According to the public record, Flat 10, Warwick Court, Erith is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 608 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Warwick Court, Arthur Street, Erith, DA8.
Arthur Street, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 10, Warwick Court, Erith has a single entry in the Land Registry database from July 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 10 Warwick Court Erith as £189,656 and the rental value as £1,278 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 10 Warwick Court Erith has increased by £3,585 (1.9%) and its rental value has increased by £84 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 10, Warwick Court, Erith is in very good condition we estimate a sale value of £199,139 and rental value of £1,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,380 and a rental value of £1,189 per month.
If you were able to purchase this property for the estimated value of £189,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £932 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 10, Warwick Court, Erith was last sold on 09 Jul 2021 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, Warwick Court, Erith within a radius of 350 metres over the last 2 years.
The most recent example is 15 Gunning Place, Callender Road, Erith, DA8 3FD, a Leasehold flat which sold for £180,000 in Dec 2021.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arthur Street, Erith, DA8 has a total of 229 addresses. According to our analysis of all the public data, Flat 10, Warwick Court, Erith is the 157th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in DA8.
The closest station to Flat 10, Warwick Court, 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 Flat 10, Warwick Court, 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 Flat 10, Warwick Court, 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 Flat 10, Warwick Court, 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 Flat 10, Warwick Court, 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 10, Warwick Court, 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.