According to the public record, 82, Cross Street, Erith is a mid-century leasehold apartment with 542 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cross Street, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
82, Cross Street, Erith has 31 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated December 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 82 Cross Street Erith as £154,860 and the rental value as £1,070 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 82 Cross Street Erith has increased by £2,639 (1.7%) and its rental value has increased by £68 per month (6.3%).
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 82, Cross Street, Erith is in very good condition we estimate a sale value of £162,603 and rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,020 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £154,860, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £761 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, 82, Cross Street, Erith was last sold on 12 May 2017 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 82, Cross Street, Erith within a radius of 520 metres over the last 2 years.
The most recent example is 16, Stonewood Road, Erith, DA8 1GZ, a Leasehold flat which sold for £120,000 in Nov 2020.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Street, Erith, DA8 has a total of 11 addresses. According to our analysis of all the public data, 82, Cross Street, Erith is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in DA8.
82, Cross Street, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2015.
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 82, Cross Street, Erith is Erith station which is 300 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 82, Cross Street, Erith, 44.6% of property is privately rented and 31.5% 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 82, Cross Street, Erith, 27.3% of residents are recorded as possessing school level qualifications and 44.2% 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 82, Cross Street, 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 82, Cross Street, 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 82, Cross Street, 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.