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387, Erith Road, Erith appears in the public record as a freehold house sitting on a 435 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,118 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 387, Erith Road, Erith is £367,962 and its rental estimate is £2,049 per month, given the available information and assuming reasonable condition.
Erith Road, Northumberland Heath, Erith, DA8 falls within the DA8 postal district, in the borough of Bexley.
387, Erith Road, Erith has 21 entries in the Land Registry , most recently in April 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 387, Erith Road, Erith, we estimate a market value of £386,360 and a rental value of £2,151 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £342,204 and £1,905 per month respectively.
Over the last year, 387, Erith Road, Erith has seen its estimated sale value decline by £1,727 (0.5%) and its estimated rental value climb by £80 per month (3.9%). This results in an estimated gross rental yield of 6.7%.
HM Land Registry records the plot of land for 387, Erith Road, Erith as measuring 435 m2.
That makes it the largest plot in the postcode, where all 18 other houses have recorded plot data.
The most recent sale of 387, Erith Road, Erith completed on 30th April 2021 at £430,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.3% over the period since April 2021.
Over the past 2 years 3 properties similar to 387, Erith Road, Erith have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th April 2023, was 1, Stonecroft Road, Erith, DA8 1HP, a freehold house which sold for £400,000.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 68 addresses on Erith Road, Northumberland Heath, Erith, DA8, 387, Erith Road, Erith comes out as the 11th largest and the 38th most expensive in our analysis of the public data.
It is also £26k more expensive than the average property across the DA8 district.
From 387, Erith Road, Erith, the nearest station is Barnehurst, 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 387, Erith Road, Erith, 45.0% of property is privately owned with a mortgage and 35.8% 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 387, Erith Road, Erith, 18.5% of residents are recorded as possessing school level qualifications and 29.4% 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 387, Erith Road, Erith, the average age was 40.8 and the most common age was 37.
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 387, Erith 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 387, Erith Road, Erith, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.