According to the public record, 3, Butler Drive, Erith is a modern freehold house with 1,140 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Butler Drive, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
3, Butler Drive, Erith has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated October 2015.
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 3 Butler Drive Erith as £377,064 and the rental value as £2,005 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 3 Butler Drive Erith has increased by £3,283 (0.9%) and its rental value has increased by £110 per month (5.5%).
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 3, Butler Drive, Erith is in very good condition we estimate a sale value of £395,917 and rental value of £2,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,669 and a rental value of £1,865 per month.
If you were able to purchase this property for the estimated value of £377,064, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,853 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, 3, Butler Drive, Erith sits on a plot of 140m2.
We have plot size data on 16 out of 48 other houses in the postcode and 3, Butler Drive, Erith sits on the 4th largest plot.
According to HM Land Registry, 3, Butler Drive, Erith was last sold on 23 Oct 2015 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 31.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Butler Drive, Erith within a radius of 400 metres over the last 2 years.
The most recent example is 38, Badlow Close, Erith, DA8 3SA, a Freehold house which sold for £359,000 in Mar 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Butler Drive, Erith, DA8 has a total of 48 addresses. According to our analysis of all the public data, 3, Butler Drive, Erith is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in DA8.
3, Butler Drive, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Butler Drive, 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 3, Butler Drive, Erith, 44.4% of property is privately owned with a mortgage and 28.9% is socially 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 3, Butler Drive, Erith, 38.0% of residents are recorded as possessing school level qualifications and 43.1% 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 3, Butler Drive, 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 3, Butler Drive, Erith, 1.2% 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 3, Butler Drive, 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.