According to the public record, 19, Reardon Way, Erith is a modern freehold house with 1,291 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reardon Way, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
19, Reardon Way, Erith has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated April 2023.
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 good condition, we estimate the current sale value for 19 Reardon Way Erith as £533,955 and the rental value as £2,382 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 19 Reardon Way Erith has increased by £1,360 (0.3%) and its rental value has increased by £115 per month (4.8%).
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 19, Reardon Way, Erith is in very good condition we estimate a sale value of £560,653 and rental value of £2,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £496,578 and a rental value of £2,215 per month.
If you were able to purchase this property for the estimated value of £533,955, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,624 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, 19, Reardon Way, Erith was last sold on 27 Apr 2023 for £535,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Reardon Way, Erith within a radius of 410 metres over the last 2 years.
The most recent example is 17, Reardon Way, Erith, DA8 2GA, a Freehold house which sold for £525,000 in Apr 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reardon Way, Erith, DA8 has a total of 12 addresses. According to our analysis of all the public data, 19, Reardon Way, Erith is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £196k more expensive than the average property in DA8.
19, Reardon Way, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 19, Reardon Way, 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 19, Reardon Way, Erith, % of property is and % is .
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 19, Reardon Way, Erith, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 19, Reardon Way, Erith, 0.0% of property was a second home.
Comparison figures for This region 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 19, Reardon Way, Erith, there are an average of 0.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.