According to the public record, Flat 5, Orchard House, Erith is a mid-century apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Orchard House, Northend Road, Erith, DA8.
Northend Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 5, Orchard House, Erith has no records in the Land Registry database and a single entry in the EPC database dated July 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 5 Orchard House Erith as £137,233 and the rental value as £948 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of Flat 5 Orchard House Erith has increased by £2,594 (1.9%) and its rental value has increased by £62 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 5, Orchard House, Erith is in very good condition we estimate a sale value of £144,095 and rental value of £996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,627 and a rental value of £882 per month.
If you were able to purchase this property for the estimated value of £137,233, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £674 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 sales of properties similar to Flat 5, Orchard House, Erith within a radius of 400 metres over the last 2 years.
The most recent example is Flat 71, Orchard House, Northend Road, Erith, DA8 3PY, a Leasehold flat which sold for £132,500 in Jan 2021.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northend Road, Erith, DA8 has a total of 182 addresses. According to our analysis of all the public data, Flat 5, Orchard House, Erith is the 135th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in DA8.
Flat 5, Orchard House, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2018.
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 5, Orchard House, Erith is Slade Green station which is 700 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 5, Orchard House, 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 5, Orchard House, 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 5, Orchard House, 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 5, Orchard 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 5, Orchard House, 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.