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According to the public record, 97, Pier Road, Erith is a modern leasehold apartment with 592 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 97, Pier Road, Erith is £217,733 and the estimated rental value is £1,320 per month.
Pier Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
97, Pier Road, Erith has 21 entries in the Land Registry , most recently in October 2011 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property 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 97, Pier Road, Erith is in very good condition we estimate a sale value of £228,619 and a rental value of £1,386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,491 and a rental value of £1,227 per month.
Over the last 12 months the sale value of 97 Pier Road Erith has increased by an estimated £798 (0.4%) and its rental value has increased by an estimated £56 per month (4.3%), giving an expected gross yield of 7.3%.
97, Pier Road, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2021.
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, 97, Pier Road, Erith was last sold on 28th October 2011 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2011, the market for similar properties has risen 86.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Pier Road, Erith within a radius of 540 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, 97, Pier Road, Erith is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in DA8.
The closest station to 97, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 97, 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 97, 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 97, 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 97, 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.