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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Storer Drive, Welling is a modern leasehold house with 1,442 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Storer Drive, Welling is £587,490 and the estimated rental value is £2,398 per month.
Storer Drive, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
2, Storer Drive, Welling has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Storer Drive, Welling is in very good condition we estimate a sale value of £616,864 and a rental value of £2,518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,365 and a rental value of £2,230 per month.
Over the last 12 months the sale value of 2 Storer Drive Welling has decreased by an estimated £6,013 (1.0%) and its rental value has increased by an estimated £109 per month (4.5%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 2, Storer Drive, Welling sits on a plot of 140m2.
We have plot size data on 17 out of 26 other houses in the postcode and 2, Storer Drive, Welling sits on the 16th largest plot.
2, Storer Drive, Welling has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Storer Drive, Welling was last sold on 10th November 2020 for £500,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 24.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Storer Drive, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 6, Storer Drive, Welling, DA16 1AA, a leasehold house which sold for £545,000 on the 14th June 2024.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Storer Drive, Welling, DA16 has a total of 26 addresses. According to our analysis of all the public data, 2, Storer Drive, Welling is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in DA16.
The nearest school is Foster's Primary School which is 508 metres away. The nearest train station is Welling which is 900 metres away.
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