According to the public record, 11, Mildred Road, Erith is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 968 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mildred Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
11, Mildred Road, Erith has a single entry in the Land Registry database from March 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Mildred Road Erith as £353,566 and the rental value as £1,869 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 11 Mildred Road Erith has increased by £5,874 (1.7%) and its rental value has increased by £118 per month (6.3%).
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 11, Mildred Road, Erith is in very good condition we estimate a sale value of £371,244 and rental value of £1,962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,816 and a rental value of £1,738 per month.
If you were able to purchase this property for the estimated value of £353,566, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,738 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 11, Mildred Road, Erith was last sold on 22 Mar 2006 for £147,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Mildred Road, Erith within a radius of 500 metres over the last 2 years.
The most recent example is 5, Winifred Road, Erith, DA8 1AJ, a Freehold house which sold for £375,000 in Oct 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mildred Road, Erith, DA8 has a total of 36 addresses. According to our analysis of all the public data, 11, Mildred Road, Erith is the 9th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in DA8.
The closest station to 11, Mildred Road, Erith is Erith station which is 300 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 11, Mildred Road, Erith, 33.1% of property is privately rented and 26.3% 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 11, Mildred Road, Erith, 27.6% of residents are recorded as possessing school level qualifications and 40.2% 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 11, Mildred Road, Erith, the average age was 34.2 and the most common age was 7.
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 11, Mildred 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 11, Mildred 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.