According to the public record, 88, Merewood Road, Bexleyheath is a mid-century house with 990 ft2 of internal area and sits on a 567 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merewood Road, Bexleyheath, DA7 is located in the borough of Bexley within the DA7 postal district.
88, Merewood Road, Bexleyheath has no records in the Land Registry database and a single entry in the EPC database dated January 2016.
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 88 Merewood Road Bexleyheath as £535,889 and the rental value as £2,141 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 88 Merewood Road Bexleyheath has increased by £4,999 (0.9%) and its rental value has increased by £116 per month (5.4%).
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 88, Merewood Road, Bexleyheath is in very good condition we estimate a sale value of £562,684 and rental value of £2,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,377 and a rental value of £1,991 per month.
If you were able to purchase this property for the estimated value of £535,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,634 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, 88, Merewood Road, Bexleyheath sits on a plot of 567m2.
We have plot size data on 15 out of 25 other houses in the postcode and 88, Merewood Road, Bexleyheath sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Merewood Road, Bexleyheath within a radius of 550 metres over the last 2 years.
The most recent example is 60, Beechcroft Avenue, Bexleyheath, DA7 6QS, a Freehold house which sold for £540,000 in Dec 2023.
Read more about house prices in DA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merewood Road, Bexleyheath, DA7 has a total of 113 addresses. According to our analysis of all the public data, 88, Merewood Road, Bexleyheath is the 82nd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in DA7.
88, Merewood Road, Bexleyheath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jan 2016.
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 88, Merewood Road, Bexleyheath is Barnehurst station which is 300 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 88, Merewood Road, Bexleyheath, 49.6% of property is privately owned outright and 43.9% 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 88, Merewood Road, Bexleyheath, 11.6% of residents are recorded as possessing school level qualifications and 33.1% 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 88, Merewood Road, Bexleyheath, 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 88, Merewood Road, Bexleyheath, 0.6% 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 88, Merewood Road, 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.