Flat 41, Watersedge Court 1
Flat 41, Watersedge Court 1
Description & Estimates
The public record lists Flat 41, Watersedge Court 1, Erith as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 765 ft2 of internal area and a balcony.
In this area, apartments of this size normally have 2 bedrooms.
Flat 41, Watersedge Court 1, Erith has an estimated sale value of £216,015 and an estimated rental value of £1,435 per month, assuming reasonable condition and based on the information available.
The apartment sits within Watersedge Court, Wharfside Close, Erith, DA8.
Wharfside Close, Erith, DA8 lies in the borough of Bexley, within the DA8 postal district.
Our Data Sources
Flat 41, Watersedge Court 1, Erith has 31 entries in the Land Registry , most recently in March 2007 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 41, Watersedge Court 1, Erith would be worth £226,816, with a potential rental value of £1,507 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £200,894, with a rental value of £1,335 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 41, Watersedge Court 1, Erith has moved down by £2,152 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £42 (2.9%). The property's estimated gross yield is currently 8.0%.
Sold Prices
Flat 41, Watersedge Court 1, Erith last changed hands on 22nd March 2007, selling for £160,000. 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 90.9% since March 2007.
- Sold Mar 2007£160,000
- Sold Oct 2003£145,000
- Sold Aug 2001£111,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of Flat 41, Watersedge Court 1, Erith across the last 2 years.
Most recently, Flat 56, Watersedge Court 1, Wharfside Close, Erith, DA8 1QW, a leasehold flat, sold at £230,000 on the 1st October 2024.
Read more about house prices in DA8.
- Sold Oct 2024£230,000 | 3 Bed FlatWatersedge Court 1, Wharfside CloseFlat 56, Watersedge Court 1, Wharfside Close, Erith, DA8 1QW
- Sold Dec 2023£215,000 | 2 Bed FlatWatersedge Court 1, Wharfside CloseFlat 6, Watersedge Court 1, Wharfside Close, Erith, DA8 1QW
- Sold Feb 2023£216,000 | 2 Bed FlatWatersedge Court 1, Wharfside CloseFlat 21, Watersedge Court 1, Wharfside Close, Erith, DA8 1QW
•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 41, Watersedge Court 1, Erith as the 48th largest and the 54th most expensive of the 112 addresses on Wharfside Close, Erith, DA8.
Against the DA8 postcode district average, it is £126k less expensive than the typical property.
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Schools Nearby
- 800mChrist Church (Erith) CofE Primary School
- 1.1kmHaberdashers' Slade Green Primary
- 1.1kmPeareswood Primary School
- 1.4kmLeigh Academy Bexley
- 1.6kmTrinity Church of England School, Belvedere
- 2.9kmHaberdashers' Crayford Academy
More reading links
Public Transport Nearby
Erith station is the nearest stop to Flat 41, Watersedge Court 1, Erith at 500 metres away.
- 500mErith
- 1.6kmSlade Green
- 2.4kmBarnehurst
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
