According to the public record, Flat 6, Coronation Court, Erith is a mid-century leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Coronation Court, Stelling Road, Erith, DA8.
Stelling Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Flat 6, Coronation Court, Erith has a single entry in the Land Registry database from February 2008 and a single entry in the EPC database dated March 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 6 Coronation Court Erith as £170,646 and the rental value as £1,088 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 6 Coronation Court Erith has increased by £2,975 (1.7%) and its rental value has increased by £69 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 6, Coronation Court, Erith is in very good condition we estimate a sale value of £179,179 and rental value of £1,142 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,701 and a rental value of £1,011 per month.
If you were able to purchase this property for the estimated value of £170,646, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £839 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 6, Coronation Court, Erith was last sold on 21 Feb 2008 for £97,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 60.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of Flat 6, Coronation Court, Erith over the last 2 years.
The most recent example is Flat 11, Elizabeth Court, Valence Road, Erith, DA8 3JS, a Leasehold flat which sold for £180,000 in Dec 2021.
Read more about house prices in DA8.
Stelling Road, Erith, DA8 has a total of 55 addresses. According to our analysis of all the public data, Flat 6, Coronation Court, Erith is the 31st largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in DA8.
Flat 6, Coronation Court, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 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 6, Coronation Court, Erith is Erith station which is 1.0 kilometres 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 6, Coronation Court, Erith, 43.9% of property is socially rented and 29.8% 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 6, Coronation Court, Erith, 24.7% of residents are recorded as possessing school level qualifications and 29.2% 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 6, Coronation Court, Erith, the average age was 37.6 and the most common age was 32.
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 6, Coronation Court, 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 6, Coronation Court, Erith, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.