2 Rainbow Road

    2, RAINBOW ROAD, ERITH, DA8 2ED

    This terraced freehold property on Rainbow Road last sold in October 2016 for £400,000. Based on price growth in the DA8 district since then, its estimated current value is £489,210 — placing it in the 78th percentile nationally and the 87th percentile within DA8. The property covers 133 m² (1,432 sq ft), giving an estimated value of £3,678 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,432 sq ft

    133 m²

    Last Sale Price

    £400,000

    Oct 2016

    Estimated Valuation

    £489,210

    Est. £/sq ft

    £342/sq ft

    £3,678/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,432 sq ft (133 m²)
    EPC dateApr 2014
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2016

    £400,000

    25 Apr 2014

    New build

    £309,995

    Key Metrics

    Estimated valuation£489,210
    Value per sq ft / m²£342/sq ft (£3,678/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DA8 district percentile87th percentile
    National percentile78th percentile

    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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