According to the public record, 18, Alford Road, Erith is a period freehold house with 796 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alford Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
18, Alford Road, Erith has 31 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated August 2022.
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 18 Alford Road Erith as £316,697 and the rental value as £1,736 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 18 Alford Road Erith has increased by £5,359 (1.7%) and its rental value has increased by £110 per month (6.4%).
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 18, Alford Road, Erith is in very good condition we estimate a sale value of £332,532 and rental value of £1,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,528 and a rental value of £1,615 per month.
If you were able to purchase this property for the estimated value of £316,697, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,556 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, 18, Alford Road, Erith sits on a plot of 136m2.
We have plot size data on 17 out of 27 other houses in the postcode and 18, Alford Road, Erith sits on the 10th largest plot.
According to HM Land Registry, 18, Alford Road, Erith was last sold on 27 Feb 2022 for £350,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Alford Road, Erith within a radius of 500 metres over the last 2 years.
The most recent example is 15, Alford Road, Erith, DA8 1PP, a Freehold house which sold for £375,000 in Jul 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alford Road, Erith, DA8 has a total of 35 addresses. According to our analysis of all the public data, 18, Alford Road, Erith is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in DA8.
18, Alford Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2022.
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 18, Alford Road, Erith is Erith 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 18, Alford Road, Erith, 38.1% of property is socially rented and 27.8% 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 18, Alford Road, Erith, 33.2% of residents are recorded as possessing school level qualifications and 27.3% 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 18, Alford 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 18, Alford 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 18, Alford 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.