According to the public record, 94, Northumberland Way, Erith is a early-century freehold house with 1,184 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Northumberland Way, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
94, Northumberland Way, Erith has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated April 2023.
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 94 Northumberland Way Erith as £454,381 and the rental value as £2,151 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 94 Northumberland Way Erith has increased by £835 (0.2%) and its rental value has increased by £102 per month (4.7%).
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 94, Northumberland Way, Erith is in very good condition we estimate a sale value of £477,100 and rental value of £2,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,574 and a rental value of £2,001 per month.
If you were able to purchase this property for the estimated value of £454,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,233 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, 94, Northumberland Way, Erith sits on a plot of 240m2.
We have plot size data on 11 out of 26 other houses in the postcode and 94, Northumberland Way, Erith sits on the 8th largest plot.
According to HM Land Registry, 94, Northumberland Way, Erith was last sold on 15 Feb 2024 for £492,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 94, Northumberland Way, Erith within a radius of 520 metres over the last 2 years.
The most recent example is 102, Northumberland Way, Erith, DA8 3NW, a Freehold house which sold for £400,000 in May 2023.
Read more about house prices in DA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northumberland Way, Erith, DA8 has a total of 116 addresses. According to our analysis of all the public data, 94, Northumberland Way, Erith is the 29th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in DA8.
94, Northumberland Way, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2023.
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 94, Northumberland Way, Erith is Barnehurst 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 94, Northumberland Way, Erith, 32.8% of property is socially rented and 25.4% 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 94, Northumberland Way, Erith, 18.8% of residents are recorded as possessing school level qualifications and 20.7% 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 94, Northumberland Way, Erith, 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 94, Northumberland Way, Erith, 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 94, Northumberland Way, 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.