According to the public record, 56, Belmont Road, Erith is a mid-century freehold house with 871 ft2 of internal area and sits on a 294 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Belmont Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
56, Belmont Road, Erith has 31 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated October 2018.
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 56 Belmont Road Erith as £377,840 and the rental value as £1,855 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 56 Belmont Road Erith has increased by £3,231 (0.9%) and its rental value has increased by £100 per month (5.4%).
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 56, Belmont Road, Erith is in very good condition we estimate a sale value of £396,732 and rental value of £1,948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,391 and a rental value of £1,726 per month.
If you were able to purchase this property for the estimated value of £377,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,857 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, 56, Belmont Road, Erith sits on a plot of 294m2.
We have plot size data on 7 out of 21 other houses in the postcode and 56, Belmont Road, Erith sits on the 9th largest plot.
According to HM Land Registry, 56, Belmont Road, Erith was last sold on 15 Feb 2019 for £325,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2019, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Belmont Road, Erith within a radius of 490 metres over the last 2 years.
The most recent example is 39, Brook Street, Erith, DA8 1JJ, a Freehold house which sold for £355,000 in Aug 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belmont Road, Erith, DA8 has a total of 219 addresses. According to our analysis of all the public data, 56, Belmont Road, Erith is the 143rd largest and the 163rd most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in DA8.
56, Belmont Road, Erith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 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 56, Belmont Road, Erith is Barnehurst station which is 900 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 56, Belmont Road, Erith, 40.4% of property is socially rented and 24.8% 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 56, Belmont Road, Erith, 23.5% of residents are recorded as possessing school level qualifications and 27.4% 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 56, Belmont 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 56, Belmont 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 56, Belmont 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.