245, Gipsy Road
245, Gipsy Road
Description & Estimates
245, Gipsy Road, Welling appears in the public record as a freehold house sitting on a 268 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 453 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 245, Gipsy Road, Welling is £318,354 and its rental estimate is £1,424 per month, given the available information and assuming reasonable condition.
Gipsy Road, Welling, DA16 falls within the DA16 postal district, in the borough of Bexley.
Our Data Sources
245, Gipsy Road, Welling has a single entry in the Land Registry from February 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 245, Gipsy Road, Welling, we estimate a market value of £334,272 and a rental value of £1,495 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £296,069 and £1,324 per month respectively.
Recent Market Change
Over the last year, 245, Gipsy Road, Welling has seen its estimated sale value rise by £4,043 (1.3%) and its estimated rental value move up by £84 per month (5.9%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 245, Gipsy Road, Welling as measuring 268 m2.
That makes it the 2nd largest plot in the postcode, where all 30 other houses have recorded plot data.
Sold Prices
The most recent sale of 245, Gipsy Road, Welling completed on 13th February 2015 at £172,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 52.6% over the period since February 2015.
- Sold Feb 2015£172,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 245, Gipsy Road, Welling has sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th May 2010, was 68, Selsey Crescent, Welling, DA16 1ES, a freehold house which sold for £235,000.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 242 addresses on Gipsy Road, Welling, DA16, 245, Gipsy Road, Welling comes out as the 240th largest and the 242nd most expensive in our analysis of the public data.
It is also £132k less expensive than the average property across the DA16 district.
More reading links
Schools Nearby
- 200mSt Michael's East Wickham Church of England Primary School
- 400mBrampton Primary Academy
- 600mBarrington Primary School
- 800mWelling School
- 1.9kmBexley Grammar School
- 2.0kmLift Bexleyheath
More reading links
Public Transport Nearby
From 245, Gipsy Road, Welling, the nearest station is Bexleyheath, 900 metres away.
- 900mBexleyheath
- 1.7kmWelling
- 2.4kmAbbey Wood
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
