Richmer Road, Erith, DA8 is a residential street which is the 237th longest street in the DA8 area.
It contains 65 residential addresses consisting of 31 houses and 34 flats and the most common type of property is a modern flat built after 1980.
The average house value is £308,786. Sales values have increased in the last 12 months by 0.7% and Rental values have increased by 5.3%.
Property sale values range from £258,433 for a leasehold flat, with 2 bedrooms split across 603 square feet of gross internal area and has no outside space to £541,480 for a freehold house, with 4 bedrooms split across 1,313 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Richmer Road, Erith, DA8 is £394/ft2.
Properties achieve a rental yield of between 5.3% and 6.8%, and rental values range from £1,386 to £2,399 per month.
The last sale was 08 Sep 2022 for £485,000 and since then the market in the area has decreased by -2.6%. The street has had a total of 4 sales since 1995.
Richmer Road, Erith, DA8 has seen 4 sales in the last three years and no sales in the last twelve months.
Richmer Road, Erith, DA8 is the 237th largest and the 92nd most expensive street in the DA8 area.
There are 3 postcodes on Richmer Road, Erith, DA8.
Richmer Road, Erith, DA8 is a residential street located in DA8 containing 31 houses and 34 flats.
The most common property type on Richmer Road, Erith, DA8 is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Richmer Road, Erith, DA8 is Slade Green station which is 800 metres away.
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 Richmer Road, Erith, DA8, 47.7% of property is socially rented and 23.1% 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 Richmer Road, Erith, DA8, 30.1% of residents are recorded as possessing school level qualifications and 34.6% 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 Richmer Road, Erith, DA8, 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 Richmer Road, Erith, DA8, 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 Richmer Road, Erith, DA8, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.