According to the public record, 2, Northumberland Close, Erith is a early-century freehold house with 904 ft2 of internal area and sits on a 238 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Northumberland Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
2, Northumberland Close, Erith has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated October 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 2 Northumberland Close Erith as £393,266 and the rental value as £1,896 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Northumberland Close Erith has increased by £4,820 (1.2%) and its rental value has increased by £111 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 2, Northumberland Close, Erith is in very good condition we estimate a sale value of £412,929 and rental value of £1,990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,737 and a rental value of £1,763 per month.
If you were able to purchase this property for the estimated value of £393,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,933 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, 2, Northumberland Close, Erith sits on a plot of 238m2.
We have plot size data on 7 out of 10 other houses in the postcode and 2, Northumberland Close, Erith sits on the 2nd largest plot.
According to HM Land Registry, 2, Northumberland Close, Erith was last sold on 22 Oct 2021 for £387,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Northumberland Close, Erith within a radius of 470 metres over the last 2 years.
The most recent example is 43, Barnehurst Avenue, Erith, DA8 3NF, a Freehold house which sold for £336,000 in Nov 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northumberland Close, Erith, DA8 has a total of 11 addresses. According to our analysis of all the public data, 2, Northumberland Close, Erith is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in DA8.
2, Northumberland Close, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 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 2, Northumberland Close, Erith is Barnehurst 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 2, Northumberland Close, Erith, 38.2% of property is privately rented and 33.8% 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 2, Northumberland Close, Erith, 23.1% of residents are recorded as possessing school level qualifications and 25.4% 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 2, Northumberland Close, Erith, the average age was 38.4 and the most common age was 12.
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 2, Northumberland 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 2, Northumberland Close, Erith, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.