According to the public record, 18, Selkirk Drive, Erith is a modern leasehold house with 523 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Selkirk Drive, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
18, Selkirk Drive, Erith has a single entry in the Land Registry database from January 2020 and a single entry in the EPC database dated September 2010.
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 Selkirk Drive Erith as £254,607 and the rental value as £1,393 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 18 Selkirk Drive Erith has increased by £7,797 (3.1%) and its rental value has increased by £108 per month (7.8%).
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 18, Selkirk Drive, Erith is in very good condition we estimate a sale value of £267,338 and rental value of £1,463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,785 and a rental value of £1,296 per month.
If you were able to purchase this property for the estimated value of £254,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,251 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 HM Land Registry, 18, Selkirk Drive, Erith was last sold on 16 Jan 2020 for £185,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Selkirk Drive, Erith within a radius of 420 metres over the last 2 years.
The most recent example is 38, Drummond Close, Erith, DA8 3QS, a Freehold house which sold for £237,500 in Aug 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selkirk Drive, Erith, DA8 has a total of 93 addresses. According to our analysis of all the public data, 18, Selkirk Drive, Erith is the 79th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in DA8.
18, Selkirk Drive, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2010.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to 18, Selkirk Drive, Erith is Slade Green station which is 800 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, Selkirk Drive, Erith, 36.4% of property is privately owned with a mortgage and 22.7% is shared ownership.
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, Selkirk Drive, Erith, 12.1% of residents are recorded as possessing school level qualifications and 25.5% 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, Selkirk Drive, 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 18, Selkirk Drive, Erith, 0.9% 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, Selkirk Drive, 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.