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56 Riverdale Road is a residential building situated on Riverdale Road, Erith, DA8 with 4 addresses.
It ranks as the 239th largest and 386th most expensive of the 426 buildings in the DA8 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
56 Riverdale Road is a residential building situated on Riverdale Road, Erith, DA8 with 4 addresses.
It ranks as the 239th largest and 386th most expensive of the 426 buildings in the DA8 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £262,009 for 2 bedroom leasehold flats (549 ft2) to £303,094 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £1,453 pcm for 2 bed flats to £1,638 pcm for 2 bed flats.
The gross rental yield is between 6.5% and 6.7%.
The average value per square foot is £459.
The last sale in 56 Riverdale Road sold for £190,000 on 6th November 2020. Since then prices are up an average of 6.0%.
The current average value in the building is £285,619.
The 56 Riverdale Road Sales Market has increased by 17.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £285,619 |
| April 2025 | -0.2% | £285,622 |
| April 2024 | 0.5% | £286,133 |
| April 2023 | 1.2% | £284,657 |
| April 2022 | 4.5% | £281,196 |
| April 2021 | 3% | £269,162 |
| April 2020 | 1.5% | £261,310 |
| April 2019 | -2.3% | £257,537 |
| April 2018 | 1.5% | £263,512 |
| April 2017 | 6.6% | £259,702 |
| April 2016 | 14.9% | £243,647 |
| April 2015 | 15.6% | £212,132 |
| April 2014 | 12.3% | £183,553 |
| April 2013 | 3.6% | £163,433 |
| April 2012 | -1.2% | £157,785 |
| April 2011 | -3.3% | £159,740 |
| April 2010 | 3.5% | £165,211 |
| April 2009 | -13% | £159,565 |
| April 2008 | 4.4% | £183,361 |
| April 2007 | 0% | £175,700 |
The current average rental value in the building is £1,560.
The 56 Riverdale Road Rental Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,560pcm |
| April 2025 | 2.5% | £1,500pcm |
| April 2024 | 8.4% | £1,464pcm |
| April 2023 | 17.8% | £1,350pcm |
| April 2022 | 4.1% | £1,147pcm |
| April 2021 | 1.3% | £1,102pcm |
| April 2020 | 3.2% | £1,088pcm |
| April 2019 | 0.1% | £1,054pcm |
| April 2018 | -0.3% | £1,052pcm |
| April 2017 | -2% | £1,056pcm |
| April 2016 | 6.3% | £1,077pcm |
| April 2015 | 8.5% | £1,013pcm |
| April 2014 | 5.6% | £934pcm |
| April 2013 | 3.2% | £885pcm |
| April 2012 | 5% | £857pcm |
| April 2011 | 1.3% | £816pcm |
| April 2010 | 1.8% | £806pcm |
| April 2009 | -2.2% | £792pcm |
| April 2008 | 7.8% | £810pcm |
| April 2007 | 0% | £751pcm |
The last sale was on 6th November 2020 for £190,000 and since then the market in the area has increased by 6.0%. The building has had a total of 10 sales since 1995.
56, Riverdale Road, Erith, DA8 1PX has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 56, Riverdale Road, Erith, DA8 1PX is Erith station which is 900 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56, Riverdale Road, Erith, DA8 1PX, 43.2% of property is privately owned with a mortgage and 28.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 56, Riverdale Road, Erith, DA8 1PX, 23.0% of residents are recorded as possessing school level qualifications and 37.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 56, Riverdale Road, Erith, DA8 1PX, the average age was 38.8 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 56, Riverdale Road, Erith, DA8 1PX, 1.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 56, Riverdale Road, Erith, DA8 1PX, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.