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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 59, Chandlers Drive, Erith is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 59, Chandlers Drive, Erith is £205,892 and the estimated rental value is £1,269 per month.
Chandlers Drive, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
59, Chandlers Drive, Erith has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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 59, Chandlers Drive, Erith is in very good condition we estimate a sale value of £216,187 and a rental value of £1,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,480 and a rental value of £1,180 per month.
Over the last 12 months the sale value of 59 Chandlers Drive Erith has increased by an estimated £755 (0.4%) and its rental value has increased by an estimated £54 per month (4.3%), giving an expected gross yield of 7.4%.
59, Chandlers Drive, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric, Electric storage heaters.
According to HM Land Registry, 59, Chandlers Drive, Erith was last sold on 15th March 2002 for £88,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Chandlers Drive, Erith within a radius of 600 metres over the last 2 years.
The most recent example is 93, Chandlers Drive, Erith, DA8 1LN, a leasehold flat which sold for £210,000 on the 17th May 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chandlers Drive, Erith, DA8 has a total of 172 addresses. According to our analysis of all the public data, 59, Chandlers Drive, Erith is the 115th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in DA8.
The closest station to 59, Chandlers Drive, Erith is Erith station which is 500 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 59, Chandlers Drive, Erith, 45.2% of property is privately rented and 27.6% 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 59, Chandlers Drive, Erith, 26.6% of residents are recorded as possessing school level qualifications and 46.0% 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 59, Chandlers Drive, Erith, 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 59, Chandlers Drive, 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 59, Chandlers Drive, 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.
