According to the public record, 68, Mill Road, Erith is a period freehold house with 914 ft2 of internal area and sits on a 253 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
68, Mill Road, Erith has 2 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated August 2017.
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 68 Mill Road Erith as £357,911 and the rental value as £1,876 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 68 Mill Road Erith has increased by £4,387 (1.2%) and its rental value has increased by £110 per month (5.8%).
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 68, Mill Road, Erith is in very good condition we estimate a sale value of £375,806 and rental value of £1,970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,857 and a rental value of £1,745 per month.
If you were able to purchase this property for the estimated value of £357,911, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,759 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, 68, Mill Road, Erith sits on a plot of 253m2.
We have plot size data on 12 out of 27 other houses in the postcode and 68, Mill Road, Erith sits on the 5th largest plot.
According to HM Land Registry, 68, Mill Road, Erith was last sold on 11 Dec 2017 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2017, the market for similar properties has risen 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Mill Road, Erith within a radius of 460 metres over the last 2 years.
The most recent example is 107, Horsa Road, Erith, DA8 1HF, a Freehold house which sold for £340,000 in Sep 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Erith, DA8 has a total of 61 addresses. According to our analysis of all the public data, 68, Mill Road, Erith is the 37th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in DA8.
68, Mill Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2017.
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 68, Mill Road, Erith is Barnehurst station which is 1.0 kilometres 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 68, Mill Road, Erith, 38.3% of property is privately owned outright and 33.6% 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 68, Mill Road, Erith, 24.2% of residents are recorded as possessing school level qualifications and 22.6% 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 68, Mill 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 68, Mill Road, Erith, 0.8% 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 68, Mill Road, Erith, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.