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According to the public record, 29, Bridge Road, Erith is a mid-century leasehold apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Bridge Road, Erith is £289,244 and the estimated rental value is £1,745 per month.
Bridge Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
29, Bridge Road, Erith has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 29, Bridge Road, Erith is in very good condition we estimate a sale value of £303,706 and a rental value of £1,833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,997 and a rental value of £1,623 per month.
Over the last 12 months the sale value of 29 Bridge Road Erith has decreased by an estimated £630 (0.2%) and its rental value has increased by an estimated £64 per month (3.7%), giving an expected gross yield of 7.2%.
29, Bridge Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Room heaters, mains gas.
According to HM Land Registry, 29, Bridge Road, Erith was last sold on 4th August 2017 for £260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 29, Bridge Road, Erith within a radius of 480 metres over the last 2 years.
The most recent example is 53, Newbery Road, Erith, DA8 2BZ, a leasehold flat which sold for £275,000 on the 14th February 2020.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bridge Road, Erith, DA8 has a total of 106 addresses. According to our analysis of all the public data, 29, Bridge Road, Erith is the 11th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in DA8.
The closest station to 29, Bridge Road, Erith is Slade Green station which is 400 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 29, Bridge Road, Erith, 36.3% of property is privately owned with a mortgage and 31.1% is socially 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 29, Bridge Road, Erith, 27.4% of residents are recorded as possessing school level qualifications and 28.9% 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 29, Bridge Road, Erith, the average age was 33.5 and the most common age was 12.
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 29, Bridge 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 29, Bridge Road, Erith, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.