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According to the public record, 31, Beacon Road, Erith is a mid-century apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Beacon Road, Erith is £178,240 and the estimated rental value is £1,108 per month.
Beacon Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
31, Beacon Road, Erith has no records in the the Land Registry and a single entry in the EPC database dated December 2019.
We combine this information with public data 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 31, Beacon Road, Erith is in very good condition we estimate a sale value of £187,152 and a rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,763 and a rental value of £1,030 per month.
Over the last 12 months the sale value of 31 Beacon Road Erith has increased by an estimated £2,428 (1.4%) and its rental value has increased by an estimated £60 per month (5.4%), giving an expected gross yield of 7.5%.
31, Beacon Road, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Beacon Road, Erith within a radius of 630 metres over the last 2 years.
The most recent example is 61, Canada Road, Erith, DA8 2HF, a leasehold flat which sold for £160,000 on the 14th June 2019.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Road, Erith, DA8 has a total of 40 addresses. According to our analysis of all the public data, 31, Beacon Road, Erith is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in DA8.
The closest station to 31, Beacon Road, Erith is Slade Green station which is 700 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Beacon Road, Erith, 44.4% of property is privately owned with a mortgage and 30.2% 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 31, Beacon Road, Erith, 30.0% of residents are recorded as possessing school level qualifications and 45.6% 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 31, Beacon 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 31, Beacon Road, Erith, 1.1% 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 31, Beacon 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.