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Darenth Works Ray Lamb Way is a residential building situated on Ray Lamb Way, Erith, DA8 with 3 addresses.
It ranks as the 234th largest and 202nd most expensive of the 457 buildings in the DA8 area.
The building contains a total of 3 properties: 3 flats.
Darenth Works Ray Lamb Way is a residential building situated on Ray Lamb Way, Erith, DA8 with 3 addresses.
It ranks as the 234th largest and 202nd most expensive of the 457 buildings in the DA8 area.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £211,014 for 2 bedroom leasehold flats (654 ft2) to £211,014 for 2 bedroom leasehold flats (654 ft2) .
Monthly rental prices range from £1,304 pcm for 2 bed flats to £1,304 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 7.4%.
The average value per square foot is £322.
The current average value in the building is £211,014.
The Darenth Works Ray Lamb Way Sales Market has increased by 13.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.6% | £211,014 |
| May 2025 | -0.9% | £212,258 |
| May 2024 | 0.3% | £214,182 |
| May 2023 | -0.4% | £213,642 |
| May 2022 | 5.5% | £214,473 |
| May 2021 | 2.2% | £203,365 |
| May 2020 | 2% | £199,012 |
| May 2019 | -1.6% | £195,199 |
| May 2018 | 1.2% | £198,408 |
| May 2017 | 5.6% | £196,020 |
| May 2016 | 15.2% | £185,629 |
| May 2015 | 15.2% | £161,149 |
| May 2014 | 14.7% | £139,848 |
| May 2013 | 2% | £121,978 |
| May 2012 | -0.5% | £119,612 |
| May 2011 | -0.6% | £120,213 |
| May 2010 | 2.5% | £120,991 |
| May 2009 | -15.2% | £118,011 |
| May 2008 | 2.7% | £139,229 |
| May 2007 | 0% | £135,534 |
The current average rental value in the building is £1,304.
The Darenth Works Ray Lamb Way Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £1,304pcm |
| May 2025 | 1.6% | £1,263pcm |
| May 2024 | 8.9% | £1,243pcm |
| May 2023 | 15.7% | £1,142pcm |
| May 2022 | 4.5% | £987pcm |
| May 2021 | 2.5% | £945pcm |
| May 2020 | 2.6% | £922pcm |
| May 2019 | 0% | £898pcm |
| May 2018 | 0.4% | £899pcm |
| May 2017 | -1.5% | £895pcm |
| May 2016 | 5.9% | £909pcm |
| May 2015 | 8.6% | £858pcm |
| May 2014 | 5.4% | £789pcm |
| May 2013 | 2.6% | £749pcm |
| May 2012 | 4.4% | £730pcm |
| May 2011 | 3% | £699pcm |
| May 2010 | 1.4% | £678pcm |
| May 2009 | -3.7% | £669pcm |
| May 2008 | 7.2% | £694pcm |
| May 2007 | 0% | £648pcm |
The closest station to Darenth Works, Ray Lamb Way, Erith, DA8 2SP is Slade Green station which is 1.6 kilometres away.
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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 Darenth Works, Ray Lamb Way, Erith, DA8 2SP, 53.9% of property is privately owned with a mortgage and 22.7% 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 Darenth Works, Ray Lamb Way, Erith, DA8 2SP, 31.9% of residents are recorded as possessing school level qualifications and 42.7% 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 Darenth Works, Ray Lamb Way, Erith, DA8 2SP, 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 Darenth Works, Ray Lamb Way, Erith, DA8 2SP, 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 Darenth Works, Ray Lamb Way, Erith, DA8 2SP, 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.