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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, 23, Springfield Road, Welling is a period freehold house with 1,506 ft2 of internal area.
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 23, Springfield Road, Welling is £534,299 and the estimated rental value is £2,482 per month.
Springfield Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
23, Springfield Road, Welling has a single entry in the Land Registry from March 2015 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 23, Springfield Road, Welling is in very good condition we estimate a sale value of £561,014 and a rental value of £2,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £496,898 and a rental value of £2,309 per month.
Over the last 12 months the sale value of 23 Springfield Road Welling has decreased by an estimated £5,468 (1.0%) and its rental value has increased by an estimated £113 per month (4.5%), giving an expected gross yield of 5.6%.
23, Springfield Road, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Springfield Road, Welling was last sold on 6th March 2015 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2015, the market for similar properties has risen 64.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Springfield Road, Welling within a radius of 460 metres over the last 2 years.
The most recent example is 9, Orchard Road, Welling, DA16 1QG, a freehold house which sold for £465,000 on the 29th March 2019.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Welling, DA16 has a total of 58 addresses. According to our analysis of all the public data, 23, Springfield Road, Welling is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in DA16.
The nearest school is St Stephen's Catholic Primary School which is 402 metres away. The nearest train station is Welling which is 600 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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