According to the public record, 7, Lowry Close, Erith is a modern freehold house with 1,022 ft2 of internal area and sits on a 194 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lowry Close, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
7, Lowry Close, Erith has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated June 2021.
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 7 Lowry Close Erith as £430,325 and the rental value as £1,983 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 Lowry Close Erith has increased by £8,447 (2.0%) and its rental value has increased by £132 per month (6.6%).
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 7, Lowry Close, Erith is in very good condition we estimate a sale value of £451,841 and rental value of £2,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,202 and a rental value of £1,844 per month.
If you were able to purchase this property for the estimated value of £430,325, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,115 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, 7, Lowry Close, Erith sits on a plot of 194m2.
We have plot size data on 22 out of 28 other houses in the postcode and 7, Lowry Close, Erith sits on the 3rd largest plot.
According to HM Land Registry, 7, Lowry Close, Erith was last sold on 14 Dec 2017 for £365,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lowry Close, Erith within a radius of 500 metres over the last 2 years.
The most recent example is 9, Morris Drive, Belvedere, DA17 6FJ, a Freehold house which sold for £390,000 in Apr 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lowry Close, Erith, DA8 has a total of 28 addresses. According to our analysis of all the public data, 7, Lowry Close, Erith is the largest and the most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in DA8.
7, Lowry Close, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2021.
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 7, Lowry Close, Erith is Erith 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 7, Lowry Close, Erith, 38.1% of property is socially rented and 27.8% 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 7, Lowry Close, Erith, 33.2% of residents are recorded as possessing school level qualifications and 27.3% 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 7, Lowry Close, 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 7, Lowry Close, Erith, 1.1% 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 7, Lowry Close, 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.