60 Rainbow Road

    60, RAINBOW ROAD, ERITH, DA8 2ED

    This terraced freehold property on Rainbow Road last sold in August 2022 for £525,000. Based on price growth in the DA8 district since then, its estimated current value is £510,493 — placing it in the 80th percentile nationally and the 90th percentile within DA8. The property covers 126 m² (1,356 sq ft), giving an estimated value of £4,052 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £525,000

    Aug 2022

    Estimated Valuation

    £510,493

    Est. £/sq ft

    £376/sq ft

    £4,052/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,356 sq ft (126 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2022

    £525,000

    27 May 2016

    £450,000

    19 Dec 2014

    New build

    £324,995

    Key Metrics

    Estimated valuation£510,493
    Value per sq ft / m²£376/sq ft (£4,052/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DA8 district percentile90th percentile
    National percentile80th 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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