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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 101, Rainbow Road, Erith is a modern freehold house with 1,323 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 101, Rainbow Road, Erith is £494,053 and the estimated rental value is £2,378 per month.
Rainbow Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
101, Rainbow Road, Erith has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 101, Rainbow Road, Erith is in very good condition we estimate a sale value of £518,756 and a rental value of £2,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,470 and a rental value of £2,212 per month.
Over the last 12 months the sale value of 101 Rainbow Road Erith has increased by an estimated £1,524 (0.3%) and its rental value has increased by an estimated £103 per month (4.3%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 101, Rainbow Road, Erith sits on a plot of 145m2.
We have plot size data on 47 out of 53 other houses in the postcode and 101, Rainbow Road, Erith sits on the 42nd largest plot.
101, Rainbow Road, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Sep 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 101, Rainbow Road, Erith was last sold on 23rd September 2016 for £364,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 101, Rainbow Road, Erith within a radius of 450 metres over the last 2 years.
The most recent example is 87, Rainbow Road, Erith, DA8 2BT, a freehold house which sold for £410,000 on the 3rd November 2021.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Road, Erith, DA8 has a total of 285 addresses. According to our analysis of all the public data, 101, Rainbow Road, Erith is the 73rd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in DA8.
The closest station to 101, Rainbow Road, Erith is Slade Green station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 101, Rainbow Road, Erith, % of property is and % is .
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 101, Rainbow Road, Erith, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 101, Rainbow Road, Erith, 0.0% 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 101, Rainbow Road, Erith, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
