According to the public record, 45A, Pembroke Road, Erith is a period leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 45, Pembroke Road, Erith, DA8.
Pembroke Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
45A, Pembroke Road, Erith has 41 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated July 2021.
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 45A Pembroke Road Erith as £224,165 and the rental value as £1,441 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 45A Pembroke Road Erith has increased by £3,197 (1.4%) and its rental value has increased by £88 per month (6.1%).
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 45A, Pembroke Road, Erith is in very good condition we estimate a sale value of £235,373 and rental value of £1,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,473 and a rental value of £1,340 per month.
If you were able to purchase this property for the estimated value of £224,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,102 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, 45A, Pembroke Road, Erith was last sold on 28 Jun 2022 for £225,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45A, Pembroke Road, Erith within a radius of 500 metres over the last 2 years.
The most recent example is 22, Valley Road, Erith, DA8 1BT, a Leasehold flat which sold for £255,000 in Nov 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pembroke Road, Erith, DA8 has a total of 80 addresses. According to our analysis of all the public data, 45A, Pembroke Road, Erith is the 58th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in DA8.
45A, Pembroke Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 45A, Pembroke Road, Erith is Erith 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 45A, Pembroke Road, Erith, 38.1% of property is socially rented and 27.8% 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 45A, Pembroke Road, Erith, 33.2% of residents are recorded as possessing school level qualifications and 27.3% 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 45A, Pembroke Road, Erith, the average age was 38.8 and the most common age was 37.
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 45A, Pembroke Road, Erith, 1.1% 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 45A, Pembroke Road, Erith, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.