Flat 4, Coral Court 6
Flat 4, Coral Court 6
Description & Estimates
Flat 4, Coral Court 6, Erith is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Coral Court 6, Erith is £283,994 and its rental estimate is £1,535 per month, given the available information and assuming reasonable condition.
Coral Court, Sayers Way is a residential building on Sayers Way, Erith, DA8 and falls within the DA8 postal district and the borough of Bexley.
Our Data Sources
Flat 4, Coral Court 6, Erith has a single entry in the Land Registry from June 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, Coral Court 6, Erith, we estimate a market value of £298,194 and a rental value of £1,612 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,115 and £1,427 per month respectively.
Recent Market Change
Over the last year, Flat 4, Coral Court 6, Erith has seen its estimated sale value move down by £1,773 (0.6%) and its estimated rental value increase by £58 per month (3.8%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
Flat 4, Coral Court 6, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 4, Coral Court 6, Erith completed on 9th June 2021 at £285,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 18.8% over the period since June 2021.
- Sold Jun 2021£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, Coral Court 6, Erith have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th September 2023, was Flat 64, Ardwina Court 24, Arthur Street, Erith, DA8 2GJ, a leasehold flat which sold for £285,000.
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 Nov 2022£302,500 | 2 Bed FlatPrerona Court 1, Thistle CloseFlat 1, 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
Of the 107 addresses on Sayers Way, Erith, DA8, Flat 4, Coral Court 6, Erith comes out as the 63rd largest and the 26th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the DA8 district.
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
From Flat 4, Coral Court 6, Erith, the nearest station is Slade Green, 800 metres away.
- 800mSlade Green
- 1.1kmErith
- 2.0kmBarnehurst
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
