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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, 59, Avenue Road, Erith is a period freehold house with 1,797 ft2 of internal area and sits on a 474 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 59, Avenue Road, Erith is £727,801 and the estimated rental value is £3,341 per month.
Avenue Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
59, Avenue Road, Erith has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 59, Avenue Road, Erith is in very good condition we estimate a sale value of £764,191 and a rental value of £3,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £676,855 and a rental value of £3,107 per month.
Over the last 12 months the sale value of 59 Avenue Road Erith has decreased by an estimated £619 (0.1%) and its rental value has increased by an estimated £139 per month (4.2%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 59, Avenue Road, Erith sits on a plot of 474m2.
We have plot size data on 27 out of 27 other houses in the postcode and 59, Avenue Road, Erith sits on the 6th largest plot.
59, Avenue Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2022.
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, 59, Avenue Road, Erith was last sold on 10th November 2023 for £735,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2023, the market for similar properties has dropped 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Avenue Road, Erith within a radius of 520 metres over the last 2 years.
The most recent example is 14, Lesney Park Road, Erith, DA8 3DG, a freehold house which sold for £900,000 on the 26th May 2023.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Road, Erith, DA8 has a total of 208 addresses. According to our analysis of all the public data, 59, Avenue Road, Erith is the 14th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £384k more expensive than the average property in DA8.
The closest station to 59, Avenue Road, Erith is Erith 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 59, Avenue Road, Erith, 43.6% of property is privately owned with a mortgage and 35.3% is privately owned outright.
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 59, Avenue Road, Erith, 20.8% of residents are recorded as possessing school level qualifications and 36.6% 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 59, Avenue Road, 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 59, Avenue Road, Erith, 0.5% 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 59, Avenue Road, 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.
