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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
According to the public record, 48, Wessex Drive, Erith is a mid-century freehold house with 818 ft2 of internal area and sits on a 242 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 48, Wessex Drive, Erith is £404,539 and the estimated rental value is £1,937 per month.
Wessex Drive, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
48, Wessex Drive, Erith has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 48, Wessex Drive, Erith is in very good condition we estimate a sale value of £424,766 and a rental value of £2,034 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,222 and a rental value of £1,802 per month.
Over the last 12 months the sale value of 48 Wessex Drive Erith has increased by an estimated £3,167 (0.8%) and its rental value has increased by an estimated £91 per month (4.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 48, Wessex Drive, Erith sits on a plot of 242m2.
We have plot size data on 37 out of 37 other houses in the postcode and 48, Wessex Drive, Erith sits on the 15th largest plot.
48, Wessex Drive, Erith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 48, Wessex Drive, Erith was last sold on 18th November 2014 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2014, the market for similar properties has risen 63.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Wessex Drive, Erith within a radius of 450 metres over the last 2 years.
The most recent example is 49, Wessex Drive, Erith, DA8 3AE, a freehold house which sold for £390,000 on the 10th October 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wessex Drive, Erith, DA8 has a total of 128 addresses. According to our analysis of all the public data, 48, Wessex Drive, Erith is the 44th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in DA8.
The closest station to 48, Wessex Drive, Erith is Slade Green station which is 700 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 48, Wessex Drive, Erith, 46.0% of property is privately owned outright and 37.2% 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 48, Wessex Drive, Erith, 18.0% of residents are recorded as possessing school level qualifications and 26.9% 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 48, Wessex Drive, Erith, the average age was 37.6 and the most common age was 32.
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 48, Wessex Drive, Erith, 0.3% 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 48, Wessex Drive, 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.
