2 Medley Lane

    2, MEDLEY LANE, ERITH, DA8 1FF

    This terraced leasehold property on Medley Lane last sold in August 2019 for £171,500. Based on price growth in the DA8 district since then, its estimated current value is £201,101 — placing it in the 25th percentile nationally and the 11th percentile within DA8. The property covers 119 m² (1,281 sq ft), giving an estimated value of £1,690 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £171,500

    Aug 2019

    Estimated Valuation

    £201,101

    Est. £/sq ft

    £157/sq ft

    £1,690/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateNov 2018
    WallsAverage thermal transmittance 0.15 W/m
    HeatingCommunity scheme

    Transaction History

    27 Aug 2019

    New build

    £171,500

    Key Metrics

    Estimated valuation£201,101
    Value per sq ft / m²£157/sq ft (£1,690/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DA8 district percentile11th percentile
    National percentile25th percentile

    Other Properties on Medley Lane

    District Context — DA8

    DA8 covers Erith and surrounding areas in the London Borough of Bexley, in Greater London's southeastern suburbs. It is a densely populated residential district with strong transport links and a mix of family housing and urban amenities.

    Average Property Price - DA8

    £358,929

    58

    National percentile

    Average Net Household Income - DA8

    £48,695

    86

    National percentile

    10-Year Annualised Price Growth - DA8

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - DA

    4.8%

    88

    National percentile

    View full analysis for DA8

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