According to the public record, 16, Beacon Road, Erith is a mid-century freehold house with 818 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Beacon Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
16, Beacon Road, Erith has 21 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated July 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 16 Beacon Road Erith as £344,041 and the rental value as £1,809 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Beacon Road Erith has increased by £5,414 (1.6%) and its rental value has increased by £113 per month (6.2%).
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 16, Beacon Road, Erith is in very good condition we estimate a sale value of £361,243 and rental value of £1,900 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,958 and a rental value of £1,683 per month.
If you were able to purchase this property for the estimated value of £344,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,691 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, 16, Beacon Road, Erith sits on a plot of 226m2.
We have plot size data on 18 out of 21 other houses in the postcode and 16, Beacon Road, Erith sits on the 7th largest plot.
According to HM Land Registry, 16, Beacon Road, Erith was last sold on 11 Nov 2013 for £207,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 79.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Beacon Road, Erith within a radius of 640 metres over the last 2 years.
The most recent example is 267, Slade Green Road, Erith, DA8 2JW, a Freehold house which sold for £345,000 in Oct 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Road, Erith, DA8 has a total of 40 addresses. According to our analysis of all the public data, 16, Beacon Road, Erith is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in DA8.
16, Beacon Road, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Beacon Road, Erith is Slade Green station which is 700 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 16, Beacon Road, Erith, 44.4% of property is privately owned with a mortgage and 30.2% is socially rented.
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 16, Beacon Road, Erith, 30.0% of residents are recorded as possessing school level qualifications and 45.6% 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 16, Beacon 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 16, Beacon Road, Erith, 1.1% 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 16, Beacon 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.