According to the public record, Lower Farm, Erith is a modern house with 2,701 ft2 of internal area and sits on a 755 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Wallhouse Road, Erith, DA8 is located in the borough of Bexley within the DA8 postal district.
Lower Farm, Erith has no records in the Land Registry database and a single entry in the EPC database dated April 2022.
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 Lower Farm Erith as £721,790 and the rental value as £3,528 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Lower Farm Erith has increased by £635 (0.1%) and its rental value has increased by £165 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 Lower Farm, Erith is in very good condition we estimate a sale value of £757,879 and rental value of £3,704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £671,264 and a rental value of £3,281 per month.
If you were able to purchase this property for the estimated value of £721,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,547 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, Lower Farm, Erith sits on a plot of 755m2.
We have plot size data on 23 out of 30 other houses in the postcode and Lower Farm, Erith sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 850 metres radius of Lower Farm, Erith over the last 2 years.
The most recent example is 73, Sandpiper Drive, Erith, DA8 2NH, a Freehold house which sold for £315,000 in May 2018.
Read more about house prices in DA8.
Wallhouse Road, Erith, DA8 has a total of 45 addresses. According to our analysis of all the public data, Lower Farm, Erith is the largest and the most expensive property on the street.
When compared to the postcode district it is £383k more expensive than the average property in DA8.
Lower Farm, Erith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2022.
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 Lower Farm, 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 Lower Farm, Erith, 44.4% of property is privately owned with a mortgage and 30.2% is socially rented.
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 Lower Farm, Erith, 30.0% of residents are recorded as possessing school level qualifications and 45.6% 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 Lower Farm, Erith, the average age was 33.5 and the most common age was 12.
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 Lower Farm, Erith, 1.1% 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 Lower Farm, 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.