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According to the public record, 46, Ballast Road, Erith is a modern freehold house with 1,496 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, Ballast Road, Erith is £574,619 and the estimated rental value is £2,676 per month.
Ballast Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
46, Ballast Road, Erith has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 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 46, Ballast Road, Erith is in very good condition we estimate a sale value of £603,350 and a rental value of £2,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,396 and a rental value of £2,489 per month.
Over the last 12 months the sale value of 46 Ballast Road Erith has increased by an estimated £1,772 (0.3%) and its rental value has increased by an estimated £115 per month (4.3%), giving an expected gross yield of 5.6%.
46, Ballast Road, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump , electric.
According to HM Land Registry, 46, Ballast Road, Erith was last sold on 16th December 2022 for £587,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Ballast Road, Erith within a radius of 510 metres over the last 2 years.
The most recent example is 35, Strata Road, Erith, DA8 1FL, a leasehold house which sold for £263,250 on the 20th May 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ballast Road, Erith, DA8 has a total of 106 addresses. According to our analysis of all the public data, 46, Ballast Road, Erith is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in DA8.
The closest station to 46, Ballast Road, Erith is Erith station which is 800 metres away.
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 46, Ballast Road, Erith, % of property is and % is .
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 46, Ballast Road, Erith, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 46, Ballast 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 46, Ballast Road, Erith, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.