According to the public record, 5, Chesworth Close, Erith is a mid-century house with 861 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chesworth Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
5, Chesworth Close, Erith has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2014.
We combine this information with public data 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 5 Chesworth Close Erith as £416,014 and the rental value as £1,897 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 5 Chesworth Close Erith has increased by £5,117 (1.2%) and its rental value has increased by £111 per month (5.8%).
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 5, Chesworth Close, Erith is in very good condition we estimate a sale value of £436,815 and rental value of £1,992 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,893 and a rental value of £1,764 per month.
If you were able to purchase this property for the estimated value of £416,014, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,045 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, 5, Chesworth Close, Erith sits on a plot of 209m2.
We have plot size data on 13 out of 28 other houses in the postcode and 5, Chesworth Close, Erith sits on the 10th largest plot.
According to HM Land Registry, 5, Chesworth Close, Erith was last sold on 10 Dec 1999 for £89,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Chesworth Close, Erith within a radius of 460 metres over the last 2 years.
The most recent example is 50, Wessex Drive, Erith, DA8 3AF, a Freehold house which sold for £400,000 in Apr 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chesworth Close, Erith, DA8 has a total of 28 addresses. According to our analysis of all the public data, 5, Chesworth Close, Erith is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in DA8.
5, Chesworth Close, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 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 5, Chesworth Close, Erith is Slade Green 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 5, Chesworth Close, Erith, 46.0% of property is privately owned outright and 37.2% 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 5, Chesworth Close, Erith, 18.0% of residents are recorded as possessing school level qualifications and 26.9% 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 5, Chesworth Close, 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 5, Chesworth Close, Erith, 0.3% 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 5, Chesworth Close, Erith, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.