2 Forest Road

    2, FOREST ROAD, ERITH, DA8 2NT

    This terraced freehold property on Forest Road last sold in September 2021 for £452,000. Based on price growth in the DA8 district since then, its estimated current value is £471,923 — placing it in the 76th percentile nationally and the 84th percentile within DA8. The property covers 130 m² (1,399 sq ft), giving an estimated value of £3,630 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £452,000

    Sept 2021

    Estimated Valuation

    £471,923

    Est. £/sq ft

    £337/sq ft

    £3,630/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    30 Sept 2021

    £452,000

    Key Metrics

    Estimated valuation£471,923
    Value per sq ft / m²£337/sq ft (£3,630/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DA8 district percentile84th percentile
    National percentile76th 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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