Flat 16, Coral Court 6
Flat 16, Coral Court 6
Description & Estimates
Public records show Flat 16, Coral Court 6, Erith to be a modern leasehold apartment with 645 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 16, Coral Court 6, Erith has an estimated sale value of £271,347 and an estimated rental value of £1,469 per month, assuming reasonable condition and based on the information available.
The apartment sits within Coral Court, Sayers Way, Erith, DA8.
Sayers Way, Erith, DA8 lies in the borough of Bexley, within the DA8 postal district.
Our Data Sources
Flat 16, Coral Court 6, Erith has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 16, Coral Court 6, Erith would be worth £284,914, with a potential rental value of £1,543 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,352, with a rental value of £1,367 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 16, Coral Court 6, Erith has dropped by £1,694 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £56 (3.8%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
Flat 16, Coral Court 6, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 16, Coral Court 6, Erith last changed hands on 6th May 2021, selling for £265,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 18.8% since May 2021.
- Sold May 2021£265,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 16, Coral Court 6, Erith across the last 2 years.
Most recently, Flat 64, Ardwina Court 24, Arthur Street, Erith, DA8 2GJ, a leasehold flat, sold at £285,000 on the 29th September 2023.
Read more about house prices in DA8.
- Sold Sep 2023£285,000 | 2 Bed FlatArdwina Court 24, Arthur StreetFlat 64, Ardwina Court 24, Arthur Street, Erith, DA8 2GJ
- Sold Mar 2023£320,000 | 2 Bed FlatArdwina Court 24, Arthur StreetFlat 62, Ardwina Court 24, Arthur Street, Erith, DA8 2GJ
- Sold Sep 2022£277,500 | 2 Bed FlatArdwina Court 24, Arthur StreetFlat 48, Ardwina Court 24, Arthur Street, Erith, DA8 2GJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 16, Coral Court 6, Erith as the 80th largest and the 39th most expensive of the 107 addresses on Sayers Way, Erith, DA8.
Against the DA8 postcode district average, it is £70k less expensive than the typical property.
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Schools Nearby
- 400mHaberdashers' Slade Green Primary
- 400mPeareswood Primary School
- 500mSt. Paul's (Slade Green) Church of England Primary School
- 1.3kmLeigh Academy Bexley
- 2.1kmHaberdashers' Crayford Academy
- 2.2kmTrinity Church of England School, Belvedere
More reading links
Public Transport Nearby
Slade Green station is the nearest stop to Flat 16, Coral Court 6, Erith at 800 metres away.
- 800mSlade Green
- 1.1kmErith
- 2.0kmBarnehurst
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
