According to the public record, 87, Glimpsing Green, Erith is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Glimpsing Green, Erith, DA18 is located in the borough of Bexley within the DA18 postal district.
87, Glimpsing Green, Erith has 2 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated September 2022.
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 87 Glimpsing Green Erith as £212,297 and the rental value as £1,430 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 87 Glimpsing Green Erith has increased by £2,523 (1.2%) and its rental value has increased by £81 per month (5.6%).
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 87, Glimpsing Green, Erith is in very good condition we estimate a sale value of £222,912 and rental value of £1,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,436 and a rental value of £1,330 per month.
If you were able to purchase this property for the estimated value of £212,297, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,043 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, 87, Glimpsing Green, Erith was last sold on 05 May 2023 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Glimpsing Green, Erith within a radius of 470 metres over the last 2 years.
The most recent example is 93, Glimpsing Green, Erith, DA18 4HB, a Leasehold flat which sold for £220,000 in May 2022.
Read more about house prices in DA18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glimpsing Green, Erith, DA18 has a total of 114 addresses. According to our analysis of all the public data, 87, Glimpsing Green, Erith is the 112th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in DA18.
87, Glimpsing Green, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 87, Glimpsing Green, Erith is Abbey Wood station which is 1.0 kilometres 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 87, Glimpsing Green, Erith, 29.2% of property is privately rented and 27.0% 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 87, Glimpsing Green, Erith, 29.3% of residents are recorded as possessing school level qualifications and 40.6% 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 87, Glimpsing Green, Erith, the average age was 36.3 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 87, Glimpsing Green, 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 87, Glimpsing Green, Erith, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.