According to the public record, Flat 1, Diana Court 22, Erith is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Diana Court, Avenue Road, Erith, DA8.
Avenue Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 1, Diana Court 22, Erith has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated February 2019.
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 Flat 1 Diana Court 22 Erith as £203,212 and the rental value as £1,272 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 1 Diana Court 22 Erith has increased by £3,464 (1.7%) and its rental value has increased by £81 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 Flat 1, Diana Court 22, Erith is in very good condition we estimate a sale value of £213,373 and rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,987 and a rental value of £1,183 per month.
If you were able to purchase this property for the estimated value of £203,212, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £999 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, Flat 1, Diana Court 22, Erith was last sold on 05 Feb 2021 for £170,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Diana Court 22, Erith within a radius of 480 metres over the last 2 years.
The most recent example is Flat 17, Charles Court 20, Avenue Road, Erith, DA8 3BY, a Leasehold flat which sold for £200,000 in Jul 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Road, Erith, DA8 has a total of 209 addresses. According to our analysis of all the public data, Flat 1, Diana Court 22, Erith is the 187th largest and the 197th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in DA8.
Flat 1, Diana Court 22, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2019.
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 Flat 1, Diana Court 22, 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 Flat 1, Diana Court 22, Erith, 37.1% of property is privately owned outright and 31.4% 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 Flat 1, Diana Court 22, Erith, 20.6% of residents are recorded as possessing school level qualifications and 31.5% 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 Flat 1, Diana Court 22, 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 Flat 1, Diana Court 22, Erith, 0.3% 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 Flat 1, Diana Court 22, Erith, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.