According to the public record, 48, Horsa Road, Erith is a period freehold house with 882 ft2 of internal area and sits on a 139 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Horsa Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
48, Horsa Road, Erith has 51 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated October 2015.
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 48 Horsa Road Erith as £349,136 and the rental value as £1,874 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 48 Horsa Road Erith has increased by £4,666 (1.3%) and its rental value has increased by £112 per month (6.0%).
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 48, Horsa Road, Erith is in very good condition we estimate a sale value of £366,593 and rental value of £1,968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,696 and a rental value of £1,743 per month.
If you were able to purchase this property for the estimated value of £349,136, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,716 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, 48, Horsa Road, Erith sits on a plot of 139m2.
We have plot size data on 16 out of 34 other houses in the postcode and 48, Horsa Road, Erith sits on the 13th largest plot.
According to HM Land Registry, 48, Horsa Road, Erith was last sold on 19 Jan 2023 for £349,250 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jan 2023, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Horsa Road, Erith within a radius of 450 metres over the last 2 years.
The most recent example is 99, Horsa Road, Erith, DA8 1HF, a Freehold house which sold for £355,000 in May 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horsa Road, Erith, DA8 has a total of 127 addresses. According to our analysis of all the public data, 48, Horsa Road, Erith is the 90th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in DA8.
48, Horsa Road, Erith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Oct 2015.
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 48, Horsa Road, Erith is Barnehurst station which is 1.2 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 48, Horsa Road, Erith, 45.1% of property is privately owned with a mortgage and 36.3% 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 48, Horsa Road, Erith, 26.2% of residents are recorded as possessing school level qualifications and 28.6% 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 48, Horsa Road, Erith, the average age was 38.4 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 48, Horsa 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 48, Horsa Road, 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.