According to the public record, 8, Friday Road, Erith is a period freehold house with 785 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Friday Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
8, Friday Road, Erith has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated January 2024.
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 8 Friday Road Erith as £316,436 and the rental value as £1,737 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Friday Road Erith has increased by £6,211 (2.0%) and its rental value has increased by £115 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 8, Friday Road, Erith is in very good condition we estimate a sale value of £332,257 and rental value of £1,824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,285 and a rental value of £1,616 per month.
If you were able to purchase this property for the estimated value of £316,436, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,555 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, 8, Friday Road, Erith sits on a plot of 128m2.
We have plot size data on 27 out of 48 other houses in the postcode and 8, Friday Road, Erith sits on the 25th largest plot.
According to HM Land Registry, 8, Friday Road, Erith was last sold on 27 Jun 2013 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 93.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Friday Road, Erith within a radius of 490 metres over the last 2 years.
The most recent example is 18, Alford Road, Erith, DA8 1PP, a Freehold house which sold for £350,000 in Feb 2022.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friday Road, Erith, DA8 has a total of 48 addresses. According to our analysis of all the public data, 8, Friday Road, Erith is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in DA8.
8, Friday Road, Erith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jan 2024.
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 8, Friday Road, 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 8, Friday Road, Erith, 47.1% 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 8, Friday Road, Erith, 27.4% of residents are recorded as possessing school level qualifications and 32.6% 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 8, Friday Road, 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 8, Friday 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 8, Friday 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.