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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Loampit Road, Erith is £621,822 and the estimated rental value is £3,032 per month.
Loampit Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
24, Loampit Road, Erith has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated October 2018.
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 24, Loampit Road, Erith is in very good condition we estimate a sale value of £652,914 and a rental value of £3,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £578,295 and a rental value of £2,820 per month.
Over the last 12 months the sale value of 24 Loampit Road Erith has decreased by an estimated £528 (0.1%) and its rental value has increased by an estimated £126 per month (4.2%), giving an expected gross yield of 5.9%.
24, Loampit Road, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 24, Loampit Road, Erith was last sold on 28th February 2019 for £580,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since February 2019, the market for similar properties has dropped 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Loampit Road, Erith within a radius of 510 metres over the last 2 years.
The most recent example is 22, Loampit Road, Erith, DA8 1FH, a leasehold house which sold for £575,000 on the 23rd November 2018.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loampit Road, Erith, DA8 has a total of 56 addresses. According to our analysis of all the public data, 24, Loampit Road, Erith is the largest and the most expensive property on the street.
When compared to the postcode district it is £278k more expensive than the average property in DA8.
The closest station to 24, Loampit Road, Erith is Erith 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 24, Loampit 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 24, Loampit 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 24, Loampit 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 24, Loampit 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.