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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, 54, Richmer Road, Erith is a modern house with 1,313 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 54, Richmer Road, Erith is £565,708 and the estimated rental value is £2,578 per month.
Richmer Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
54, Richmer Road, Erith has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 54, Richmer Road, Erith is in very good condition we estimate a sale value of £593,994 and a rental value of £2,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,109 and a rental value of £2,398 per month.
Over the last 12 months the sale value of 54 Richmer Road Erith has increased by an estimated £1,745 (0.3%) and its rental value has increased by an estimated £111 per month (4.3%), giving an expected gross yield of 5.5%.
54, Richmer Road, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Richmer Road, Erith within a radius of 410 metres over the last 2 years.
The most recent example is 17, Reardon Way, Erith, DA8 2GA, a freehold house which sold for £525,000 on the 28th April 2023.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmer Road, Erith, DA8 has a total of 65 addresses. According to our analysis of all the public data, 54, Richmer Road, Erith is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in DA8.
The closest station to 54, Richmer Road, Erith is Slade Green station which is 700 metres away.
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 54, Richmer 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 54, Richmer 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 54, Richmer 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 54, Richmer 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.
