According to the public record, 89, Erwood Road, London is a modern freehold house with 1,323 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Erwood Road, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
89, Erwood Road, London has a single entry in the Land Registry database from August 2015 and a single entry in the EPC database dated January 2015.
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 89 Erwood Road London as £496,174 and the rental value as £2,234 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 89 Erwood Road London has increased by £10,385 (2.1%) and its rental value has increased by £121 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 89, Erwood Road, London is in very good condition we estimate a sale value of £520,983 and rental value of £2,346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,442 and a rental value of £2,078 per month.
If you were able to purchase this property for the estimated value of £496,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,439 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, 89, Erwood Road, London sits on a plot of 106m2.
We have plot size data on 6 out of 8 other houses in the postcode and 89, Erwood Road, London sits on the 3rd largest plot.
According to HM Land Registry, 89, Erwood Road, London was last sold on 19 Aug 2015 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 89, Erwood Road, London within a radius of 480 metres over the last 2 years.
The most recent example is 9, Hillreach, London, SE18 4AJ, a Freehold house which sold for £585,000 in Oct 2022.
Read more about house prices in SE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erwood Road, London, SE7 has a total of 101 addresses. According to our analysis of all the public data, 89, Erwood Road, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in SE7.
89, Erwood Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jan 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 89, Erwood Road, London is Woolwich Dockyard 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 89, Erwood Road, London, 61.1% of property is socially rented and 21.4% 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 89, Erwood Road, London, 21.1% of residents are recorded as possessing school level qualifications and 28.8% 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 89, Erwood Road, London, the average age was 34.7 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 89, Erwood Road, London, 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 89, Erwood Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.