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By comparing it to neighbours, we estimate that it is a modern apartment with 647 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 83, Pier Road, Erith is £228,213 and the estimated rental value is £1,368 per month.
Pier Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
83, Pier Road, Erith has 21 entries in the Land Registry , most recently in February 2015 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 4 out of 5 and is considered of high 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 83, Pier Road, Erith is in very good condition we estimate a sale value of £239,623 and a rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,238 and a rental value of £1,272 per month.
Over the last 12 months the sale value of 83 Pier Road Erith has increased by an estimated £836 (0.4%) and its rental value has increased by an estimated £58 per month (4.3%), giving an expected gross yield of 7.2%.
According to HM Land Registry, 83, Pier Road, Erith was last sold on 27th February 2015 for £157,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2015, the market for similar properties has risen 42.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Pier Road, Erith within a radius of 530 metres over the last 2 years.
The most recent example is 55, Pier Road, Erith, DA8 1TB, a leasehold flat which sold for £215,000 on the 29th June 2023.
Read more about house prices in DA8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pier Road, Erith, DA8 has a total of 52 addresses. According to our analysis of all the public data, 83, Pier Road, Erith is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in DA8.
The closest station to 83, Pier 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 83, Pier 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 83, Pier 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 83, Pier 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 83, Pier 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.