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By comparing it to neighbours, we estimate that it is a modern apartment with 536 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, Neptune Walk, Erith is £207,484 and the estimated rental value is £1,267 per month.
Neptune Walk, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
59, Neptune Walk, Erith has 31 entries in the Land Registry , most recently in September 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Neptune Walk, Erith is in very good condition we estimate a sale value of £217,858 and a rental value of £1,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,960 and a rental value of £1,178 per month.
Over the last 12 months the sale value of 59 Neptune Walk Erith has increased by an estimated £760 (0.4%) and its rental value has increased by an estimated £54 per month (4.3%), giving an expected gross yield of 7.3%.
According to HM Land Registry, 59, Neptune Walk, Erith was last sold on 8th September 2017 for £156,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2017, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Neptune Walk, Erith within a radius of 570 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.
Neptune Walk, Erith, DA8 has a total of 73 addresses. According to our analysis of all the public data, 59, Neptune Walk, Erith is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in DA8.
The closest station to 59, Neptune Walk, Erith is Erith station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Neptune Walk, 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, Neptune Walk, 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, Neptune Walk, 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, Neptune Walk, 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, Neptune Walk, 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.