According to the public record, Flat 28, Hardwick Court 50, Erith is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hardwick Court, Lesney Park Road, Erith, DA8.
Lesney Park Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 28, Hardwick Court 50, Erith has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated September 2020.
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 28 Hardwick Court 50 Erith as £110,910 and the rental value as £774 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of Flat 28 Hardwick Court 50 Erith has increased by £1,845 (1.7%) and its rental value has increased by £49 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 28, Hardwick Court 50, Erith is in very good condition we estimate a sale value of £116,455 and rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,146 and a rental value of £720 per month.
If you were able to purchase this property for the estimated value of £110,910, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £545 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 28, Hardwick Court 50, Erith was last sold on 11 May 2023 for £115,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 28, Hardwick Court 50, Erith within a radius of 560 metres over the last 2 years.
The most recent example is Flat 25, Hardwick Court 50, Lesney Park Road, Erith, DA8 3DL, a Leasehold flat which sold for £115,500 in May 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lesney Park Road, Erith, DA8 has a total of 87 addresses. According to our analysis of all the public data, Flat 28, Hardwick Court 50, Erith is the 75th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in DA8.
Flat 28, Hardwick Court 50, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2020.
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 28, Hardwick Court 50, Erith is Erith 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 28, Hardwick Court 50, Erith, 53.9% of property is privately owned outright and 32.5% 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 28, Hardwick Court 50, Erith, 17.2% of residents are recorded as possessing school level qualifications and 33.9% 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 28, Hardwick Court 50, 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 Flat 28, Hardwick Court 50, 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 Flat 28, Hardwick Court 50, Erith, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.