According to the public record, Flat 3, Charles Court 20, 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 Charles Court, Avenue Road, Erith, DA8.
Avenue Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 3, Charles Court 20, Erith has 41 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated August 2023.
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 3 Charles Court 20 Erith as £205,657 and the rental value as £1,272 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 3 Charles Court 20 Erith has increased by £3,505 (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 3, Charles Court 20, Erith is in very good condition we estimate a sale value of £215,940 and rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,261 and a rental value of £1,183 per month.
If you were able to purchase this property for the estimated value of £205,657, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,011 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 3, Charles Court 20, Erith was last sold on 10 Jan 2014 for £120,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2014, the market for similar properties has risen 61.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Charles Court 20, Erith within a radius of 470 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 3, Charles Court 20, Erith is the 184th largest and the 194th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in DA8.
Flat 3, Charles Court 20, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2023.
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 3, Charles Court 20, 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 3, Charles Court 20, 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 3, Charles Court 20, 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 3, Charles Court 20, 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 3, Charles Court 20, 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 3, Charles Court 20, 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.