According to the public record, 44 Rosemary Court, Erith is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Rosemary Court, Furners Close, Erith, DA8.
Furners Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
44 Rosemary Court, Erith has a single entry in the Land Registry database from August 2018 and a single entry in the EPC database dated November 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 44 Rosemary Court Erith as £301,016 and the rental value as £1,530 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 44 Rosemary Court Erith has increased by £7,359 (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 44 Rosemary Court, Erith is in very good condition we estimate a sale value of £316,066 and rental value of £1,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,945 and a rental value of £1,423 per month.
If you were able to purchase this property for the estimated value of £301,016, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,479 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, 44 Rosemary Court, Erith was last sold on 24 Aug 2018 for £287,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44 Rosemary Court, Erith within a radius of 400 metres over the last 2 years.
The most recent example is 25 Beadle Place, Callender Road, Erith, DA8 3FE, a Leasehold flat which sold for £325,000 in Mar 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Furners Close, Erith, DA8 has a total of 51 addresses. According to our analysis of all the public data, 44 Rosemary Court, Erith is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in DA8.
44 Rosemary Court, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 44 Rosemary Court, Erith is Erith 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 44 Rosemary Court, Erith, 64.3% of property is socially rented and 14.3% 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 44 Rosemary Court, Erith, 35.7% 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 44 Rosemary 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 44 Rosemary 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 44 Rosemary 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.