According to the public record, 5, Cloudesley Road, Erith is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,270 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cloudesley Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
5, Cloudesley Road, Erith has 21 entries in the Land Registry database, most recently in September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Cloudesley Road Erith as £413,811 and the rental value as £2,131 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 5 Cloudesley Road Erith has increased by £2,554 (0.6%) and its rental value has increased by £111 per month (5.2%).
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 5, Cloudesley Road, Erith is in very good condition we estimate a sale value of £434,502 and rental value of £2,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,844 and a rental value of £1,982 per month.
If you were able to purchase this property for the estimated value of £413,811, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,034 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 HM Land Registry, 5, Cloudesley Road, Erith was last sold on 18 Sep 2006 for £169,999 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cloudesley Road, Erith within a radius of 450 metres over the last 2 years.
The most recent example is 1, Lincoln Close, Erith, DA8 2EB, a Freehold house which sold for £474,000 in Oct 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cloudesley Road, Erith, DA8 has a total of 51 addresses. According to our analysis of all the public data, 5, Cloudesley Road, Erith is the 2nd largest and the 11th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in DA8.
The closest station to 5, Cloudesley Road, Erith is Slade Green station which is 600 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, Cloudesley Road, Erith, 45.1% of property is socially rented and 24.9% 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, Cloudesley Road, Erith, 26.9% of residents are recorded as possessing school level qualifications and 31.0% 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, Cloudesley 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 5, Cloudesley 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 5, Cloudesley 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.