According to the public record, Flat 42, Carrack House, Erith is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Carrack House, Saltford Close, Erith, DA8.
Saltford Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 42, Carrack House, Erith has a single entry in the Land Registry database from November 2009 and a single entry in the EPC database dated June 2009.
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 42 Carrack House Erith as £155,420 and the rental value as £1,016 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 42 Carrack House Erith has increased by £2,649 (1.7%) and its rental value has increased by £64 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 42, Carrack House, Erith is in very good condition we estimate a sale value of £163,191 and rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,540 and a rental value of £945 per month.
If you were able to purchase this property for the estimated value of £155,420, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £764 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 42, Carrack House, Erith was last sold on 02 Nov 2009 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2009, the market for similar properties has risen 82.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, Carrack House, Erith within a radius of 550 metres over the last 2 years.
The most recent example is 26, James Watt Way, Erith, DA8 1SQ, a Leasehold flat which sold for £99,000 in Apr 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saltford Close, Erith, DA8 has a total of 108 addresses. According to our analysis of all the public data, Flat 42, Carrack House, Erith is the 104th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in DA8.
Flat 42, Carrack House, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2009.
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 42, Carrack House, Erith is Erith station which is 300 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 42, Carrack House, Erith, 38.8% of property is privately owned with a mortgage and 21.8% is privately owned outright.
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 42, Carrack House, Erith, 26.1% of residents are recorded as possessing school level qualifications and 35.4% 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 42, Carrack House, 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 42, Carrack House, 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 42, Carrack House, 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.