Sold STC Terraced

51 WALLHOUSE ROAD

ERITH, GREATER LONDON DA8 2JT

2 beds 1 baths 624 sq ft Listed 8 Jul 2024 (-755d)

£325,000

Reduced on 2 Aug 2024

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Property details

Tenure

FREEHOLD

Floor area

58 m²

Council tax band

C

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£325,000 Oct 2024

Price per m²

£5,603/m²

Local average

£360,667 (-9.9%)

Deprivation

Decile 5 (15,673 of 33,755)

Street crime

170 incidents within 1 mile (May 2026)

Key features

  • Quiet Close
  • Generous Master Bedroom
  • Modern Upstairs Bathroom
  • Low Maintenance Garden
  • Off Street Parking
  • Light and Airy Throughout

Additional details

Parking
Yes
Garden
Yes

Description

Situated within a quiet close is this two bedroom terrace house which we feel would make an ideal first time buy or buy to let investment.

The property has OFF ROAD PARKING, open plan lounge into kitchen/diner, low maintenance garden, TWO GOOD SIZE BEDROOMS and a stunning three piece bathroom suite. This property is not to be missed and your earliest viewing comes highly recommended.

Key Terms
Erith & Slade Green are adjacent neighbourhoods enjoying close proximity to Bexley borough’s main thoroughfare, Bexleyheath Broadway. Firmly residential, Northumberland Heath is a quiet enclave with some charming Victorian properties and a small village-like centre.

Erith is a larger town that has undergone rejuvenation in recent years, with a revamped town centre, a waterfront setting (home to London’s longest pier) and an ambitious house building programme. Don’t miss the annual Erith Riverside Festival.

Listed by

Northumberland Heath

Robinson Jackson

Reference: 150029732

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 08/07/2024

Expiry date: 07/07/2034

Current heating cost: £564/year

Potential heating cost: £529/year

Est. upgrade cost to C: £9,725

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #71086

Property Details

Street: 51 Wallhouse Road

Town: Erith

Postcode: DA8 2JT

Installation Details

Items: 6 windows and 2 doors

Certificate Issued: 15/10/2002

Work Completed: 10/06/2002

This certificate data was retrieved from FENSA's database

FENSA Certificate #16400910 Recent

Property Details

Street: 51 Wallhouse Road

Town: ERITH

Postcode: DA8 2JT

Installation Details

Items: 1 door

Certificate Issued: 21/07/2024

Work Completed: 12/07/2024

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 28/10/2024 (1 year ago) £325,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
7 CANADA ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2HE £410,000 02/12/2025 Terraced
5 SANDPIPER DRIVE, ERITH, BEXLEY, GREATER LONDON, DA8 2NH £330,000 21/12/2023 Terraced
52 JENNINGTREE ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JR £251,000 29/11/2023 Terraced
72 SANDPIPER DRIVE, ERITH, BEXLEY, GREATER LONDON, DA8 2NY £332,000 16/06/2023 Terraced
50 ALDERNEY ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JD £415,000 15/06/2023 Terraced
274 SLADE GREEN ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JN £412,500 08/06/2023 Terraced
20 SANDPIPER DRIVE, ERITH, BEXLEY, GREATER LONDON, DA8 2NY £337,500 17/02/2023 Terraced
15 DURIUN WAY, ERITH, BEXLEY, GREATER LONDON, DA8 2HG £423,400 07/02/2023 Terraced
60 CANADA ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2HE £405,000 16/12/2022 Terraced
14 BEACON ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JS £321,000 13/12/2022 Terraced
15 SANDPIPER DRIVE, ERITH, BEXLEY, GREATER LONDON, DA8 2NH £355,000 12/12/2022 Terraced
Same street LOWER FARM WALLHOUSE ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JT £90,000 05/12/2022 Other
4 SNIPE CLOSE, ERITH, BEXLEY, GREATER LONDON, DA8 2HD £327,000 28/09/2022 Terraced
14 BEACON ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JS £313,000 01/09/2022 Terraced
23 CANADA ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2HE £365,000 24/08/2022 Terraced
271 SLADE GREEN ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JW £438,000 08/07/2022 Terraced
16 DABBLING CLOSE, ERITH, BEXLEY, GREATER LONDON, DA8 2HW £320,000 20/06/2022 Terraced
14 BEACON ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2JS £295,000 15/06/2022 Terraced
4 CANADA ROAD, ERITH, BEXLEY, GREATER LONDON, DA8 2HE £315,000 27/05/2022 Terraced
8 SANDPIPER DRIVE, ERITH, BEXLEY, GREATER LONDON, DA8 2NY £315,000 16/05/2022 Terraced
6 DURIUN WAY, ERITH, BEXLEY, GREATER LONDON, DA8 2HG £385,000 05/04/2022 Terraced

Street average: £90,000 (1 sale)

Area average: £353,270 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 9.7%
10y growth 16.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Bexley. Series: Terraced. As of April 2026.

1y (index) 3.3%
5y (index) 14.7%
10y (index) 34.7%

Rental Range

Estimated market rent for Bexley. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,378/mo
Realistic £1,531/mo
Optimistic £1,684/mo

Based on Local Authority from postcode lookup → Bexley.

LHA (30th percentile) floor for Outer North East London: £1,247/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View DA8 2JT

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Grange Way 0.2 miles
Shop Budgens 0.4 miles
Shop Morrisons Daily 0.5 miles
Train station Slade Green 0.6 miles
Train station Erith 1.2 miles
Hospital Livingstone Community Hospitals 2.5 miles
University University of Greenwich 3.7 miles
Hospital Jasmine Centre 3.8 miles
University Escape Studios 8.5 miles

Street-level crime

Category Count
Violence and sexual offences 58
Anti-social behaviour 40
Other theft 13
Vehicle crime 12
Burglary 11
Public order 11
Shoplifting 6
Drugs 5
Other crime 5
Robbery 3
Theft from the person 3
Possession of weapons 2
Bicycle theft 1
Total incidents 170

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St. Paul's (Slade Green) Church of England Primary School Primary 0.3 miles Good — 9 Nov 2023
Haberdashers' Slade Green Primary Primary 0.4 miles Good — 24 Apr 2024
Peareswood Primary School Primary 0.8 miles Good — 18 Jun 2019
Woodside Academy Other 1.2 miles Good — 17 Dec 2018
Christ Church (Erith) CofE Primary School Primary 1.2 miles Outstanding — 21 May 2015

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Fourier Grove, DA1 £1,640/mo 2 1.19 miles OpenRent
2 Bed Flat, Triton Lodge, DA8 £1,600/mo 2 1.22 miles OpenRent

Average rent: £1,620/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.5%
Max investor price (0.8%) £202,500
Target investor price (1%) £162,000
Gross yield 6%
Cost-to-rent ratio 16.7×
Monthly cashflow £153/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 1.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).