According to the public record, Flat 1, Marler House 2, Erith is a modern apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Marler House, Barnett Close, Erith, DA8.
Barnett Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 1, Marler House 2, Erith has no records in the Land Registry database and a single entry in the EPC database dated September 2018.
We combine this information with public data 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 Marler House 2 Erith as £146,610 and the rental value as £1,045 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of Flat 1 Marler House 2 Erith has increased by £2,719 (1.9%) and its rental value has increased by £68 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 Flat 1, Marler House 2, Erith is in very good condition we estimate a sale value of £153,941 and rental value of £1,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,347 and a rental value of £972 per month.
If you were able to purchase this property for the estimated value of £146,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £721 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 470 metres radius of Flat 1, Marler House 2, Erith over the last 2 years.
The most recent example is 7, Barnett Close, Erith, DA8 2EG, a Freehold house which sold for £310,000 in Dec 2017.
Read more about house prices in DA8.
Barnett Close, Erith, DA8 has a total of 54 addresses. According to our analysis of all the public data, Flat 1, Marler House 2, Erith is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in DA8.
Flat 1, Marler House 2, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2018.
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 Flat 1, Marler House 2, Erith is Slade Green station which is 600 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, Marler House 2, Erith, 72.8% of property is socially rented and 11.2% 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, Marler House 2, Erith, 30.4% of residents are recorded as possessing school level qualifications and 26.9% 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, Marler House 2, Erith, the average age was 37.6 and the most common age was 32.
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, Marler House 2, 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 Flat 1, Marler House 2, 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.