According to the public record, 8, Selkirk Drive, Erith is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 901 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Selkirk Drive, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
8, Selkirk Drive, Erith has 21 entries in the Land Registry database, most recently in October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Selkirk Drive Erith as £351,151 and the rental value as £1,888 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Selkirk Drive Erith has increased by £5,641 (1.6%) and its rental value has increased by £118 per month (6.2%).
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, Selkirk Drive, Erith is in very good condition we estimate a sale value of £368,709 and rental value of £1,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,571 and a rental value of £1,756 per month.
If you were able to purchase this property for the estimated value of £351,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,726 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 HM Land Registry, 8, Selkirk Drive, Erith was last sold on 09 Oct 2008 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2008, the market for similar properties has risen 119.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Selkirk Drive, Erith within a radius of 420 metres over the last 2 years.
The most recent example is 1, Myrtle Close, Erith, DA8 3PT, a Freehold house which sold for £450,000 in Jul 2024.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selkirk Drive, Erith, DA8 has a total of 93 addresses. According to our analysis of all the public data, 8, Selkirk Drive, Erith is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in DA8.
The closest station to 8, Selkirk Drive, Erith is Slade Green station which is 800 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, Selkirk Drive, Erith, 36.4% of property is privately owned with a mortgage and 22.7% is shared ownership.
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, Selkirk Drive, Erith, 12.1% of residents are recorded as possessing school level qualifications and 25.5% 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, Selkirk Drive, Erith, the average age was 37.6 and the most common age was 32.
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, Selkirk Drive, Erith, 0.9% 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, Selkirk Drive, 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.