According to the public record, 146A, West Street, Erith is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 146, West Street, Erith, DA8.
West Street, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
146A, West Street, Erith has a single entry in the Land Registry database from February 2019 and a single entry in the EPC database dated September 2012.
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 146A West Street Erith as £173,111 and the rental value as £1,141 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 146A West Street Erith has increased by £3,221 (1.9%) and its rental value has increased by £74 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 146A, West Street, Erith is in very good condition we estimate a sale value of £181,767 and rental value of £1,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,994 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £173,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £851 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, 146A, West Street, Erith was last sold on 12 Feb 2019 for £159,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2019, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 146A, West Street, Erith within a radius of 530 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.
West Street, Erith, DA8 has a total of 254 addresses. According to our analysis of all the public data, 146A, West Street, Erith is the 249th largest and the 245th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in DA8.
146A, West Street, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 146A, West Street, 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 146A, West Street, Erith, 69.2% of property is socially rented and 15.4% is privately 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 146A, West Street, Erith, 37.3% of residents are recorded as possessing school level qualifications and 32.7% 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 146A, West 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 146A, West 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 146A, West 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.