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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, 40, South Road, Erith is a period freehold house with 1,065 ft2 of internal area and sits on a 111 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 40, South Road, Erith is £355,138 and the estimated rental value is £1,848 per month.
South Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
40, South Road, Erith has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated January 2022.
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 40, South Road, Erith is in very good condition we estimate a sale value of £372,894 and a rental value of £1,941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,278 and a rental value of £1,719 per month.
Over the last 12 months the sale value of 40 South Road Erith has increased by an estimated £3,859 (1.1%) and its rental value has increased by an estimated £97 per month (5.2%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 40, South Road, Erith sits on a plot of 111m2.
We have plot size data on 13 out of 14 other houses in the postcode and 40, South Road, Erith sits on the 11th largest plot.
40, South Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2022.
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, 40, South Road, Erith was last sold on 30th June 2022 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2022, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, South Road, Erith within a radius of 370 metres over the last 2 years.
The most recent example is 14, South Road, Erith, DA8 3RA, a freehold house which sold for £365,000 on the 18th October 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Road, Erith, DA8 has a total of 88 addresses. According to our analysis of all the public data, 40, South Road, Erith is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in DA8.
The closest station to 40, South Road, Erith is Erith station which is 900 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 40, South Road, Erith, 47.2% of property is socially rented and 23.6% is privately owned with a mortgage.
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 40, South Road, Erith, 27.1% of residents are recorded as possessing school level qualifications and 31.1% 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 40, South 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 40, South 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 40, South Road, Erith, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
