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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
Public records show Flat 15, Drake Point, Erith to be a modern leasehold apartment with 838 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 15, Drake Point, Erith has an estimated sale value of £251,151 and an estimated rental value of £1,610 per month, assuming reasonable condition and based on the information available.
The apartment sits within Drake Point, Chichester Wharf, Erith, DA8.
Chichester Wharf, Erith, DA8 lies in the borough of Bexley, within the DA8 postal district.
Flat 15, Drake Point, Erith has 31 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated January 2009.
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.
In very good condition, we estimate Flat 15, Drake Point, Erith would be worth £263,708, with a potential rental value of £1,691 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £233,570, with a rental value of £1,497 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 15, Drake Point, Erith has decreased by £3,191 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £42 (2.6%). The property's estimated gross yield is currently 7.7%.
Flat 15, Drake Point, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jan 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 15, Drake Point, Erith last changed hands on 13th October 2017, selling for £256,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 4.5% since October 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of Flat 15, Drake Point, Erith across the last 2 years.
Most recently, Flat 17, Schooner House, Chichester Wharf, Erith, DA8 1BF, a leasehold flat, sold at £276,000 on the 20th March 2026.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 15, Drake Point, Erith as the 49th largest and the 53rd most expensive of the 158 addresses on Chichester Wharf, Erith, DA8.
Against the DA8 postcode district average, it is £91k less expensive than the typical property.
Erith station is the nearest stop to Flat 15, Drake Point, Erith at 300 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, Drake Point, 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 Flat 15, Drake Point, 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 Flat 15, Drake Point, 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 Flat 15, Drake Point, 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 Flat 15, Drake Point, 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.
