According to the public record, 53, Colyers Lane, Erith is a mid-century freehold house with 635 ft2 of internal area and sits on a 369 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colyers Lane, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
53, Colyers Lane, Erith has 31 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated September 2016.
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 53 Colyers Lane Erith as £328,405 and the rental value as £1,684 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 53 Colyers Lane Erith has increased by £3,512 (1.1%) and its rental value has increased by £95 per month (5.7%).
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 53, Colyers Lane, Erith is in very good condition we estimate a sale value of £344,826 and rental value of £1,769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,417 and a rental value of £1,566 per month.
If you were able to purchase this property for the estimated value of £328,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,614 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, 53, Colyers Lane, Erith sits on a plot of 369m2.
We have plot size data on 21 out of 48 other houses in the postcode and 53, Colyers Lane, Erith sits on the 3rd largest plot.
According to HM Land Registry, 53, Colyers Lane, Erith was last sold on 08 Jun 2017 for £305,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2017, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Colyers Lane, Erith within a radius of 500 metres over the last 2 years.
The most recent example is 2, Alberta Road, Erith, DA8 3NA, a Freehold house which sold for £340,000 in Jan 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colyers Lane, Erith, DA8 has a total of 179 addresses. According to our analysis of all the public data, 53, Colyers Lane, Erith is the 171st largest and the 159th most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in DA8.
53, Colyers Lane, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2016.
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 53, Colyers Lane, Erith is Barnehurst station which is 700 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 53, Colyers Lane, Erith, 50.8% of property is privately owned with a mortgage and 38.3% 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 53, Colyers Lane, Erith, 20.1% of residents are recorded as possessing school level qualifications and 35.4% 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 53, Colyers Lane, Erith, the average age was 40.8 and the most common age was 37.
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 53, Colyers Lane, 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 53, Colyers Lane, Erith, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.