According to the public record, 8, Oakwood Drive, Bexleyheath is a early-century freehold house with 1,786 ft2 of internal area and sits on a 804 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Oakwood Drive, Bexleyheath, DA7 is located in the borough of Bexley within the DA7 postal district.
8, Oakwood Drive, Bexleyheath has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated July 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 8 Oakwood Drive Bexleyheath as £653,382 and the rental value as £2,903 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Oakwood Drive Bexleyheath has decreased by £4,877 (0.7%) and its rental value has increased by £112 per month (3.8%).
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 8, Oakwood Drive, Bexleyheath is in very good condition we estimate a sale value of £686,051 and rental value of £3,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £607,645 and a rental value of £2,700 per month.
If you were able to purchase this property for the estimated value of £653,382, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,211 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, Oakwood Drive, Bexleyheath sits on a plot of 804m2.
We have plot size data on 7 out of 19 other houses in the postcode and 8, Oakwood Drive, Bexleyheath sits on the 2nd largest plot.
According to HM Land Registry, 8, Oakwood Drive, Bexleyheath was last sold on 28 Jun 2022 for £627,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oakwood Drive, Bexleyheath within a radius of 630 metres over the last 2 years.
The most recent example is 1A, Manor Way, Bexleyheath, DA7 6JP, a Freehold house which sold for £650,000 in Sep 2022.
Read more about house prices in DA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Drive, Bexleyheath, DA7 has a total of 38 addresses. According to our analysis of all the public data, 8, Oakwood Drive, Bexleyheath is the largest and the most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in DA7.
8, Oakwood Drive, Bexleyheath has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jul 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 8, Oakwood Drive, Bexleyheath is Barnehurst station which is 700 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, Oakwood Drive, Bexleyheath, 49.2% of property is privately owned outright and 46.0% 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 8, Oakwood Drive, Bexleyheath, 16.9% of residents are recorded as possessing school level qualifications and 27.9% 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, Oakwood Drive, Bexleyheath, the average age was 41.1 and the most common age was 52.
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, Oakwood Drive, Bexleyheath, 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 8, Oakwood Drive, Bexleyheath, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.