Flat 3, Coral Court 6
Flat 3, Coral Court 6
Description & Estimates
According to the public record, Flat 3, Coral Court 6, Erith is a modern leasehold apartment with 775 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 Flat 3, Coral Court 6, Erith is £305,399 and the estimated rental value is £1,700 per month.
The apartment is within Coral Court, Sayers Way, Erith, DA8.
Sayers Way, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Our Data Sources
Flat 3, 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
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 Flat 3, Coral Court 6, Erith is in very good condition we estimate a sale value of £320,669 and a rental value of £1,785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,021 and a rental value of £1,581 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Coral Court 6, Erith has declined by £4,128 (1.4%), while its estimated rental value has climbed by £57 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
Flat 3, Coral Court 6, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 3, Coral Court 6, Erith was last sold on 21st May 2021 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has dropped by 1.8%.
- Sold May 2021£300,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Coral Court 6, Erith within a radius of 360 metres over the last 2 years.
The most recent example is Flat 21, Prerona Court 1, Thistle Close, Erith, DA8 2GL, a leasehold flat which sold for £306,000 on the 24th November 2023.
Read more about house prices in DA8.
- Sold Nov 2023£306,000 | 2 Bed FlatPrerona Court 1, Thistle CloseFlat 21, Prerona Court 1, Thistle Close, Erith, DA8 2GL
- Sold May 2023£334,000 | 2 Bed FlatPrerona Court 1, Thistle CloseFlat 15, Prerona Court 1, Thistle Close, Erith, DA8 2GL
- Sold Mar 2023£332,000 | 2 Bed FlatPrerona Court 1, Thistle CloseFlat 17, Prerona Court 1, Thistle Close, Erith, DA8 2GL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Sayers Way, Erith, DA8 has a total of 107 addresses. According to our analysis of all the public data, Flat 3, Coral Court 6, Erith is the 37th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in DA8.
More reading links
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
The closest station to Flat 3, Coral Court 6, Erith is Slade Green station, which is 800 metres away.
- 800mSlade Green
- 1.1kmErith
- 2.0kmBarnehurst
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
