40 Silver Spring Close, Erith, DA8 1EQ is a freehold terraced property built between 1967-1975. The property offers approximately 980 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £364,369 , which equates to approximately £372 per square foot. It was last sold on 26 Mar 2020 for £295,000. Since then, the value has increased by £69,369, representing a 23.5% increase, or approximately 4.1% per year.

The current estimated value of £364,369 is:

  • 4.2% lower than the average property price on Silver Spring Close
  • 1.7% lower than the average in the DA8 1EQ postcode area
  • and 0.3% lower than the average price for Erith as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 July 2020, the property was recorded as owner-occupied.

View sold house prices in DA8 1EQ

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
980 sq ft
Tenure
Freehold
Price (estimate)
£364,369
Price Per sq ft (estimate)
£372
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40 Silver Spring Close, Erith, Bexley, Greater London Authority, DA8 1EQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Jul 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Nov 2019, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 45.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from poor to very good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DA8 1EQ

31 st / 36
Price Rank
2% lower than average
8 th / 28
Size Rank
11% bigger than average
28 th / 28
Price Per Sq FT Rank
11% lower than average

Compared to other properties in DA8 1EQ , this house's estimated value ranks 31th out of 36. Based on price per square foot, it ranks 28th out of 28 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 28 properties in its postcode area.

Sale History

Today
£364,369
streetscan.co.uk estimate
+24 %
26 Mar 2020
£295,000
Leasehold
+131.4 %
12 Feb 2003
£127,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 861 sq ft
sale price: £332,500
sale date: 21 Dec 2023
rooms: 6
size: 1023 sq ft
sale price: £313,000
sale date: 20 Nov 2020
rooms: 5
size: 980 sq ft
sale price: £305,000
sale date: 28 Feb 2020
rooms: 5
size: 980 sq ft
sale price: £317,000
sale date: 16 Sep 2019
rooms: 4
size: 850 sq ft
sale price: £300,000
sale date: 22 Mar 2019

Data Sources

The property at 40 Silver Spring Close, Erith, DA8 1EQ appears two times in the Land Registry records, with the latest transaction recorded on 26 Mar 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.