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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, The Drive, Erith is a early-century freehold house with 947 ft2 of internal area and sits on a 198 m2 plot.
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 4, The Drive, Erith is £427,463 and the estimated rental value is £2,033 per month.
The Drive, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
4, The Drive, Erith has 2 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, The Drive, Erith is in very good condition we estimate a sale value of £448,836 and a rental value of £2,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,541 and a rental value of £1,891 per month.
Over the last 12 months the sale value of 4 The Drive Erith has increased by an estimated £4,645 (1.1%) and its rental value has increased by an estimated £106 per month (5.2%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 4, The Drive, Erith sits on a plot of 198m2.
We have plot size data on 30 out of 32 other houses in the postcode and 4, The Drive, Erith sits on the 24th largest plot.
4, The Drive, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, The Drive, Erith was last sold on 21st December 2015 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2015, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, The Drive, Erith within a radius of 520 metres over the last 2 years.
The most recent example is 15, Lochmere Close, Erith, DA8 1EA, a freehold house which sold for £430,000 on the 17th October 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Erith, DA8 has a total of 34 addresses. According to our analysis of all the public data, 4, The Drive, Erith is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in DA8.
The closest station to 4, The Drive, Erith is Barnehurst station which is 1.3 kilometres 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 4, The Drive, 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 4, The Drive, 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 4, The Drive, 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 4, The Drive, 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 4, The Drive, 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.
