According to the public record, 221, Avenue Road, Erith is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,055 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Avenue Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
221, Avenue Road, Erith has 31 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 221 Avenue Road Erith as £377,798 and the rental value as £1,987 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 221 Avenue Road Erith has increased by £4,631 (1.2%) and its rental value has increased by £116 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 221, Avenue Road, Erith is in very good condition we estimate a sale value of £396,688 and rental value of £2,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,353 and a rental value of £1,848 per month.
If you were able to purchase this property for the estimated value of £377,798, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,857 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, 221, Avenue Road, Erith was last sold on 12 Jul 2007 for £225,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2007, the market for similar properties has risen 88.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 221, Avenue Road, Erith within a radius of 490 metres over the last 2 years.
The most recent example is 1, Horsa Road, Erith, DA8 1HH, a Freehold house which sold for £377,640 in Jun 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Road, Erith, DA8 has a total of 209 addresses. According to our analysis of all the public data, 221, Avenue Road, Erith is the 59th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in DA8.
The closest station to 221, Avenue Road, Erith is Erith station which is 1.0 kilometres 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 221, Avenue Road, 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 221, Avenue Road, 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 221, Avenue Road, 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 221, Avenue Road, 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 221, Avenue Road, 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.