According to the public record, 62, West Street, Erith is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,059 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
West Street, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
62, West Street, Erith has 31 entries in the Land Registry database, most recently in April 2007 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 62 West Street Erith as £347,828 and the rental value as £1,838 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 62 West Street Erith has increased by £5,778 (1.7%) and its rental value has increased by £116 per month (6.3%).
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 62, West Street, Erith is in very good condition we estimate a sale value of £365,220 and rental value of £1,930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,480 and a rental value of £1,710 per month.
If you were able to purchase this property for the estimated value of £347,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,709 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, 62, West Street, Erith was last sold on 05 Apr 2007 for £177,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2007, the market for similar properties has risen 92.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, West Street, Erith within a radius of 530 metres over the last 2 years.
The most recent example is 7, Maximfeldt Road, Erith, DA8 1AH, a Freehold house which sold for £345,000 in Jun 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Street, Erith, DA8 has a total of 254 addresses. According to our analysis of all the public data, 62, West Street, Erith is the 30th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in DA8.
The closest station to 62, West Street, Erith is Erith station which is 200 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 62, West Street, Erith, 33.1% of property is privately rented and 26.3% 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 62, West Street, Erith, 27.6% of residents are recorded as possessing school level qualifications and 40.2% 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 62, West Street, Erith, the average age was 34.2 and the most common age was 7.
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 62, West Street, 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 62, West Street, 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.