According to the public record, 14, Reddy Road, Erith is a mid-century freehold house with 936 ft2 of internal area and sits on a 187 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reddy Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
14, Reddy Road, Erith has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Reddy Road Erith as £348,058 and the rental value as £1,872 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 14 Reddy Road Erith has increased by £5,721 (1.6%) and its rental value has increased by £117 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 14, Reddy Road, Erith is in very good condition we estimate a sale value of £365,460 and rental value of £1,965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,694 and a rental value of £1,741 per month.
If you were able to purchase this property for the estimated value of £348,058, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,711 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 data from HM Land Registry, 14, Reddy Road, Erith sits on a plot of 187m2.
We have plot size data on 11 out of 21 other houses in the postcode and 14, Reddy Road, Erith sits on the 3rd largest plot.
According to HM Land Registry, 14, Reddy Road, Erith was last sold on 20 Nov 2013 for £176,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 79.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Reddy Road, Erith within a radius of 370 metres over the last 2 years.
The most recent example is 13, Compton Place, Erith, DA8 1RY, a Freehold house which sold for £355,000 in Sep 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reddy Road, Erith, DA8 has a total of 33 addresses. According to our analysis of all the public data, 14, Reddy Road, Erith is the 25th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in DA8.
14, Reddy Road, Erith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 May 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 14, Reddy Road, Erith is Erith station which is 900 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 14, Reddy Road, Erith, 42.5% of property is socially rented and 30.9% 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 14, Reddy Road, Erith, 29.3% of residents are recorded as possessing school level qualifications and 32.4% 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 14, Reddy Road, Erith, 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 14, Reddy 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 14, Reddy Road, Erith, 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.