40 Drummond Close

    40, DRUMMOND CLOSE, ERITH, DA8 3QS

    This terraced freehold property on Drummond Close last sold in February 2022 for £305,000. Based on price growth in the DA8 district since then, its estimated current value is £296,572 — placing it in the 48th percentile nationally and the 30th percentile within DA8. The property covers 57 m² (614 sq ft), giving an estimated value of £5,203 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £305,000

    Feb 2022

    Estimated Valuation

    £296,572

    Est. £/sq ft

    £483/sq ft

    £5,203/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialA
    Floor area614 sq ft (57 m²)
    EPC dateNov 2024
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 Feb 2022

    £305,000

    31 May 2019

    £270,000

    Key Metrics

    Estimated valuation£296,572
    Value per sq ft / m²£483/sq ft (£5,203/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DA8 district percentile30th percentile
    National percentile48th 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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