According to the public record, 49, Neptune Walk, Erith is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Neptune Walk, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
49, Neptune Walk, Erith has 21 entries in the Land Registry database, most recently in January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 49 Neptune Walk Erith as £176,819 and the rental value as £1,118 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 49 Neptune Walk Erith has increased by £3,290 (1.9%) and its rental value has increased by £73 per month (6.5%).
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 49, Neptune Walk, Erith is in very good condition we estimate a sale value of £185,660 and rental value of £1,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,442 and a rental value of £1,040 per month.
If you were able to purchase this property for the estimated value of £176,819, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £869 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, 49, Neptune Walk, Erith was last sold on 26 Jan 2006 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Neptune Walk, Erith within a radius of 610 metres over the last 2 years.
The most recent example is 81, Chandlers Drive, Erith, DA8 1LN, a Leasehold flat which sold for £160,000 in Nov 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Neptune Walk, Erith, DA8 has a total of 73 addresses. According to our analysis of all the public data, 49, Neptune Walk, Erith is the 45th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in DA8.
The closest station to 49, Neptune Walk, 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 49, Neptune Walk, Erith, 45.2% of property is privately rented and 27.6% 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 49, Neptune Walk, Erith, 26.6% of residents are recorded as possessing school level qualifications and 46.0% 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 49, Neptune Walk, 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 49, Neptune Walk, 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 49, Neptune Walk, 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.