Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 55, Forest Road, Erith is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 809 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Forest Road, Erith is £261,896 and the estimated rental value is £1,557 per month.
Forest Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
55, Forest Road, Erith has 21 entries in the Land Registry , most recently in December 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 55, Forest Road, Erith is in very good condition we estimate a sale value of £274,991 and a rental value of £1,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,564 and a rental value of £1,448 per month.
Over the last 12 months the sale value of 55 Forest Road Erith has decreased by an estimated £2,887 (1.1%) and its rental value has increased by an estimated £47 per month (3.0%), giving an expected gross yield of 7.1%.
According to HM Land Registry, 55, Forest Road, Erith was last sold on 18th December 2009 for £197,311 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2009, the market for similar properties has risen 72.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Forest Road, Erith within a radius of 580 metres over the last 2 years.
The most recent example is Flat 3, The Sidings 1A, Moat Lane, Erith, DA8 2NG, a leasehold flat which sold for £200,000 on the 30th May 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, Erith, DA8 has a total of 56 addresses. According to our analysis of all the public data, 55, Forest Road, Erith is the 40th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in DA8.
The closest station to 55, Forest Road, Erith is Slade Green station which is 100 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Forest Road, Erith, 44.6% of property is socially rented and 22.3% 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 55, Forest Road, Erith, 19.3% of residents are recorded as possessing school level qualifications and 28.0% 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 55, Forest 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 55, Forest 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 55, Forest Road, Erith, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
