According to the public record, 4, Chipstead Road, Erith is a mid-century freehold house with 914 ft2 of internal area and sits on a 280 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chipstead Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
4, Chipstead Road, Erith has a single entry in the Land Registry database from July 2014 and a single entry in the EPC database dated March 2014.
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 4 Chipstead Road Erith as £370,192 and the rental value as £1,920 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 4 Chipstead Road Erith has increased by £5,947 (1.6%) and its rental value has increased by £120 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 4, Chipstead Road, Erith is in very good condition we estimate a sale value of £388,702 and rental value of £2,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,278 and a rental value of £1,786 per month.
If you were able to purchase this property for the estimated value of £370,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,819 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, 4, Chipstead Road, Erith sits on a plot of 280m2.
We have plot size data on 20 out of 26 other houses in the postcode and 4, Chipstead Road, Erith sits on the 13th largest plot.
According to HM Land Registry, 4, Chipstead Road, Erith was last sold on 31 Jul 2014 for £203,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2014, the market for similar properties has risen 59.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Chipstead Road, Erith within a radius of 400 metres over the last 2 years.
The most recent example is 153, Frinsted Road, Erith, DA8 3LF, a Freehold house which sold for £390,000 in Apr 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chipstead Road, Erith, DA8 has a total of 27 addresses. According to our analysis of all the public data, 4, Chipstead Road, Erith is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in DA8.
4, Chipstead Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2014.
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 4, Chipstead Road, Erith is Slade Green 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 4, Chipstead Road, Erith, 38.7% of property is socially rented and 30.7% 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 4, Chipstead Road, Erith, 29.5% of residents are recorded as possessing school level qualifications and 26.5% 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 4, Chipstead Road, Erith, the average age was 37.6 and the most common age was 32.
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 4, Chipstead 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 4, Chipstead Road, Erith, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.