According to the public record, 4, Thanet Road, Erith is a period freehold house with 979 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thanet Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
4, Thanet Road, Erith has a single entry in the Land Registry database from May 2020 and a single entry in the EPC database dated December 2019.
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 Thanet Road Erith as £342,099 and the rental value as £1,829 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 4 Thanet Road Erith has increased by £6,035 (1.8%) and its rental value has increased by £117 per month (6.4%).
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, Thanet Road, Erith is in very good condition we estimate a sale value of £359,204 and rental value of £1,920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,152 and a rental value of £1,701 per month.
If you were able to purchase this property for the estimated value of £342,099, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,681 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, Thanet Road, Erith sits on a plot of 149m2.
We have plot size data on 25 out of 48 other houses in the postcode and 4, Thanet Road, Erith sits on the 23rd largest plot.
According to HM Land Registry, 4, Thanet Road, Erith was last sold on 18 May 2020 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Thanet Road, Erith within a radius of 380 metres over the last 2 years.
The most recent example is 12, Thanet Road, Erith, DA8 3RB, a Freehold house which sold for £340,000 in Oct 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thanet Road, Erith, DA8 has a total of 58 addresses. According to our analysis of all the public data, 4, Thanet Road, Erith is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in DA8.
4, Thanet Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Dec 2019.
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, Thanet Road, Erith is Erith 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 4, Thanet Road, Erith, 47.2% of property is socially rented and 23.6% 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, Thanet Road, Erith, 27.1% 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 4, Thanet 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 4, Thanet 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, Thanet Road, Erith, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.