According to the public record, 162, Riverdale Road, Erith is a period house with 1,506 ft2 of internal area and sits on a 358 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Riverdale Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
162, Riverdale Road, Erith has no records in the Land Registry database and a single entry in the EPC database dated August 2023.
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 162 Riverdale Road Erith as £514,473 and the rental value as £2,362 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 162 Riverdale Road Erith has decreased by £629 (0.1%) and its rental value has increased by £106 per month (4.5%).
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 162, Riverdale Road, Erith is in very good condition we estimate a sale value of £540,197 and rental value of £2,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,460 and a rental value of £2,196 per month.
If you were able to purchase this property for the estimated value of £514,473, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,528 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, 162, Riverdale Road, Erith sits on a plot of 358m2.
We have plot size data on 19 out of 22 other houses in the postcode and 162, Riverdale Road, Erith sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Riverdale Road, Erith within a radius of 560 metres over the last 2 years.
The most recent example is 308, Brook Street, Erith, DA8 1DY, a Freehold house which sold for £520,250 in Jan 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverdale Road, Erith, DA8 has a total of 347 addresses. According to our analysis of all the public data, 162, Riverdale Road, Erith is the largest and the most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in DA8.
162, Riverdale Road, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2023.
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 162, Riverdale Road, Erith is Belvedere station which is 1.2 kilometres 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 162, Riverdale Road, Erith, 43.5% of property is privately owned with a mortgage and 27.5% is privately 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 162, Riverdale Road, Erith, 27.0% of residents are recorded as possessing school level qualifications and 37.1% 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 162, Riverdale Road, Erith, the average age was 38.8 and the most common age was 37.
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 162, Riverdale Road, Erith, 0.3% 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 162, Riverdale 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.