According to the public record, 257, Colyers Lane, Erith is a modern house with 473 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Colyers Lane, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
257, Colyers Lane, Erith has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2013.
We combine this information with public data 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 257 Colyers Lane Erith as £286,320 and the rental value as £1,390 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 257 Colyers Lane Erith has increased by £8,768 (3.1%) and its rental value has increased by £108 per month (7.8%).
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 257, Colyers Lane, Erith is in very good condition we estimate a sale value of £300,636 and rental value of £1,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,278 and a rental value of £1,293 per month.
If you were able to purchase this property for the estimated value of £286,320, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,407 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, 257, Colyers Lane, Erith was last sold on 26 Sep 1996 for £43,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 257, Colyers Lane, Erith within a radius of 400 metres over the last 2 years.
The most recent example is 38, Drummond Close, Erith, DA8 3QS, a Freehold house which sold for £237,500 in Aug 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colyers Lane, Erith, DA8 has a total of 179 addresses. According to our analysis of all the public data, 257, Colyers Lane, Erith is the 178th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in DA8.
257, Colyers Lane, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 257, Colyers Lane, Erith is Slade Green station which is 900 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 257, Colyers Lane, Erith, 38.7% of property is socially rented and 30.7% 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 257, Colyers Lane, Erith, 29.5% of residents are recorded as possessing school level qualifications and 26.5% 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 257, Colyers Lane, Erith, the average age was 37.6 and the most common age was 32.
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 257, Colyers Lane, 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 257, Colyers Lane, 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.