According to the public record, 32, Chalk Road, Erith is a modern freehold house with 1,280 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chalk Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
32, Chalk Road, Erith has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated September 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 good condition, we estimate the current sale value for 32 Chalk Road Erith as £491,235 and the rental value as £2,299 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 32 Chalk Road Erith has increased by £919 (0.2%) and its rental value has increased by £109 per month (4.7%).
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 32, Chalk Road, Erith is in very good condition we estimate a sale value of £515,797 and rental value of £2,414 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,848 and a rental value of £2,138 per month.
If you were able to purchase this property for the estimated value of £491,235, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,414 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, 32, Chalk Road, Erith was last sold on 21 Mar 2022 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Chalk Road, Erith within a radius of 530 metres over the last 2 years.
The most recent example is 13, Loampit Road, Erith, DA8 1FT, a Freehold house which sold for £480,000 in Oct 2021.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chalk Road, Erith, DA8 has a total of 3 addresses. According to our analysis of all the public data, 32, Chalk Road, Erith is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in DA8.
32, Chalk Road, Erith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 32, Chalk Road, Erith is Erith 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 32, Chalk Road, Erith, 42.8% of property is privately owned outright and 38.4% 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 32, Chalk Road, Erith, 16.8% of residents are recorded as possessing school level qualifications and 26.8% 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 32, Chalk Road, 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 32, Chalk Road, 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 32, Chalk 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.