Flat 7, Spinel Court 53
Flat 7, Spinel Court 53
Description & Estimates
Flat 7, Spinel Court 53, Erith is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 7, Spinel Court 53, Erith is £185,808 and its rental estimate is £1,247 per month, given the available information and assuming reasonable condition.
Spinel Court, Richmer Road is a residential building on Richmer Road, Erith, DA8 and falls within the DA8 postal district and the borough of Bexley.
Our Data Sources
Flat 7, Spinel Court 53, Erith has a single entry in the Land Registry from March 2025 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Spinel Court 53, Erith, we estimate a market value of £195,098 and a rental value of £1,309 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £172,801 and £1,160 per month respectively.
Recent Market Change
Over the last year, Flat 7, Spinel Court 53, Erith has seen its estimated sale value decline by £1,851 (1.0%) and its estimated rental value climb by £37 per month (2.9%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
Flat 7, Spinel Court 53, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2022.
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 7, Spinel Court 53, Erith completed on 27th March 2025 at £190,000 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 3.5% over the period since March 2025.
- Sold Mar 2025£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, Spinel Court 53, Erith have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2025, was 29, Cook Square, Erith, DA8 2PL, a leasehold flat which sold for £157,000.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 65 addresses on Richmer Road, Erith, DA8, Flat 7, Spinel Court 53, Erith comes out as the 55th largest and the 58th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the DA8 district.
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Schools Nearby
- 300mHaberdashers' Slade Green Primary
- 400mSt. Paul's (Slade Green) Church of England Primary School
- 500mPeareswood Primary School
- 1.5kmLeigh Academy Bexley
- 2.1kmHaberdashers' Crayford Academy
- 2.2kmTrinity Church of England School, Belvedere
More reading links
Public Transport Nearby
From Flat 7, Spinel Court 53, Erith, the nearest station is Slade Green, 800 metres away.
- 800mSlade Green
- 1.2kmErith
- 2.1kmBarnehurst
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
