According to the public record, 49A, Northend Road, Erith is a mid-century Leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 49, Northend Road, Erith, DA8.
Northend Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
49A, Northend Road, Erith has 21 entries in the Land Registry database, most recently in December 2008 and a single entry in the EPC database dated June 2018.
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 49A Northend Road Erith as £467,167 and the rental value as £2,274 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 49A Northend Road Erith has increased by £8,005 (1.7%) and its rental value has increased by £144 per month (6.4%).
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 49A, Northend Road, Erith is in very good condition we estimate a sale value of £490,525 and rental value of £2,387 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,465 and a rental value of £2,115 per month.
If you were able to purchase this property for the estimated value of £467,167, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,296 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, 49A, Northend Road, Erith was last sold on 02 Dec 2008 for £245,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2008, the market for similar properties has risen 82.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 370 metres radius of 49A, Northend Road, Erith over the last 2 years.
The most recent example is 24, Maple Court, Erith, DA8 2EX, a Freehold house which sold for £250,000 in Dec 2017.
Read more about house prices in DA8.
Northend Road, Erith, DA8 has a total of 182 addresses. According to our analysis of all the public data, 49A, Northend Road, Erith is the 55th largest and the most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in DA8.
49A, Northend Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2018.
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 49A, Northend Road, Erith is Slade Green station which is 800 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 49A, Northend Road, Erith, 40.1% of property is socially rented and 24.9% 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 49A, Northend Road, Erith, 26.9% of residents are recorded as possessing school level qualifications and 28.0% 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 49A, Northend Road, 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 49A, Northend Road, 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 49A, Northend Road, Erith, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.