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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, 53, Newbery Road, Erith is a mid-century leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Newbery Road, Erith is £292,254 and the estimated rental value is £1,740 per month.
Newbery Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
53, Newbery Road, Erith has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 53, Newbery Road, Erith is in very good condition we estimate a sale value of £306,867 and a rental value of £1,828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,796 and a rental value of £1,619 per month.
Over the last 12 months the sale value of 53 Newbery Road Erith has decreased by an estimated £637 (0.2%) and its rental value has increased by an estimated £64 per month (3.7%), giving an expected gross yield of 7.1%.
53, Newbery Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 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, 53, Newbery Road, Erith was last sold on 14th February 2020 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2020, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Newbery Road, Erith within a radius of 440 metres over the last 2 years.
The most recent example is 64A, Peareswood Road, Erith, DA8 2HP, a leasehold flat which sold for £265,000 on the 31st May 2022.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newbery Road, Erith, DA8 has a total of 90 addresses. According to our analysis of all the public data, 53, Newbery Road, Erith is the 11th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in DA8.
The closest station to 53, Newbery Road, Erith is Slade Green station which is 500 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 53, Newbery Road, Erith, 36.3% of property is privately owned with a mortgage and 31.1% is socially rented.
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 53, Newbery Road, Erith, 27.4% of residents are recorded as possessing school level qualifications and 28.9% 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 53, Newbery 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 53, Newbery 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 53, Newbery Road, Erith, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
