is a mid-century leasehold apartment with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Frobisher Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
258, Frobisher Road, Erith has a single entry in the Land Registry database from August 2007 and a single entry in the EPC database dated December 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 258 Frobisher Road Erith as £111,355 and the rental value as £794 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 258 Frobisher Road Erith has increased by £2,134 (1.9%) and its rental value has increased by £52 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 258, Frobisher Road, Erith is in very good condition we estimate a sale value of £116,923 and rental value of £833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,561 and a rental value of £738 per month.
If you were able to purchase this property for the estimated value of £111,355, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £547 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, 258, Frobisher Road, Erith was last sold on 22 Aug 2007 for £67,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 58.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 258, Frobisher Road, Erith within a radius of 390 metres over the last 2 years.
The most recent example is 272, Frobisher Road, Erith, DA8 2PT, a Leasehold flat which sold for £94,000 in Jun 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frobisher Road, Erith, DA8 has a total of 287 addresses. According to our analysis of all the public data, 258, Frobisher Road, Erith is the 273rd largest and the 280th most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in DA8.
258, Frobisher Road, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Dec 2017.
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 258, Frobisher Road, Erith is Slade Green 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 258, Frobisher Road, Erith, 40.9% of property is privately rented and 31.5% is socially 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 258, Frobisher Road, Erith, 27.9% of residents are recorded as possessing school level qualifications and 38.3% 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 258, Frobisher Road, 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 258, Frobisher Road, 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 258, Frobisher Road, Erith, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.