28, Arran Close, Erith has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 28, Arran Close, Erith is in very good condition we estimate a sale value of £431,140 and rental value of £2,079 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,867 and a rental value of £1,841 per month.
If you were able to purchase this property for the estimated value of £410,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,018 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, 28, Arran Close, Erith sits on a plot of 212m2.
We have plot size data on 21 out of 44 other houses in the postcode and 28, Arran Close, Erith sits on the 8th largest plot.
According to HM Land Registry, 28, Arran Close, Erith was last sold on 08 Jul 2022 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Arran Close, Erith within a radius of 570 metres over the last 2 years.
The most recent example is 29, Arran Close, Erith, DA8 3SL, a Freehold house which sold for £377,500 in Oct 2021.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arran Close, Erith, DA8 has a total of 44 addresses. According to our analysis of all the public data, 28, Arran Close, Erith is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in DA8.
28, Arran Close, Erith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas, Air source heat pump, warm air, electric.
According to the public record, 28, Arran Close, Erith is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 212 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Arran Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 28 Arran Close Erith as £410,610 and the rental value as £1,980 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 28 Arran Close Erith has increased by £2,298 (0.6%) and its rental value has increased by £102 per month (5.1%).
The closest station to 28, Arran Close, Erith is Erith station which is 400 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 28, Arran Close, Erith, 50.0% of property is privately owned outright and 32.5% 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 28, Arran Close, Erith, 21.7% of residents are recorded as possessing school level qualifications and 31.0% 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 28, Arran Close, Erith, the average age was 38.8 and the most common age was 37.
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 28, Arran 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 28, Arran Close, Erith, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.