According to the public record, 3, Widgeon Road, Erith is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 744 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Widgeon Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
3, Widgeon Road, Erith has 41 entries in the Land Registry database, most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Widgeon Road Erith as £348,979 and the rental value as £1,761 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 3 Widgeon Road Erith has increased by £5,492 (1.6%) and its rental value has increased by £110 per month (6.2%).
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 3, Widgeon Road, Erith is in very good condition we estimate a sale value of £366,428 and rental value of £1,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,551 and a rental value of £1,638 per month.
If you were able to purchase this property for the estimated value of £348,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,715 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, 3, Widgeon Road, Erith was last sold on 16 May 2008 for £174,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2008, the market for similar properties has risen 102.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Widgeon Road, Erith within a radius of 780 metres over the last 2 years.
The most recent example is 35, Wallhouse Road, Erith, DA8 2JT, a Freehold house which sold for £315,000 in Jul 2021.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Widgeon Road, Erith, DA8 has a total of 15 addresses. According to our analysis of all the public data, 3, Widgeon Road, Erith is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in DA8.
The closest station to 3, Widgeon Road, 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 3, Widgeon Road, Erith, 53.9% of property is privately owned with a mortgage and 22.7% 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 3, Widgeon Road, Erith, 31.9% of residents are recorded as possessing school level qualifications and 42.7% 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, Widgeon Road, 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, Widgeon 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, Widgeon 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.