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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, 2, Empire Way, Erith is a modern freehold house with 1,291 ft2 of internal area.
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 2, Empire Way, Erith is £542,864 and the estimated rental value is £2,543 per month.
Empire Way, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
2, Empire Way, Erith has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated June 2023.
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.
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 2, Empire Way, Erith is in very good condition we estimate a sale value of £570,007 and a rental value of £2,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £504,863 and a rental value of £2,365 per month.
Over the last 12 months the sale value of 2 Empire Way Erith has increased by an estimated £1,674 (0.3%) and its rental value has increased by an estimated £110 per month (4.3%), giving an expected gross yield of 5.6%.
2, Empire Way, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jun 2023.
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, 2, Empire Way, Erith was last sold on 21st December 2022 for £530,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Empire Way, Erith within a radius of 430 metres over the last 2 years.
The most recent example is 3, Reardon Way, Erith, DA8 2GA, a freehold house which sold for £500,500 on the 8th August 2023.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Empire Way, Erith, DA8 has a total of 32 addresses. According to our analysis of all the public data, 2, Empire Way, Erith is the 6th largest and the most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in DA8.
The closest station to 2, Empire Way, Erith is Slade Green station which is 700 metres away.
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 2, Empire Way, 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 2, Empire Way, 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 2, Empire Way, 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 2, Empire Way, 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.
