According to the public record, 20, Forest Road, Erith is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 306 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Forest Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
20, Forest Road, Erith has a single entry in the Land Registry database from February 2007 and a single entry in the EPC database dated November 2014.
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 20 Forest Road Erith as £402,951 and the rental value as £2,062 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 20 Forest Road Erith has increased by £1,026 (0.3%) and its rental value has increased by £99 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 20, Forest Road, Erith is in very good condition we estimate a sale value of £423,099 and rental value of £2,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,745 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £402,951, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,980 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, 20, Forest Road, Erith sits on a plot of 306m2.
We have plot size data on 13 out of 20 other houses in the postcode and 20, Forest Road, Erith sits on the 9th largest plot.
According to HM Land Registry, 20, Forest Road, Erith was last sold on 09 Feb 2007 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 91.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Forest Road, Erith within a radius of 510 metres over the last 2 years.
The most recent example is 165, Bridge Road, Erith, DA8 2HS, a Freehold house which sold for £418,000 in Oct 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, Erith, DA8 has a total of 56 addresses. According to our analysis of all the public data, 20, Forest Road, Erith is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in DA8.
20, Forest Road, Erith has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Nov 2014.
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 20, Forest Road, Erith is Slade Green station which is 200 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 20, Forest Road, Erith, 47.5% of property is socially rented and 27.5% 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 20, Forest Road, Erith, 27.0% of residents are recorded as possessing school level qualifications and 30.8% 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 20, Forest Road, Erith, the average age was 33.5 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 20, Forest Road, Erith, 0.8% 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 20, Forest Road, Erith, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.