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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, 55, Mill Road, Erith is a period freehold house with 1,679 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 55, Mill Road, Erith is £466,284 and the estimated rental value is £2,436 per month.
Mill Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
55, Mill Road, Erith has 21 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated May 2019.
We combine this information with that 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 55, Mill Road, Erith is in very good condition we estimate a sale value of £489,598 and a rental value of £2,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,644 and a rental value of £2,266 per month.
Over the last 12 months the sale value of 55 Mill Road Erith has increased by an estimated £1,438 (0.3%) and its rental value has increased by an estimated £105 per month (4.3%), giving an expected gross yield of 6.3%.
55, Mill Road, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 55, Mill Road, Erith was last sold on 10th October 2016 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2016, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Mill Road, Erith within a radius of 470 metres over the last 2 years.
The most recent example is 25, Hengist Road, Erith, DA8 1HB, a freehold house which sold for £360,000 on the 2nd August 2024.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Erith, DA8 has a total of 57 addresses. According to our analysis of all the public data, 55, Mill Road, Erith is the largest and the 5th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in DA8.
The closest station to 55, Mill Road, Erith is Barnehurst station which is 900 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 55, Mill Road, Erith, 29.6% of property is privately owned with a mortgage and 26.1% is privately 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 55, Mill Road, Erith, 23.3% of residents are recorded as possessing school level qualifications and 29.7% 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, Mill Road, Erith, the average age was 38.4 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, Mill Road, Erith, 0.9% 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, Mill Road, Erith, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
