According to the public record, Flat 51, Centaur Court 11, Erith is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 623 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Centaur Court, Arthur Street, Erith, DA8.
Arthur Street, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 51, Centaur Court 11, Erith has a single entry in the Land Registry database from January 2022 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 good condition, we estimate the current sale value for Flat 51 Centaur Court 11 Erith as £292,323 and the rental value as £1,535 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 51 Centaur Court 11 Erith has increased by £5,051 (1.7%) and its rental value has increased by £98 per month (6.4%).
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 51, Centaur Court 11, Erith is in very good condition we estimate a sale value of £306,939 and rental value of £1,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,860 and a rental value of £1,428 per month.
If you were able to purchase this property for the estimated value of £292,323, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,437 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 51, Centaur Court 11, Erith was last sold on 14 Jan 2022 for £277,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 51, Centaur Court 11, Erith within a radius of 360 metres over the last 2 years.
The most recent example is Flat 47, Centaur Court 11, Arthur Street, Erith, DA8 2GT, a Leasehold flat which sold for £275,000 in Feb 2022.
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 51, Centaur Court 11, Erith is the 154th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in DA8.
The closest station to Flat 51, Centaur Court 11, 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 51, Centaur Court 11, Erith, 33.8% of property is privately rented and 30.1% 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 51, Centaur Court 11, Erith, 30.6% of residents are recorded as possessing school level qualifications and 41.8% 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 51, Centaur Court 11, 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 51, Centaur Court 11, 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 51, Centaur Court 11, Erith, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.