According to the public record, 56, Cloudesley Road, Erith is a mid-century house with 957 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cloudesley Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
56, Cloudesley Road, Erith has no recent1 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 56 Cloudesley Road Erith as £377,117 and the rental value as £1,947 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 56 Cloudesley Road Erith has increased by £4,944 (1.3%) and its rental value has increased by £116 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 56, Cloudesley Road, Erith is in very good condition we estimate a sale value of £395,973 and rental value of £2,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,719 and a rental value of £1,811 per month.
If you were able to purchase this property for the estimated value of £377,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,853 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, Cloudesley Road, Erith sits on a plot of 279m2.
We have plot size data on 36 out of 47 other houses in the postcode and 56, Cloudesley Road, Erith sits on the 16th largest plot.
According to HM Land Registry, 56, Cloudesley Road, Erith was last sold on 23 Apr 2003 for £147,500 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 56, Cloudesley Road, Erith within a radius of 450 metres over the last 2 years.
The most recent example is 27, Lincoln Close, Erith, DA8 2EB, a Freehold house which sold for £310,000 in Mar 2022.
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, 56, Cloudesley Road, Erith is the 32nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in DA8.
56, Cloudesley Road, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 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 56, 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 56, 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 56, 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 56, 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 56, 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 56, 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.