According to the public record, 74, Colyers Lane, Erith is a mid-century freehold house with 764 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colyers Lane, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
74, Colyers Lane, Erith has a single entry in the Land Registry database from September 2022 and a single entry in the EPC database dated April 2022.
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 74 Colyers Lane Erith as £360,437 and the rental value as £1,818 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 74 Colyers Lane Erith has increased by £3,855 (1.1%) and its rental value has increased by £103 per month (5.7%).
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 74, Colyers Lane, Erith is in very good condition we estimate a sale value of £378,459 and rental value of £1,909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,206 and a rental value of £1,691 per month.
If you were able to purchase this property for the estimated value of £360,437, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,771 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, 74, Colyers Lane, Erith sits on a plot of 268m2.
We have plot size data on 21 out of 22 other houses in the postcode and 74, Colyers Lane, Erith sits on the 8th largest plot.
According to HM Land Registry, 74, Colyers Lane, Erith was last sold on 30 Sep 2022 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Colyers Lane, Erith within a radius of 510 metres over the last 2 years.
The most recent example is 25, Valence Road, Erith, DA8 3JT, a Freehold house which sold for £367,500 in Aug 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colyers Lane, Erith, DA8 has a total of 179 addresses. According to our analysis of all the public data, 74, Colyers Lane, Erith is the 142nd largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in DA8.
74, Colyers Lane, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2022.
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 74, Colyers Lane, 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 74, Colyers Lane, Erith, 32.8% of property is socially rented and 25.4% 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 74, Colyers Lane, Erith, 18.8% of residents are recorded as possessing school level qualifications and 20.7% 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 74, Colyers Lane, Erith, the average age was 40.8 and the most common age was 37.
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 74, Colyers Lane, Erith, 1.8% 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 74, Colyers Lane, 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.