According to the public record, 16, Lincoln Close, Erith is a mid-century house with 936 ft2 of internal area and sits on a 534 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lincoln Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
16, Lincoln Close, Erith has no records in the Land Registry database and a single entry in the EPC database dated November 2018.
We combine this information with public data 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 Lincoln Close Erith as £355,833 and the rental value as £1,885 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 16 Lincoln Close Erith has increased by £4,377 (1.2%) and its rental value has increased by £110 per month (5.8%).
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, Lincoln Close, Erith is in very good condition we estimate a sale value of £373,624 and rental value of £1,979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,924 and a rental value of £1,753 per month.
If you were able to purchase this property for the estimated value of £355,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,749 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, Lincoln Close, Erith sits on a plot of 534m2.
We have plot size data on 42 out of 53 other houses in the postcode and 16, Lincoln Close, Erith sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lincoln Close, Erith within a radius of 470 metres over the last 2 years.
The most recent example is 27, Lincoln Close, Erith, DA8 2EB, a Freehold house which sold for £310,000 in Mar 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lincoln Close, Erith, DA8 has a total of 127 addresses. According to our analysis of all the public data, 16, Lincoln Close, Erith is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in DA8.
16, Lincoln Close, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2018.
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, Lincoln Close, Erith is Slade Green station which is 600 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, Lincoln Close, Erith, 72.8% of property is socially rented and 11.2% 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 16, Lincoln Close, Erith, 30.4% of residents are recorded as possessing school level qualifications and 26.9% 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, Lincoln Close, Erith, the average age was 37.6 and the most common age was 32.
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, Lincoln Close, 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 16, Lincoln Close, Erith, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.