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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Valence Road, Erith is £348,016 and the estimated rental value is £1,847 per month.
Valence Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
23, Valence Road, Erith has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated April 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 23, Valence Road, Erith is in very good condition we estimate a sale value of £365,417 and a rental value of £1,940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,655 and a rental value of £1,718 per month.
Over the last 12 months the sale value of 23 Valence Road Erith has increased by an estimated £3,782 (1.1%) and its rental value has increased by an estimated £97 per month (5.2%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 23, Valence Road, Erith sits on a plot of 210m2.
We have plot size data on 26 out of 36 other houses in the postcode and 23, Valence Road, Erith sits on the 14th largest plot.
23, Valence Road, Erith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Valence Road, Erith was last sold on 20th August 2012 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2012, the market for similar properties has risen 114.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Valence Road, Erith within a radius of 540 metres over the last 2 years.
The most recent example is 37, Valence Road, Erith, DA8 3JT, a freehold house which sold for £330,000 on the 28th October 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valence Road, Erith, DA8 has a total of 52 addresses. According to our analysis of all the public data, 23, Valence Road, Erith is the 44th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in DA8.
The closest station to 23, Valence Road, Erith is Erith station which is 900 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, Valence Road, Erith, 43.9% of property is socially rented and 29.8% is privately owned with a mortgage.
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 23, Valence Road, Erith, 24.7% of residents are recorded as possessing school level qualifications and 29.2% 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 23, Valence Road, Erith, the average age was 37.6 and the most common age was 32.
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 23, Valence Road, Erith, 0.3% 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 23, Valence Road, Erith, 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.