According to the public record, 34, Colyers Lane, Erith is a period freehold house with 1,550 ft2 of internal area and sits on a 469 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Colyers Lane, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
34, Colyers Lane, Erith has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated August 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 34 Colyers Lane Erith as £504,422 and the rental value as £2,387 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 34 Colyers Lane Erith has increased by £927 (0.2%) and its rental value has increased by £113 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 34, Colyers Lane, Erith is in very good condition we estimate a sale value of £529,643 and rental value of £2,507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,112 and a rental value of £2,220 per month.
If you were able to purchase this property for the estimated value of £504,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,479 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, 34, Colyers Lane, Erith sits on a plot of 469m2.
We have plot size data on 3 out of 6 other houses in the postcode and 34, Colyers Lane, Erith sits on the 2nd largest plot.
According to HM Land Registry, 34, Colyers Lane, Erith was last sold on 14 Mar 2022 for £520,000 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 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Colyers Lane, Erith within a radius of 480 metres over the last 2 years.
The most recent example is 16, Heath Way, Erith, DA8 3LY, a Freehold house which sold for £550,000 in Apr 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colyers Lane, Erith, DA8 has a total of 179 addresses. According to our analysis of all the public data, 34, Colyers Lane, Erith is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in DA8.
34, Colyers Lane, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 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 34, Colyers Lane, Erith is Barnehurst station which is 800 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 34, Colyers Lane, Erith, 50.8% of property is privately owned with a mortgage and 38.3% is privately owned outright.
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 34, Colyers Lane, Erith, 20.1% of residents are recorded as possessing school level qualifications and 35.4% 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 34, Colyers Lane, Erith, the average age was 40.8 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 34, Colyers Lane, 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 34, Colyers Lane, 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.