According to the public record, 3, Park Crescent Road, Erith is a mid-century freehold house with 645 ft2 of internal area and sits on a 237 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Crescent Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
3, Park Crescent Road, Erith has 31 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated May 2021.
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 Park Crescent Road Erith as £417,178 and the rental value as £1,872 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 3 Park Crescent Road Erith has increased by £4,557 (1.1%) and its rental value has increased by £107 per month (5.7%).
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, Park Crescent Road, Erith is in very good condition we estimate a sale value of £438,037 and rental value of £1,966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,976 and a rental value of £1,741 per month.
If you were able to purchase this property for the estimated value of £417,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,050 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, Park Crescent Road, Erith sits on a plot of 237m2.
We have plot size data on 8 out of 17 other houses in the postcode and 3, Park Crescent Road, Erith sits on the 7th largest plot.
According to HM Land Registry, 3, Park Crescent Road, Erith was last sold on 10 Dec 2021 for £362,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Park Crescent Road, Erith within a radius of 550 metres over the last 2 years.
The most recent example is 19, Park Crescent Road, Erith, DA8 3DX, a Freehold house which sold for £475,000 in Jul 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Crescent Road, Erith, DA8 has a total of 17 addresses. According to our analysis of all the public data, 3, Park Crescent Road, Erith is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in DA8.
3, Park Crescent Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2021.
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 3, Park Crescent Road, Erith is Erith station which is 300 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 3, Park Crescent Road, Erith, 55.8% of property is privately owned outright and 31.0% 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 3, Park Crescent Road, Erith, 12.5% of residents are recorded as possessing school level qualifications and 31.1% 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, Park Crescent Road, Erith, the average age was 34.2 and the most common age was 7.
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, Park Crescent 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 3, Park Crescent Road, Erith, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.