According to the public record, 7 Crystal Court, Erith is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Crystal Court, Rainbow Road, Erith, DA8.
Rainbow Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
7 Crystal Court, Erith has a single entry in the Land Registry database from June 2015 and a single entry in the EPC database dated May 2015.
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 7 Crystal Court Erith as £258,433 and the rental value as £1,386 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Crystal Court Erith has increased by £4,897 (1.9%) and its rental value has increased by £91 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 7 Crystal Court, Erith is in very good condition we estimate a sale value of £271,355 and rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,343 and a rental value of £1,289 per month.
If you were able to purchase this property for the estimated value of £258,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,270 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, 7 Crystal Court, Erith was last sold on 26 Jun 2015 for £222,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Crystal Court, Erith within a radius of 460 metres over the last 2 years.
The most recent example is 3 Crystal Court, Rainbow Road, Erith, DA8 2FA, a Leasehold flat which sold for £257,000 in Feb 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Road, Erith, DA8 has a total of 285 addresses. According to our analysis of all the public data, 7 Crystal Court, Erith is the 240th largest and the 214th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in DA8.
7 Crystal Court, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2015.
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 7 Crystal Court, Erith is Slade Green station which is 700 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 7 Crystal Court, Erith, 40.9% of property is privately owned with a mortgage and 22.0% 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 7 Crystal Court, Erith, 29.4% of residents are recorded as possessing school level qualifications and 37.3% 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 7 Crystal 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 7 Crystal Court, Erith, 0.3% 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 7 Crystal Court, Erith, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.