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According to the public record, 2, Wharfside Close, Erith is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wharfside Close, Erith is £275,168 and the estimated rental value is £1,581 per month.
Wharfside Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
2, Wharfside Close, Erith has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 2, Wharfside Close, Erith is in very good condition we estimate a sale value of £288,926 and a rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,906 and a rental value of £1,471 per month.
Over the last 12 months the sale value of 2 Wharfside Close Erith has decreased by an estimated £599 (0.2%) and its rental value has increased by an estimated £58 per month (3.7%), giving an expected gross yield of 6.9%.
2, Wharfside Close, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Wharfside Close, Erith was last sold on 31st March 2022 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has risen 36.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wharfside Close, Erith within a radius of 620 metres over the last 2 years.
The most recent example is 29, Wharfside Close, Erith, DA8 1QR, a leasehold flat which sold for £273,000 on the 16th August 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wharfside Close, Erith, DA8 has a total of 112 addresses. According to our analysis of all the public data, 2, Wharfside Close, Erith is the 35th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in DA8.
The closest station to 2, Wharfside Close, Erith is Erith station which is 700 metres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Wharfside Close, Erith, % of property is and % is .
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 2, Wharfside Close, Erith, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Wharfside Close, 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 2, Wharfside Close, Erith, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.