According to the public record, 55, Bridge Road, Erith is a mid-century house with 979 ft2 of internal area and sits on a 707 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bridge Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
55, Bridge Road, Erith has no records in the Land Registry database and a single entry in the EPC database dated July 2018.
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 55 Bridge Road Erith as £377,268 and the rental value as £1,931 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 55 Bridge Road Erith has increased by £4,946 (1.3%) and its rental value has increased by £115 per month (5.9%).
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 55, Bridge Road, Erith is in very good condition we estimate a sale value of £396,131 and rental value of £2,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,859 and a rental value of £1,795 per month.
If you were able to purchase this property for the estimated value of £377,268, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,854 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, 55, Bridge Road, Erith sits on a plot of 707m2.
We have plot size data on 22 out of 31 other houses in the postcode and 55, Bridge Road, Erith sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Bridge Road, Erith within a radius of 490 metres over the last 2 years.
The most recent example is 3, Cloudesley Road, Erith, DA8 2DA, a Freehold house which sold for £387,000 in Dec 2021.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bridge Road, Erith, DA8 has a total of 106 addresses. According to our analysis of all the public data, 55, Bridge Road, Erith is the 35th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in DA8.
55, Bridge Road, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2018.
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 55, Bridge Road, Erith is Slade Green station which is 400 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 55, Bridge Road, Erith, 36.3% of property is privately owned with a mortgage and 31.1% 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 55, Bridge Road, Erith, 27.4% of residents are recorded as possessing school level qualifications and 28.9% 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 55, Bridge 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 55, Bridge 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 55, Bridge Road, Erith, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.