According to the public record, 23, The Nursery, Erith is a period freehold house with 1,140 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Nursery, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
23, The Nursery, Erith has 21 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated April 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 23 The Nursery Erith as £361,731 and the rental value as £1,924 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 23 The Nursery Erith has increased by £2,232 (0.6%) and its rental value has increased by £100 per month (5.2%).
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 23, The Nursery, Erith is in very good condition we estimate a sale value of £379,818 and rental value of £2,020 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,410 and a rental value of £1,789 per month.
If you were able to purchase this property for the estimated value of £361,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,778 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, 23, The Nursery, Erith sits on a plot of 193m2.
We have plot size data on 13 out of 21 other houses in the postcode and 23, The Nursery, Erith sits on the 11th largest plot.
According to HM Land Registry, 23, The Nursery, Erith was last sold on 23 Sep 2022 for £390,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, The Nursery, Erith within a radius of 360 metres over the last 2 years.
The most recent example is 14, Thanet Road, Erith, DA8 3RB, a Freehold house which sold for £364,500 in Sep 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Nursery, Erith, DA8 has a total of 67 addresses. According to our analysis of all the public data, 23, The Nursery, Erith is the 13th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in DA8.
23, The Nursery, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 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 23, The Nursery, 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 23, The Nursery, Erith, 40.1% of property is socially rented and 24.9% is privately rented.
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 23, The Nursery, Erith, 26.9% of residents are recorded as possessing school level qualifications and 28.0% 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 23, The Nursery, 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 23, The Nursery, 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 23, The Nursery, Erith, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.