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Cutter House Macarthur Close is a residential building situated on Macarthur Close, Erith, DA8 with 22 addresses.
It ranks as the 371st largest and 367th most expensive of the 426 buildings in the DA8 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 22 properties: 22 flats.
Cutter House Macarthur Close is a residential building situated on Macarthur Close, Erith, DA8 with 22 addresses.
It ranks as the 371st largest and 367th most expensive of the 426 buildings in the DA8 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 22 properties: 22 flats.
Sale prices range from £221,582 for 2 bedroom leasehold flats (610 ft2) to £298,716 for 3 bedroom leasehold flats (1,033 ft2) .
Monthly rental prices range from £1,334 pcm for 2 bed flats to £1,748 pcm for 3 bed flats.
The gross rental yield is between 7.0% and 7.2%.
The average value per square foot is £311.
The last sale in Cutter House Macarthur Close sold for £240,000 on 18th December 2024. Since then prices are down an average of 1.2%.
The current average value in the building is £259,179.
The Cutter House Macarthur Close Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £259,179 |
| April 2025 | -0.8% | £258,768 |
| April 2024 | 0.1% | £260,786 |
| April 2023 | 0.5% | £260,611 |
| April 2022 | 4.9% | £259,347 |
| April 2021 | 1.9% | £247,280 |
| April 2020 | 2.3% | £242,748 |
| April 2019 | -1.6% | £237,385 |
| April 2018 | 1.9% | £241,278 |
| April 2017 | 6.3% | £236,674 |
| April 2016 | 14.1% | £222,678 |
| April 2015 | 15.8% | £195,099 |
| April 2014 | 12.9% | £168,451 |
| April 2013 | 2.5% | £149,184 |
| April 2012 | 0.2% | £145,501 |
| April 2011 | -3.5% | £145,194 |
| April 2010 | 2.8% | £150,534 |
| April 2009 | -12.4% | £146,471 |
| April 2008 | 3.8% | £167,229 |
| April 2007 | 0% | £161,178 |
The current average rental value in the building is £1,528.
The Cutter House Macarthur Close Rental Market has increased by 42.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £1,528pcm |
| April 2025 | 2% | £1,467pcm |
| April 2024 | 8.1% | £1,439pcm |
| April 2023 | 17.4% | £1,331pcm |
| April 2022 | 4.6% | £1,134pcm |
| April 2021 | -0.3% | £1,084pcm |
| April 2020 | 4% | £1,088pcm |
| April 2019 | 0% | £1,046pcm |
| April 2018 | -0.4% | £1,046pcm |
| April 2017 | -2.2% | £1,050pcm |
| April 2016 | 7% | £1,074pcm |
| April 2015 | 7.6% | £1,004pcm |
| April 2014 | 5.3% | £933pcm |
| April 2013 | 3.5% | £886pcm |
| April 2012 | 5.7% | £856pcm |
| April 2011 | 1% | £810pcm |
| April 2010 | 2.2% | £802pcm |
| April 2009 | -2.4% | £785pcm |
| April 2008 | 7.1% | £804pcm |
| April 2007 | 0% | £750pcm |
The last sale was on 18th December 2024 for £240,000 and since then the market in the area has decreased by 1.2%. The building has had a total of 51 sales since 1995.
Cutter House, Macarthur Close, Erith, DA8 1BQ has seen 4 sales in the last three years and no sales in the last twelve months.
The closest station to Cutter House, Macarthur Close, Erith, DA8 1BQ is Erith station which is 400 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Cutter House, Macarthur Close, Erith, DA8 1BQ, 44.6% of property is privately rented and 31.5% 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 Cutter House, Macarthur Close, Erith, DA8 1BQ, 27.3% of residents are recorded as possessing school level qualifications and 44.2% 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 Cutter House, Macarthur Close, Erith, DA8 1BQ, 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 Cutter House, Macarthur Close, Erith, DA8 1BQ, 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 Cutter House, Macarthur Close, Erith, DA8 1BQ, 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.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.