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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 3, Lochmere Close, Erith is £381,176 and the estimated rental value is £1,810 per month.
Lochmere Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
3, Lochmere Close, Erith has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated July 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 3, Lochmere Close, Erith is in very good condition we estimate a sale value of £400,235 and a rental value of £1,900 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,494 and a rental value of £1,683 per month.
Over the last 12 months the sale value of 3 Lochmere Close Erith has increased by an estimated £4,142 (1.1%) and its rental value has increased by an estimated £95 per month (5.2%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 3, Lochmere Close, Erith sits on a plot of 200m2.
We have plot size data on 17 out of 19 other houses in the postcode and 3, Lochmere Close, Erith sits on the 13th largest plot.
3, Lochmere Close, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Lochmere Close, Erith was last sold on 14th December 2012 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen 73.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lochmere Close, Erith within a radius of 560 metres over the last 2 years.
The most recent example is 33, Collindale Avenue, Erith, DA8 1EF, a freehold house which sold for £403,000 on the 19th January 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lochmere Close, Erith, DA8 has a total of 19 addresses. According to our analysis of all the public data, 3, Lochmere Close, Erith is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in DA8.
The closest station to 3, Lochmere Close, Erith is Erith station which is 1.3 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Lochmere Close, Erith, 42.0% of property is privately owned with a mortgage and 39.3% is privately owned outright.
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 3, Lochmere Close, Erith, 22.6% of residents are recorded as possessing school level qualifications and 27.1% 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 3, Lochmere Close, Erith, the average age was 38.4 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 3, Lochmere Close, Erith, 0.6% 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 3, Lochmere Close, Erith, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.