House Prices in DA8 House Prices in DA8 (Erith)

The average house price in DA8 (Erith) is £351,500 using HM Land Registry data.

The average property price increased by £37,826 (23.46%) over the last 5 years and increased by £7,577 (3.6%) over the last 12 months.

Over the last year, there were 215 residential property sales – a decrease of 48 transactions (-22.33%) relative to the previous year. The majority of house sales (39) were in the £316,000 - £364,000 range. Then came properties in the £220,000 - £268,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 189 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,875 (-2%).

In January 2025, there were 50 new estate agency instructions, 36 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in DA8 (Erith)

23.46%

Property prices in DA8 (Erith) increased by 23.46% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DA8 (Erith) Over the Last Year

3.6%

Property prices in DA8 (Erith) increased by 3.6% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for DA8 (Erith) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DA8 (Erith)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DA8 (Erith)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DA8 (Erith)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DA8 (Erith) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DA8 postcode area since 1995.

Recent Sales in DA8 (Erith)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
198 Brook Street, Erith, Greater London, DA8 1DZ£400,000£395,000-£5,00005 Jun 202416 Dec 2024194 Days
94 Northend Road, Erith, Greater London, DA8 3QH£425,000£425,000£016 Sep 202413 Dec 202488 Days
48 Thanet Road, Erith, Greater London, DA8 3RB£425,000£415,000-£10,00012 Jul 202409 Dec 2024150 Days
243 Hazel Road, Erith, Greater London, DA8 2NB£350,000£350,000£010 Jun 202406 Dec 2024179 Days
67 Silver Spring Close, Erith, Greater London, DA8 1EG£390,000£385,000-£5,00017 Jul 202425 Nov 2024131 Days
6 Shinglewell Road, Erith, Greater London, DA8 1NE£525,000£525,000£030 May 202422 Nov 2024176 Days
14 Park Crescent Road, Erith, Greater London, DA8 3DX£525,000£515,000-£10,00010 Apr 202406 Nov 2024210 Days
110 Lincoln Road, Erith, Greater London, DA8 2DT£395,000£380,000-£15,00013 Jun 202431 Oct 2024140 Days
260 Riverdale Road, Erith, Greater London, DA8 1QE£375,000£362,500-£12,50022 Apr 202428 Oct 2024189 Days
19 Duriun Way, Erith, Greater London, DA8 2HG£325,000£322,500-£2,50005 Mar 202425 Oct 2024234 Days
31 Hurst Road, Erith, Greater London, DA8 3EW£365,000£360,000-£5,00003 Jun 202325 Oct 2024510 Days
2 Guild Road, Erith, Greater London, DA8 2PS£330,000£325,000-£5,00028 May 202422 Oct 2024147 Days
14 South Road, Erith, Greater London, DA8 3RA£365,000£365,000£009 May 202418 Oct 2024162 Days
20 Coniston Close, Erith, Greater London, DA8 3BD£465,000£440,000-£25,00004 Apr 202409 Oct 2024188 Days
87 Canada Road, Erith, Greater London, DA8 2HF£230,000£220,000-£10,00016 Apr 202408 Oct 2024175 Days
73 Heath Way, Erith, Greater London, DA8 3LZ£400,000£380,000-£20,00022 Jan 202409 Aug 2024200 Days
103 Northumberland Way, Erith, Greater London, DA8 3NX£375,000£360,000-£15,00021 Aug 202309 Aug 2024354 Days
52 Barnehurst Close, Erith, Greater London, DA8 3NL£349,950£325,000-£24,95026 Apr 202408 Aug 2024104 Days
Flat 11, Drake Point, Chichester Wharf, Erith, Greater London, DA8 1BG£290,000£270,000-£20,00024 Aug 202326 Jul 2024337 Days
130 Brook Street, Erith, Greater London, DA8 1JA£365,000£360,000-£5,00009 Oct 202305 Jul 2024270 Days

Most Expensive Streets in DA8 (Erith)

PostcodeStreetAreaAverageNo. of Sales
DA8 3DGLesney Park RoadErith£652,5004
DA8 3ASAvenue RoadErith£602,5004
DA8 1LQBelmont RoadErith£539,5005
DA8 1FUChalk RoadErith£526,6663
DA8 1YBBronte CloseErith£516,0005
DA8 1FTLoampit RoadErith£510,75010
DA8 1LSNurstead RoadErith£506,5006
DA8 1NFShinglewell RoadErith£505,6254
DA8 2FQCodd WayErith£503,3758
DA8 3BJBuxton RoadErith£500,6663

Least Expensive Streets in DA8 (Erith)

PostcodeStreetAreaAverageNo. of Sales
DA8 2PQFrobisher RoadErith£105,0003
DA8 3DLLesney Park RoadErith£120,65313
DA8 2PUFrobisher RoadErith£161,8005
DA8 1SQJames Watt WayErith£165,0833
DA8 3FJBellingham Court, Larner RoadErith£166,3758
DA8 1NBSycamore Court, Sandcliff RoadErith£168,3333
DA8 2PLCook SquareErith£175,2504
DA8 1LWChandlers DriveErith£185,45010
DA8 1GLErith High StreetErith£186,2916
DA8 3FHStoneham Court, Dell View RoadErith£188,4663

Explore DA8 (Erith) using map