According to the public record, 41, Normandy Way, Erith is a mid-century freehold house with 753 ft2 of internal area and sits on a 190 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Normandy Way, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
41, Normandy Way, Erith has 31 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated May 2018.
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 41 Normandy Way Erith as £349,018 and the rental value as £1,803 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 41 Normandy Way Erith has increased by £5,486 (1.6%) and its rental value has increased by £112 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 41, Normandy Way, Erith is in very good condition we estimate a sale value of £366,469 and rental value of £1,894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,587 and a rental value of £1,677 per month.
If you were able to purchase this property for the estimated value of £349,018, 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 data from HM Land Registry, 41, Normandy Way, Erith sits on a plot of 190m2.
We have plot size data on 42 out of 52 other houses in the postcode and 41, Normandy Way, Erith sits on the 33rd largest plot.
According to HM Land Registry, 41, Normandy Way, Erith was last sold on 14 Oct 2016 for £279,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2016, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Normandy Way, Erith within a radius of 470 metres over the last 2 years.
The most recent example is 31, Normandy Way, Erith, DA8 3PX, a Freehold house which sold for £350,000 in Oct 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Normandy Way, Erith, DA8 has a total of 52 addresses. According to our analysis of all the public data, 41, Normandy Way, Erith is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in DA8.
41, Normandy Way, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 41, Normandy Way, Erith is Slade Green station which is 1.1 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 41, Normandy Way, Erith, 36.7% of property is privately owned with a mortgage and 31.7% is socially 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 41, Normandy Way, Erith, 23.6% of residents are recorded as possessing school level qualifications and 30.6% 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 41, Normandy Way, 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 41, Normandy Way, 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 41, Normandy Way, Erith, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.