According to the public record, 7, Sussex Road, Erith is a modern house with 850 ft2 of internal area and sits on a 310 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sussex Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
7, Sussex Road, Erith has no records in the Land Registry database and a single entry in the EPC database dated May 2021.
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 7 Sussex Road Erith as £428,151 and the rental value as £1,875 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Sussex Road Erith has increased by £84 (0.0%) and its rental value has increased by £84 per month (4.5%).
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, Sussex Road, Erith is in very good condition we estimate a sale value of £449,559 and rental value of £1,969 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,181 and a rental value of £1,744 per month.
If you were able to purchase this property for the estimated value of £428,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,104 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, Sussex Road, Erith sits on a plot of 310m2.
We have plot size data on 32 out of 54 other houses in the postcode and 7, Sussex Road, Erith sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Sussex Road, Erith within a radius of 470 metres over the last 2 years.
The most recent example is 39, Sussex Road, Erith, DA8 1JB, a Freehold house which sold for £422,500 in Aug 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sussex Road, Erith, DA8 has a total of 56 addresses. According to our analysis of all the public data, 7, Sussex Road, Erith is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in DA8.
7, Sussex Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 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, Sussex Road, Erith is Barnehurst station which is 1.2 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 7, Sussex Road, Erith, 39.2% of property is privately owned with a mortgage and 24.0% is privately owned outright.
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, Sussex Road, Erith, 22.8% of residents are recorded as possessing school level qualifications and 21.3% 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, Sussex 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 7, Sussex 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 7, Sussex 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.